STOCK TITAN

HIVE (HIVE) COO Luke Rossy sells 215,000 shares and ends direct holding

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

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.

Positive

  • None.

Negative

  • None.

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 Rossy Luke
Role COO
Sold 215,000 shs ($854K)
Type Security Shares Price Value
Sale Common Shares 215,000 $3.97 $854K
Holdings After Transaction: Common Shares — 0 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 215,000 shares Open-market sale of Common Shares on June 8, 2026
Weighted average sale price $3.97 per share USD price reported for the June 8, 2026 sale
Post-transaction direct holdings 0 shares Total Common Shares directly owned after the sale
Canadian weighted average price CAD$5.53942 per share Underlying Canadian price before FX conversion
Trade price range CAD$5.42–CAD$5.67 Range of individual trades on June 8, 2026
Exchange rate used USD$1.00 = CAD$1.3947 Bank of Canada rate applied for conversion
Net shares sold 215,000 shares Net-sell direction from transaction summary
open-market sale financial
"transaction_action is described as an open-market sale of Common Shares"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
exchange rate financial
"converted from the Canadian weighted average price ... using an exchange rate of USD$1.00 to CAD$1.3947"
Exchange rate is the price of one currency expressed in another—for example, how many euros you receive for one US dollar. It matters to investors because changes in that price alter the reported profits, costs and value of assets for companies and portfolios that operate or hold money across borders; think of it like switching measurement units, where the same item can look bigger or smaller depending on the unit used.
net-sell financial
"transactionSummary shows netBuySellDirection as net-sell for 215,000 shares"
Common Shares financial
"security_title field identifies the security as Common Shares"
Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.
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SEC Form 4
FORM 4UNITED 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*
Rossy Luke

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
COO
2a. Foreign Trading Symbol
[HIVE]
3. Date of Earliest Transaction (Month/Day/Year)
06/08/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Shares06/08/2026S215,000D$3.97(1)0D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
/s/ Luke Rossy06/08/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did HIVE COO Luke Rossy report on this Form 4?

HIVE COO Luke Rossy reported an open-market sale of 215,000 Common Shares. The trade occurred on June 8, 2026 at a weighted average price of $3.97 per share, fully eliminating his reported direct ownership position in HIVE common shares after the transaction.

At what price did HIVE COO Luke Rossy sell his 215,000 shares?

The reported weighted average sale price was $3.97 per share. A footnote explains this was converted from a Canadian weighted average of CAD$5.53942, based on an exchange rate of USD$1.00 to CAD$1.3947, with individual trades between CAD$5.42 and CAD$5.67.

How many HIVE shares does COO Luke Rossy hold after this reported sale?

After the reported transaction, Luke Rossy’s total direct ownership is listed as 0 Common Shares. The Form 4 shows 215,000 shares sold and indicates no remaining direct holdings for this security, with no other derivative positions disclosed in the derivative summary.

Was HIVE COO Luke Rossy’s share sale an open-market transaction?

Yes. The transaction is coded as an open-market sale of Common Shares. The filing describes a series of trades executed within a price range in Canadian dollars, aggregated into a weighted average price and converted to U.S. dollars for reporting purposes.

How many HIVE shares in total were sold by COO Luke Rossy in this filing?

The filing shows a total of 215,000 Common Shares sold. Transaction summary data confirms a net-sell direction of 215,000 shares, with one sale transaction reported, zero purchases, and no derivative exercises, gifts, or tax-withholding-related dispositions in this Form 4.

What currency details are provided for Luke Rossy’s HIVE share sale?

Trades were executed in Canadian dollars between CAD$5.42 and CAD$5.67 per share. The filing gives 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.