HIVE Digital Technologies (HIVE) director granted 100,000 RSUs via trust
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HIVE Digital Technologies director Marcus New reported an acquisition of 100,000 restricted share units (RSUs) that were awarded on June 30, 2026. These RSUs will vest in full on June 30, 2027 and convert into common stock on a one-for-one basis upon vesting and settlement.
Following this award, New has 750,000 RSUs indirectly held through ROI Capital Ltd., whose sole shareholder is The New Family Trust, where he serves as a trustee. Footnotes show 325,000 RSUs are already fully vested but not yet converted, while additional tranches vest between July 2026 and March 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
100,000 shares exercised/converted
Mixed
1 txn
Insider
NEW MARCUS
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 100,000 | $0.00 | -- |
Holdings After Transaction:
Restricted Share Units — 750,000 shares (Indirect, By ROI Capital Ltd.)
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) 325,000 RSUs are fully vested, and have not been converted into common stock, as permitted under the RSU Plan; (ii) 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. These securities are directly held by ROI Capital Ltd. ("ROI"). The New Family Trust (the "Trust") is the sole shareholder of ROI. Mr. New is a trustee of the Trust.
Key Figures
New RSU award: 100,000 RSUs
Total RSUs after award: 750,000 RSUs
Fully vested RSUs: 325,000 RSUs
+3 more
6 metrics
New RSU award
100,000 RSUs
Awarded on June 30, 2026; vest June 30, 2027
Total RSUs after award
750,000 RSUs
Indirectly held through ROI Capital Ltd. after transaction
Fully vested RSUs
325,000 RSUs
Fully vested but not yet converted into common stock
Two-installment vesting block
25,000 RSUs
Vest in 12,500 RSUs on August 5, 2026 and November 5, 2026
Single-date vesting tranches
100,000 RSUs each
Vest on July 8, 2026; October 31, 2026; and March 16, 2027
Exercise/conversion price
$0.00 per RSU
Reported conversion or exercise price for RSUs
Key Terms
Restricted Share Units, RSUs, Restricted Share Unit Plan, vest, +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.
vest financial
"100,000 RSUs that were awarded on June 30, 2026 and will vest in full on June 30, 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
common stock financial
"will convert into shares of the Issuer's common stock on a one-for-one basis"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did HIVE (HIVE) director Marcus New report?
Marcus New reported receiving 100,000 restricted share units (RSUs) on June 30, 2026. These RSUs will vest on June 30, 2027 and then convert into common shares on a one-for-one basis, increasing his indirect equity-based exposure to HIVE.
How many HIVE (HIVE) RSUs does Marcus New hold after this Form 4?
After the reported award, Marcus New holds 750,000 restricted share units indirectly. All RSUs are held through ROI Capital Ltd., whose sole shareholder is The New Family Trust, where New serves as a trustee, consolidating his equity-linked position in the company.
What is the vesting schedule for Marcus New’s HIVE (HIVE) RSUs?
The new 100,000 RSUs vest fully on June 30, 2027. Existing RSUs include 325,000 already fully vested, plus tranches of 25,000, 100,000, 100,000 and 100,000 RSUs vesting on specific dates from July 8, 2026 through March 16, 2027 under the RSU Plan.
Are Marcus New’s HIVE (HIVE) RSUs open-market purchases of stock?
No. The filing describes restricted share units granted under HIVE’s Restricted Share Unit Plan. RSUs are equity awards, not open-market share purchases, and they convert into common stock only upon vesting and settlement on a one-for-one share basis as specified.
Who actually holds the HIVE (HIVE) RSUs reported for Marcus New?
The RSUs are directly held by ROI Capital Ltd. The New Family Trust is the sole shareholder of ROI, and Marcus New is a trustee of the trust. This means his interest is indirect, through those related entities, rather than direct personal share ownership.