HIVE (HIVE) COO Luke Rossy sells 215,000 shares and ends direct holding
Rhea-AI Filing Summary
HIVE Digital Technologies Ltd. Chief Operating Officer Luke Rossy reported an open-market sale of 215,000 Common Shares on June 8, 2026 at a weighted average price of $3.97 per share. After this transaction, his reported direct ownership of HIVE common shares is 0 shares.
The footnote explains that the sale occurred through multiple trades between CAD$5.42 and CAD$5.67, with a Canadian weighted average price of CAD$5.53942, converted to $3.97 using an exchange rate of USD$1.00 to CAD$1.3947 as reported by the Bank of Canada on June 8, 2026.
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Insights
COO executes sizable open-market sale, fully exiting reported direct holdings.
The filing shows HIVE Digital Technologies’ COO, Luke Rossy, completed an open-market sale of 215,000 Common Shares at a weighted average price of $3.97 on June 8, 2026. Following the transaction, his reported direct position is 0 shares.
This is categorized as a straightforward open-market sale with no accompanying grants, option exercises, or derivative positions disclosed in the derivative summary. The footnote specifies a trade range of CAD$5.42–CAD$5.67 and an exchange rate of USD$1.00 to CAD$1.3947, indicating execution in Canadian dollars but reporting in U.S. dollars.
The transactionSummary shows a net-sell direction of 215,000 shares with no offsetting acquisitions. Any broader significance for HIVE depends on how this share count compares to overall float or prior holdings, which is not detailed here and would need context from other disclosures.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares | 215,000 | $3.97 | $854K |
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from CAD$5.42 to CAD$5.67, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. The weighted average price reported above was converted from the Canadian weighted average price of CAD$5.53942 to USD$3.97, using an exchange rate of USD$1.00 to CAD$1.3947, as reported by the Bank of Canada on June 8, 2026.
Key Figures
Key Terms
open-market sale financial
weighted average price financial
exchange rate financial
net-sell financial
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