MCGEE SUSAN B 4
Research Summary
AI-generated summary
HIVE Digital Director Susan McGee Sells 208,300 Shares
What Happened
- Susan B. McGee, a director of HIVE Digital Technologies Ltd. (HIVE), reported two open‑market sales totaling 208,300 common shares. On 2026-06-17 she sold 83,300 shares at US$4.24 per share for proceeds of $353,192 (converted from C$5.95/share). On 2026-06-19 she sold 125,000 shares at US$4.25 per share for proceeds of $531,250 (converted from C$6.00/share). Total proceeds reported: $884,442. These were sales (routine disposition), not purchases.
Key Details
- Transactions: 2026-06-17 (83,300 shares @ US$4.24, proceeds $353,192) and 2026-06-19 (125,000 shares @ US$4.25, proceeds $531,250)
- Sale method: Open market / private sale (reported as sale, transaction code S)
- Currency conversion footnotes:
- 2026-06-17 sale price shown as C$5.95, converted at Bank of Canada rate 1 USD = C$1.4034 (F1)
- 2026-06-19 sale price shown as C$6.00, converted at Bank of Canada rate 1 USD = C$1.4131 (F2)
- Shares owned after transaction: Not specified in the Form 4 filing
- Filing date: 2026-06-22. The 2026-06-17 sale appears to have been reported after the SEC’s two-business-day window (i.e., reported late); the 2026-06-19 sale was included in the same filing.
Context
- These entries are outright sales by a company director. Sales are often routine and do not necessarily signal a change in view about the company; purchases are generally more informative about insider sentiment. No option exercises, awards, or gifts are reported in this filing.