Lamas Gabriel 4

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.