Calveley Timothy 4
Research Summary
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HIVE Digital (HIVE) CFO Timothy Calveley Receives 100,000 RSUs
What Happened Timothy Calveley, CFO of HIVE Digital Technologies Ltd., was awarded 100,000 restricted share units (RSUs) reported as a derivative acquisition on June 30, 2026. The reported acquisition price was $0.00 (no cash paid). These RSUs will convert one-for-one into common shares upon vesting on June 30, 2027, so no shares were immediately sold or transferred.
Key Details
- Transaction date: June 30, 2026; Form 4 filed July 2, 2026 (appears timely).
- Transaction type/code: M (exercise/conversion of derivative) reported as acquisition of 100,000 RSUs at $0.00.
- Consideration: $0.00 (award/grant, not a purchase).
- Vesting: The 100,000 RSUs were awarded June 30, 2026 and will vest in full on June 30, 2027 (convert to common shares one-for-one).
- Shares owned after transaction: Not specified in the provided filing details.
- Footnotes: F1 explains RSUs convert to common shares on a one-for-one basis upon vesting; F2 confirms the grant date and full vesting date.
Context This filing reflects a compensation award (RSUs), which is different from an open-market buy or sell. RSU grants are common executive compensation and do not indicate an immediate market trade or directional bet; the economic interest materializes if and when the units vest and convert to shares.