HIVE Digital Technologies (HIVE) director settles 100,000 RSUs into shares and keeps 325,000 RSUs

Rhea-AI Filing Summary

HIVE Digital Technologies Ltd. director Susan B. McGee exercised restricted share units into common shares. On July 9, 2026, 100,000 RSUs granted on July 8, 2025 vested and were settled into 100,000 common shares on a one-for-one basis. Following this transaction, she holds 100,000 common shares directly and 325,000 RSUs that will vest in scheduled installments through June 30, 2027.

Insights

Equity Compensation Analyst

Director converted 100,000 RSUs into shares and retains sizable unvested awards.

Director Susan B. McGee converted 100,000 restricted share units into 100,000 common shares on July 9, 2026, following vesting of RSUs awarded on July 8, 2025. The exercise price is shown as $0.0000, consistent with equity compensation rather than an open-market purchase.

After settlement, she directly owns 100,000 common shares and 325,000 RSUs. These RSUs vest in tranches: 25,000 in two installments of 12,500 on August 5, 2026 and November 5, 2026, 100,000 on October 31, 2026, 100,000 on March 16, 2027, and 100,000 on June 30, 2027. This pattern reflects ongoing equity-based compensation rather than discretionary market buying or selling.

Insider Trade Summary

100,000 shares exercised/converted

Mixed 2 txns

Insider MCGEE SUSAN B

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Share Units	100,000	$0.00	--
Exercise	Common Shares	100,000	$0.00	--

Holdings After Transaction: Restricted Share Units — 325,000 shares (Direct); Common Shares — 100,000 shares (Direct)

Footnotes (1)

1. Reflects restricted share units ("RSUs") issued pursuant to the Issuer's Restricted Share Unit Plan (the "RSU Plan") that, upon vesting and settlement converted into shares of the Issuer's common stock on a one-for-one basis. Reflects 100,000 RSUs that were awarded on July 8, 2025 and vested on July 8, 2026. These RSUs were settled and converted into common shares of the Issuer on July 9, 2026, in accordance with the Issuer's RSU Plan. 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 October 31, 2026, (iii) 100,000 will vest on March 16, 2027 and (iv) 100,000 will vest on June 30, 2027.

Key Figures

Common shares acquired: 100,000 shares RSUs exercised: 100,000 units RSUs outstanding after transaction: 325,000 units +3 more

6 metrics

Common shares acquired 100,000 shares Common shares received upon RSU settlement on July 9, 2026

RSUs exercised 100,000 units RSUs awarded on July 8, 2025 that vested and settled on July 9, 2026

RSUs outstanding after transaction 325,000 units Restricted share units remaining subject to vesting after July 9, 2026

Future RSU vesting 2026 (tranche 1) 12,500 units Portion of 25,000 RSUs vesting on August 5, 2026

Future RSU vesting 2026 (tranche 2) 12,500 units Portion of 25,000 RSUs vesting on November 5, 2026

Single RSU vesting block 100,000 units Each of three tranches vesting on October 31, 2026; March 16, 2027; and June 30, 2027

Key Terms

Restricted Share Units, RSU Plan, vest, settled

4 terms

Restricted Share Units financial

"Reflects restricted share units ("RSUs") issued pursuant to the Issuer's Restricted Share Unit Plan"

Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.

RSU Plan financial

"issued pursuant to the Issuer's Restricted Share Unit Plan (the "RSU Plan")"

vest financial

"100,000 RSUs that were awarded on July 8, 2025 and vested on July 8, 2026"

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.

settled financial

"These RSUs were settled and converted into common shares of the Issuer on July 9, 2026"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/10/2026 - 08:09 PM Accepted by SEC EDGAR 07/10/2026 - 08:09 PM Learn about SEC filing dates

FAQ

What did HIVE (HIVE) director Susan B. McGee report in this Form 4?

Director Susan B. McGee reported the conversion of 100,000 restricted share units into 100,000 common shares of HIVE Digital Technologies Ltd. on July 9, 2026, following the vesting of an RSU award granted in 2025.

How many HIVE (HIVE) restricted share units vested and settled on July 9, 2026?

On July 9, 2026, 100,000 RSUs awarded to director Susan B. McGee on July 8, 2025 vested and were settled into 100,000 common shares of HIVE Digital Technologies Ltd. on a one-for-one basis.

What are Susan B. McGee’s HIVE (HIVE) holdings after this Form 4 transaction?

Following the reported transaction, Susan B. McGee holds 100,000 common shares of HIVE Digital Technologies Ltd. directly and 325,000 restricted share units that remain outstanding and subject to future vesting dates.

What future vesting schedule is disclosed for HIVE (HIVE) RSUs held by Susan B. McGee?

The filing shows 325,000 RSUs outstanding, with 25,000 vesting in two installments of 12,500 on August 5, 2026 and November 5, 2026, and additional 100,000 RSUs vesting on each of October 31, 2026, March 16, 2027, and June 30, 2027.

Was the HIVE (HIVE) Form 4 transaction an open-market purchase or sale?

No open-market trade is reported. The Form 4 describes an exercise or conversion of derivative security, where 100,000 RSUs were settled into 100,000 common shares at a stated price per share of $0.0000.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

MCGEE SUSAN B

(Last) (First) (Middle)

7900 CALLAGHAN ROAD

SUITE 128

(Street)

SAN ANTONIO TEXAS 78229

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
HIVE Digital Technologies Ltd. [ HIVE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol
[HIVE]

3. Date of Earliest Transaction (Month/Day/Year)
07/09/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares	07/09/2026		M		100,000	A	(1)(2)	100,000	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Share Units	(1)	07/09/2026		M			100,000	(2)	(2)	Common Stock	100,000	$0	325,000(3)	D

Explanation of Responses:

1. Reflects restricted share units ("RSUs") issued pursuant to the Issuer's Restricted Share Unit Plan (the "RSU Plan") that, upon vesting and settlement converted into shares of the Issuer's common stock on a one-for-one basis.

2. Reflects 100,000 RSUs that were awarded on July 8, 2025 and vested on July 8, 2026. These RSUs were settled and converted into common shares of the Issuer on July 9, 2026, in accordance with the Issuer's RSU Plan.

3. 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 October 31, 2026, (iii) 100,000 will vest on March 16, 2027 and (iv) 100,000 will vest on June 30, 2027.

	/s/ Susan B. McGee	07/10/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)