MCGEE SUSAN B 4

What Happened

• Susan B. McGee, a director of HIVE Digital Technologies Ltd., had 100,000 restricted stock units (RSUs) vest and convert into 100,000 shares on April 22, 2026. The Form 4 reports an acquisition of 100,000 shares via conversion (no purchase price) and a corresponding disposition of 100,000 shares at $0.00 (reported as a derivative disposition).
• No cash consideration or market sale price is listed for the acquisition (typical for RSU settlement). The disposition is recorded at $0.00 on the filing; the Form 4’s footnotes identify these shares as originating from vested RSUs.

Key Details

• Transaction date: April 22, 2026; Form 4 filed April 23, 2026 (timely filing).
• Acquired: 100,000 shares via RSU conversion (price: N/A). Disposed: 100,000 shares at $0.00 (reported value $0).
• Shares owned after the transaction are not specified in the provided data.
• Footnotes: F1/F2 confirm these were RSUs converting one-for-one into common shares. F3 notes additional outstanding RSU awards with future vesting (one award vests in three installments on May 5, Aug 5 and Nov 5, 2026; additional awards of 100,000 vest on July 8, Oct 31, 2026 and March 16, 2027).
• The filing does not state a 10b5‑1 plan or explicit tax-withholding transfer; the $0 disposition may reflect a non-cash settlement action commonly seen with RSU vesting, but the filing itself only reports the conversion and $0 disposition.

Context

• This was not an open‑market buy or sale driven by trading; it was the settlement of equity compensation (RSUs) into shares. Conversions of RSUs into shares are routine compensation events and do not, by themselves, indicate a buy/sell signal.
• Because the disposition is recorded at $0.00, retail investors should treat this as an administrative/settlement entry rather than a market sale.