HIVE Digital Technologies Ltd.·4

Jul 1, 8:38 PM ET

Ibghy Gabriel 4

Research Summary

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HIVE GC Ibghy Gabriel Receives 200,000 RSUs

What Happened

  • Ibghy Gabriel, General Counsel of HIVE Digital Technologies Ltd. (HIVE), was granted/converted 200,000 restricted share units (RSUs) on June 30, 2026. The reported transaction shows acquisition of 200,000 derivative securities at $0.00 (no cash paid).

Key Details

  • Transaction date: June 30, 2026; filing date: July 1, 2026 (timely).
  • Reported price: $0.00 per share; reported cash value of this transaction = $0.
  • Vesting: the 200,000 RSUs awarded on June 30, 2026 vest in full on June 30, 2027 (Footnote F2).
  • Shares/RSUs held after the transaction: the filing shows a total of 1,450,587 RSUs underlying the insider’s reporting (including the new 200,000). Of those, 620,587 are already vested but have not been converted into common shares (Footnote F3). Other previously reported RSUs vest on various dates in 2026–2027 per F3.
  • Footnotes: F1 explains RSUs convert one-for-one to common shares on settlement; F3 lists the detailed vesting schedule of previously reported RSUs.
  • Filing timeliness: no late filing indicated (transaction reported on July 1 for a June 30 transaction).

Context

  • This is an RSU award/derivative conversion (Form 4 code M was used). RSUs are not an open-market purchase or sale — they are an equity award that converts into shares as they vest. Because many RSUs remain subject to vesting and some vested RSUs have not been converted, this filing documents future share availability rather than an immediate market buy or sale.