Kilic Aydin 4

4 · HIVE Digital Technologies Ltd. · Filed Jun 9, 2026

AI-generated summary of this filing

Updated Jun 9, 2026

HIVE CEO Kilic Aydin Converts 450,000 RSUs to Common Shares

What Happened

Kilic Aydin, President & CEO of HIVE Digital Technologies Ltd. (HIVE), had 450,000 restricted stock units (RSUs) settle and convert into common shares on June 5, 2026. This consists of 400,000 RSUs that vested earlier (Footnote F4) and 50,000 RSUs that vested earlier (Footnote F5). The Form 4 records these as derivative conversions (transaction code M); no cash was paid in connection with the settlement (reported $0.00).

Key Details

Transaction date: June 5, 2026. Form filed: June 9, 2026 (filed within the standard 2 business-day window).
Transaction type/code: Conversion/settlement of RSUs (derivative code M).
Shares converted: 400,000 (F4) + 50,000 (F5) = 450,000 common shares.
Price / consideration: $0.00 recorded for the conversions — these were RSU settlements, not open-market purchases or sales.
Ownership after transaction: Not explicitly quantified in this filing.
Related footnotes: F1 (RSUs convert one-for-one to common shares); F2–F3 note some securities are held through entities wholly owned by Mr. Kilic; F6 lists additional outstanding RSU awards and their future vesting schedule (100,000 in two installments of 50,000 on Aug 5 & Nov 5, 2026; 400,000 on Jul 8, 2026; 400,000 on Oct 31, 2026; 400,000 on Mar 16, 2027).

Context

These transactions reflect compensation-related vesting and settlement of RSUs, not purchases or sales in the open market. Such RSU settlements are routine for executives and represent issuance of shares upon vesting rather than a directional trading signal.

Form 4

Period: 2026-06-05

President & CEO

Transactions

Exercise/Conversion
Common Shares
[F1][F2]
2026-06-05+400,000→ 1,116,777 total(indirect: By Akilic Ventures Ltd.)
Exercise/Conversion
Common Shares
[F1][F2]
2026-06-05+50,000→ 1,166,777 total(indirect: By Akilic Ventures Ltd.)
Exercise/Conversion
Restricted stock units
[F1][F4][F6][F2]
2026-06-05−400,000→ 1,350,000 total(indirect: By Akilic Ventures Ltd.)
→ Common Stock (400,000 underlying)
Exercise/Conversion
Restricted stock units
[F1][F5][F6][F2]
2026-06-05−45,000→ 1,300,000 total(indirect: By Akilic Ventures Ltd.)
→ Common Stock (50,000 underlying)

Holdings

Footnotes (6)

[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 the Issuer's common stock on a one-for-one basis.
[F2]These securities are owned by Akilic Ventures Ltd., a corporation that is wholly owned by Mr. Kilic.
[F3]These securities are owned by Unimage Enterprises Ltd., a corporation that is wholly owned by Mr. Kilic.
[F4]Reflects 400,000 RSUs that vested on April 17, 2026. These RSUs were settled and converted into common shares of the Issuer on June 5, 2026, in accordance with the Issuer's RSU Plan.
[F5]Reflects 50,000 RSUs that vested on May 5, 2026. These RSUs were settled and converted into common shares of the Issuer on June 5, 2026, in accordance with the Issuer's RSU Plan.
[F6]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) 100,000 vest in two equal installments of 50,000 on each of August 5, 2026 and November 5, 2026; (ii) 400,000 will vest on July 8, 2026; (iii) 400,000 will vest on October 31, 2026 and (iv) 400,000 will vest on March 16, 2027.

Signature

/s/ Aydin Kilic|2026-06-07

1 file