Perrill Dave 4

What Happened

• Dave Perrill, a director of HIVE Digital Technologies Ltd., sold 175,000 common shares in an open-market transaction on June 19, 2026 for total proceeds of $820,750 (reported price $4.69/share).
• Earlier, on May 7, 2026 Perrill had 112,500 restricted share units (RSUs) convert into common shares (100,000 RSUs awarded 4/17/2025 vested 4/17/2026; 12,500 RSUs awarded 11/5/2024 vested 5/5/2026). These RSU settlements were recorded as derivative exercises/conversions with $0 consideration (non-cash settlement).

Key Details

• Transaction dates: RSU conversion/settlement — May 7, 2026; open-market sale — June 19, 2026.
• Sale price/proceeds: reported $4.69 per share; proceeds $820,750. Footnote: the shares were sold in Canadian dollars in multiple trades (C$6.589–C$6.660, weighted avg C$6.639 ≈ US$4.57 using Bank of Canada rate).
• Shares owned after transaction: not disclosed in the provided excerpt of the filing.
• Notable footnotes: F1/F3/F4 confirm these were RSUs that vested and converted one-for-one into common shares on May 7, 2026. F5 shows additional unvested RSU awards totaling 325,000 shares scheduled to vest in installments between July 8, 2026 and March 16, 2027.
• Timeliness: The May 7, 2026 RSU settlements were included in the Form 4 filed June 23, 2026 (reported late for the May events). The June 19, 2026 sale was reported on June 23, 2026 (within the typical two-business-day filing window for that sale).

Context

• The May entries reflect RSU vesting and conversion (derivative settlement) — a non‑cash event that created common shares available for sale. Some or all of the converted shares were later sold in the open market.
• No 10b5-1 plan or other trading plan is disclosed in the provided excerpt.
• This filing is informational; it reports insider activity but does not by itself indicate the insider’s motives or the company’s outlook.