Lamas Gabriel 4
4 · HIVE Digital Technologies Ltd. · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
HIVE Country Site Pres. Gabriel Lamas Receives 150,000 RSUs
What Happened
Gabriel Lamas, Country Site President (Paraguay) of HIVE Digital Technologies Ltd. (HIVE), was issued 150,000 restricted share units (RSUs) on June 30, 2026. The award is recorded as a derivative acquisition (code M) at $0.00 per share (total reported value $0). This is an equity award (not an open‑market purchase or sale) and does not involve immediate cash payment or an immediate sale of shares.
Key Details
- Transaction date: 2026-06-30; Form 4 filed: 2026-07-02 (timely filing).
- Reported acquisition: 150,000 RSUs at $0.00 (derivative award, code M).
- Vesting for these RSUs: will vest in full on 2027-06-30 (per footnote F2).
- Shares/RSUs held after this award (per filing footnotes): total of 950,000 underlying RSUs reported, comprised of:
- 150,000 RSUs awarded 6/30/2026 (vest 6/30/2027);
- 66,666 RSUs vested in full but not converted to stock;
- 133,334 RSUs vesting in two equal installments on 3/12/2027 and 3/12/2028;
- 200,000 RSUs vesting 7/8/2026;
- 200,000 RSUs vesting 10/31/2026;
- 200,000 RSUs vesting 3/16/2027.
- Footnotes: F1–F3 describe that these are RSUs under the issuer’s RSU Plan and list vesting schedules; no tax‑withholding sale or 10b5‑1 plan is indicated.
- Filing status: appears timely (no late filing flag reported).
Context
This filing documents an RSU award (a derivative grant) rather than a market purchase or sale. RSUs convert into common shares on a one‑for‑one basis upon vesting; unless vested RSUs are converted, they do not represent voting common shares yet. There was no immediate cash exercise or cashless sale reported. This is routine executive compensation disclosure, not a directional buy/sell signal by itself.
Insider Transaction Report
- Exercise/Conversion
Restricted Share Units
[F1][F2][F3]2026-06-30+150,000→ 950,000 total→ Common Stock (150,000 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 150,000 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) 66,666 RSUs are vested in full, but have not been converted into common stock, as permitted under the RSU Plan; (ii) 133,334 vest in two equal installments on each of March 12, 2027 and March 12, 2028; (iii) 200,000 will vest on July 8, 2026; (iii) 200,000 will vest on October 31, 2026 and (iv) 200,000 will vest on March 16, 2027.