NEW MARCUS 4

What Happened
Marcus New, a director of HIVE Digital Technologies Ltd. (HIVE), is reported to have acquired 100,000 shares on 2026-06-30 through the exercise/conversion of a derivative instrument at $0.00 per share (total nominal value $0). The filing footnotes indicate these reflect restricted share units (RSUs) granted as compensation that will convert one-for-one into common shares upon vesting.

Key Details

• Transaction date and type: 2026-06-30 — Exercise/conversion of derivative (transaction code M), 100,000 shares @ $0.00.
• Shares/RSUs reported after transaction: Column 9 reflects 750,000 RSUs in total (including 325,000 fully vested RSUs that have not been converted), plus various smaller tranches with vesting dates through March 16, 2027.
• Vesting note: The 100,000 RSUs reported for 6/30/2026 were awarded on that date and vest in full on 2027-06-30 (Footnotes F1–F3). Other reported RSUs have vesting dates between July 2026 and March 2027.
• Ownership vehicle: These securities are directly held by ROI Capital Ltd.; the New Family Trust is the sole shareholder of ROI and Mr. New is a trustee (Footnote F4).
• Timeliness: The Form 4 was filed 2026-07-01 for a 2026-06-30 transaction (appears to be timely).

Context
This filing documents an RSU-related acquisition (compensation award) rather than an open-market purchase — no cash was paid and no shares were sold. RSU awards are standard executive/director compensation and do not necessarily signal a personal buy or sell decision. Several RSU tranches remain unvested or are vested but not converted, and there is no indication in this filing of an immediate sale of underlying shares.