MCGEE SUSAN B 4
4 · HIVE Digital Technologies Ltd. · Filed Jul 10, 2026
Research Summary
AI-generated summary of this filing
HIVE Director Susan McGee Receives 100,000 Shares via RSU Vesting
What Happened Susan B. McGee, a director of HIVE Digital Technologies Ltd. (HIVE), had 100,000 restricted share units (RSUs) vest and be converted into 100,000 common shares on July 9, 2026. The filing shows a derivative conversion (transaction code M) — recorded as an acquisition of 100,000 shares and a corresponding derivative disposition at $0.00, reflecting settlement of RSUs into shares rather than a cash purchase or open‑market sale.
Key Details
- Transaction date: July 9, 2026; Filing date: July 10, 2026 (timely filing).
- Transaction type: M = exercise/conversion of derivative (RSU settlement).
- Shares received: 100,000 common shares; Price: $0.00 (RSU settlement — no cash paid).
- Shares owned after transaction: not specified in this Form 4.
- Footnotes: F1–F2 confirm these were RSUs under the company’s RSU Plan; F2 notes the RSUs were awarded July 8, 2025, vested July 8, 2026, and settled/converted on July 9, 2026. F3 lists additional outstanding RSUs with future vesting (25,000 in two installments; 100,000 on Oct 31, 2026; 100,000 on Mar 16, 2027; 100,000 on Jun 30, 2027).
- No 10b5‑1 plan, tax‑withholding sale, or cashless sale is noted in the filing.
Context This was a routine RSU vesting and conversion into common stock, not a purchase or market sale. The $0.00 disposition entry reflects conversion/settlement of the derivative award into shares. Such equity settlements are common as part of director compensation and do not by themselves indicate a buy or sell signal.
Insider Transaction Report
- Exercise/Conversion
Common Shares
[F1][F2]2026-07-09+100,000→ 100,000 total - Exercise/Conversion
Restricted Share Units
[F1][F2][F3]2026-07-09−100,000→ 325,000 total→ Common Stock (100,000 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 converted into shares of the Issuer's common stock on a one-for-one basis.
- [F2]Reflects 100,000 RSUs that were awarded on July 8, 2025 and vested on July 8, 2026. These RSUs were settled and converted into common shares of the Issuer on July 9, 2026, in accordance with the Issuer's RSU Plan.
- [F3]The RSUs reported under Column 9 include RSUs that were previously reported. The underlying shares and vesting schedules are as follows: (i) 25,000 vest in two equal installments of 12,500 on each of August 5, 2026 and November 5, 2026; (ii) 100,000 will vest on October 31, 2026, (iii) 100,000 will vest on March 16, 2027 and (iv) 100,000 will vest on June 30, 2027.