MCGEE SUSAN B 4
4 · HIVE Digital Technologies Ltd. · Filed Jul 1, 2026
Research Summary
AI-generated summary of this filing
HIVE Director Susan McGee Receives 100,000 RSUs
What Happened
Susan B. McGee, a director of HIVE Digital Technologies Ltd. (HIVE), was recorded as acquiring 100,000 derivative units on June 30, 2026 at $0.00. These are restricted share units (RSUs) issued under the company’s RSU Plan that will convert into one share of common stock per RSU upon vesting. The newly awarded 100,000 RSUs vest in full on June 30, 2027.
Key Details
- Transaction date and terms: Award dated 2026-06-30, reported as a derivative acquisition at $0.00 (code M — exercise/conversion form); footnotes clarify these are RSUs (award).
- Vesting: The 100,000 RSUs awarded on 6/30/2026 vest in full on 6/30/2027 (F2).
- RSUs reported after this award: The filing’s Column 9 aggregates previously reported RSUs plus this grant — itemized prior vesting schedule (F3): 25,000 (12,500 on 8/5/2026 and 12,500 on 11/5/2026), 100,000 on 7/8/2026, 100,000 on 10/31/2026, and 100,000 on 3/16/2027. Adding the new 100,000 grant yields 425,000 RSUs outstanding under the reported schedules.
- Footnotes: F1–F3 explain these are RSUs converting 1:1 into common shares upon vesting and list vesting dates.
- Filing timeliness: Form filed 2026-07-01 for a 6/30/2026 award — appears to be timely.
Context
RSU grants are compensation, not open-market purchases or sales, and do not represent immediately tradable shares until they vest and are settled. This transaction is a standard equity compensation award to a director; it does not itself indicate buying or selling conviction and does not involve an immediate cashless exercise or sale. Monitor the listed near-term vesting dates (including a 100,000 RSU tranche vesting on 7/8/2026) for potential future share issuance.
Insider Transaction Report
- Exercise/Conversion
Restricted Share Units
[F1][F2][F3]2026-06-30+100,000→ 425,000 total→ Common Stock (100,000 underlying)
Footnotes (3)
- [F1]Reflects restricted share units ("RSUs") issued pursuant to the Issuer's Restricted Share Unit Plan (the "RSU Plan") that, upon vesting and settlement will convert into shares of the Issuer's common stock on a one-for-one basis.
- [F2]Reflects 100,000 RSUs that were awarded on June 30, 2026 and will vest in full on June 30, 2027.
- [F3]In addition to the RSUs awarded on June 30, 2026, the RSUs reported under Column 9 include RSUs that were previously reported. The underlying shares and vesting schedules are as follows: (i) 25,000 vest in two equal installments of 12,500 on each of August 5, 2026 and November 5, 2026; (ii) 100,000 will vest on July 8, 2026; (iii) 100,000 will vest on October 31, 2026 and (iv) 100,000 will vest on March 16, 2027.