Thornblad Johanna 4

What Happened

• Johanna Thornblad, Country Site President‑Sweden for HIVE Digital Technologies Ltd. (HIVE), had a derivative transaction reported on 2026-06-30 that shows acquisition of 200,000 shares at $0.00. The filing uses code M (exercise/conversion of a derivative security) but the footnotes clarify these are restricted share units (RSUs) issued under the company’s RSU Plan. The 200,000 RSUs awarded on June 30, 2026 will vest in full on June 30, 2027; no cash was paid.

Key Details

• Transaction date and price: 2026-06-30; 200,000 shares @ $0.00 (derivative/RSU).
• Shares/RSUs reported after transaction: RSUs underlying a total of 1,380,000 shares are reflected (including the new 200,000 award). Breakdown: 350,000 RSUs already vested but not converted; 30,000 vest in two installments (15,000 on Aug 5, 2026 and 15,000 on Nov 5, 2026); 200,000 vest on Jul 8, 2026; 200,000 vest on Oct 31, 2026; 200,000 vest on Mar 16, 2027; and the newly awarded 200,000 vest on Jun 30, 2027.
• Footnotes: F1 confirms these are RSUs converting one‑for‑one into common shares upon vesting; F2 notes the new award vests 6/30/2027; F3 lists previously reported RSU vesting schedule (see breakdown above).
• Filing timeliness: No late‑filing indication provided (treated as timely).

Context

• This was an RSU award/derivative conversion (not an open‑market purchase or sale). RSUs are compensation and vest over time; some of Thornblad’s RSUs are already vested but have not been converted into common shares. This filing documents the grant/derivative interest rather than a market buy or sell, so it does not directly signal a buy/sell decision by the insider.