Rossy Luke 4

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.