Rossy Luke 4
4 · HIVE Digital Technologies Ltd. · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
HIVE COO Rossy Luke Sells 66,700 Shares After RSU Vesting
What Happened
- Rossy Luke, Chief Operating Officer of HIVE Digital Technologies (HIVE), had 215,000 restricted stock units (RSUs) settle into common shares on June 3, 2026 (200,000 vested April 17, 2026; 15,000 vested May 5, 2026) and sold 66,700 of those shares in an open-market transaction.
- The 66,700 shares were sold at a weighted average price of C$6.3475 (range C$6.20–C$6.42), converted to USD $4.57 per share, for proceeds of approximately $304,819. The RSU settlements are reported as derivative conversions (reported at $0 in some entries as settlement of the awards).
Key Details
- Transaction date: June 3, 2026; Form 4 filed June 5, 2026 (timely filing).
- Sale: 66,700 shares disposed; weighted average price C$6.3475 → USD $4.57; proceeds ≈ $304,819. Reporting person can provide per-price breakdown on request (sales ranged C$6.20–C$6.42).
- RSU settlement: 215,000 RSUs converted into common shares (200,000 and 15,000 respectively) on June 3, 2026.
- Remaining awards disclosed: additional RSU awards totaling 630,000 shares scheduled to vest in installments (15,000 on Aug 5 & Nov 5, 2026; 200,000 on Jul 8, 2026; 200,000 on Oct 31, 2026; 200,000 on Mar 16, 2027).
- No 10b5-1 plan or tax-withholding procedure noted in the filing.
Context
- These filings reflect settlement of compensation RSUs (awards converting one-for-one to common shares) and a subsequent open-market sale of a portion of the vested shares—a common way executives monetize vested awards. Derivative entries reported at $0 reflect RSU settlement rather than a cash exercise.
Insider Transaction Report
Form 4
Rossy Luke
COO
Transactions
- Exercise/Conversion
Common Shares
[F1]2026-06-03+200,000→ 266,700 total - Exercise/Conversion
Common Shares
[F1]2026-06-03+15,000→ 281,700 total - Sale
Common Shares
[F2]2026-06-03$4.57/sh−66,700$304,819→ 215,000 total - Exercise/Conversion
Restricted stock units
[F1][F3][F5]2026-06-03−200,000→ 645,000 total→ Common Stock (200,000 underlying) - Exercise/Conversion
Restricted stock units
[F1][F4][F5]2026-06-03−15,000→ 630,000 total→ Common Stock (15,000 underlying)
Footnotes (5)
- [F1]Reflects restricted share units ("RSUs") issued pursuant to the Issuer's Restricted Stock Unit Plan (the "RSU Plan") that, upon vesting and settlement converted into shares of Issuer common stock on a one-for-one basis.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from C$6.20 to C$6.42, 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$6.3475 to USD$4.57, using an exchange rate of CAD$1.00 = USD $1.3884, as reported by the Bank of Canada on June 3, 2026.
- [F3]Reflects 200,000 RSUs that vested on April 17, 2026. These RSUs were settled and converted into common shares of the Issuer on June 3, 2026, in accordance with the Issuer's RSU Plan.
- [F4]Reflects 15,000 RSUs that vested on May 5, 2026. These RSUs were settled and converted into common shares of the Issuer on June 3, 2026, in accordance with the Issuer's RSU Plan.
- [F5]The RSUs reported under Column 9 include four additional RSU awards that were previously reported. The underlying shares and vesting schedules are as follows: (i) 30,000 vest in two equal installments of 15,000 on each of August 5, 2026 and November 5, 2026; (ii) 200,000 will vest on July 8, 2026; (iii) 200,000 will vest on October 31, 2026 and (iv) 200,000 will vest on March 16, 2027.
Signature
/s/ Luke Rossy|2026-06-04