MCGEE SUSAN B 4
Research Summary
AI-generated summary
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.