HIVE Digital (HIVE) director granted 100,000 RSUs in equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HIVE Digital Technologies Ltd. director Susan B. McGee received 100,000 restricted share units (RSUs) on June 30, 2026 under the company’s RSU Plan. These RSUs carry a zero exercise price and will convert into common stock on a one-for-one basis when they vest.
After this award, McGee holds 425,000 RSUs in total, all subject to future vesting. The filing notes specific vesting dates between July 2026 and March 2027 for previously granted RSUs, indicating this is a compensation-related equity grant rather than an open-market share purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
100,000 shares exercised/converted
Mixed
1 txn
Insider
MCGEE SUSAN B
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 100,000 | $0.00 | -- |
Holdings After Transaction:
Restricted Share Units — 425,000 shares (Direct, null)
Footnotes (1)
- Reflects restricted share units ("RSUs") issued pursuant to the Issuer's Restricted Share Unit Plan (the "RSU Plan") that, upon vesting and settlement will convert into shares of the Issuer's common stock on a one-for-one basis. Reflects 100,000 RSUs that were awarded on June 30, 2026 and will vest in full on June 30, 2027. In addition to the RSUs awarded on June 30, 2026, the RSUs reported under Column 9 include RSUs that were previously reported. The underlying shares and vesting schedules are as follows: (i) 25,000 vest in two equal installments of 12,500 on each of August 5, 2026 and November 5, 2026; (ii) 100,000 will vest on July 8, 2026; (iii) 100,000 will vest on October 31, 2026 and (iv) 100,000 will vest on March 16, 2027.
Key Figures
New RSU award: 100,000 RSUs
Total RSUs after award: 425,000 RSUs
RSU vesting date (new grant): June 30, 2027
+2 more
5 metrics
New RSU award
100,000 RSUs
Granted June 30, 2026 under RSU Plan
Total RSUs after award
425,000 RSUs
Holdings following June 30, 2026 transaction
RSU vesting date (new grant)
June 30, 2027
100,000 RSUs vest in full on this date
Additional RSUs block
25,000 RSUs
Vest 12,500 on August 5, 2026 and 12,500 on November 5, 2026
Other vesting blocks
3 × 100,000 RSUs
Vest on July 8, 2026; October 31, 2026; March 16, 2027
Key Terms
Restricted Share Units, RSUs, Restricted Share Unit Plan, vesting, +1 more
5 terms
RSUs financial
"Reflects 100,000 RSUs that were awarded on June 30, 2026 and will vest in full"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
vesting financial
"will vest in full on June 30, 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
settlement financial
"upon vesting and settlement will convert into shares of the Issuer's common stock"
Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.
FAQ
What did HIVE (HIVE) director Susan B. McGee report in this Form 4?
Susan B. McGee reported receiving 100,000 restricted share units (RSUs) on June 30, 2026. These RSUs were issued under HIVE’s RSU Plan and will convert into common shares on a one-for-one basis when they vest, at no cash exercise cost.
How many HIVE RSUs does Susan B. McGee hold after this transaction?
Following the June 30, 2026 award, Susan B. McGee holds 425,000 RSUs in total. This figure includes the new 100,000-unit grant plus previously reported RSUs that have defined vesting dates between July 2026 and March 2027.
When will the newly awarded 100,000 HIVE RSUs vest?
The newly awarded 100,000 RSUs granted on June 30, 2026 will vest in full on June 30, 2027. Once vested and settled, they will convert into an equal number of HIVE common shares according to the one-for-one conversion described.
Are there other HIVE RSU grants to Susan B. McGee with upcoming vesting dates?
Yes. The filing lists previously reported RSUs with upcoming vesting: 25,000 in two installments on August 5 and November 5, 2026, plus blocks of 100,000 vesting on July 8, 2026, October 31, 2026, and March 16, 2027.