Daubaras Darcy 4

4 · HIVE Digital Technologies Ltd. · Filed Jul 10, 2026

AI-generated summary of this filing

Updated Jul 11, 2026

HIVE CFO Daubaras Darcy Receives 150,000 Shares

What Happened

Daubaras Darcy, Chief Financial Officer of HIVE Digital Technologies Ltd. (HIVE), had 150,000 restricted share units (RSUs) settled and converted into 150,000 common shares on July 9, 2026. The transaction is reported as an exercise/conversion (code M) and shows $0.00 consideration — this reflects RSU settlement/conversion, not a cash sale.

Key Details

Transaction date: July 9, 2026; Form 4 filed July 10, 2026 (timely).
Reported activity: 150,000 RSUs settled/converted into 150,000 common shares; reported price/consideration $0.00 (no cash exchanged).
Footnotes:
- F1: RSUs convert one-for-one into common shares upon vesting/settlement.
- F2: These 150,000 RSUs were awarded Jan 11, 2023, fully vested Dec 11, 2023, and were settled on July 9, 2026.
- F3: The filing also reports other RSU holdings and schedules (see Context below).
No open‑market sale or purchase is reported in this filing — the entry showing disposition at $0.00 reflects derivative settlement, not a transfer to the market.
Filing timeliness: filed one day after the transaction date (within normal Form 4 timing).

Context

This was an RSU settlement (conversion of a derivative award into stock), not a market purchase or sale; such conversions commonly occur when previously granted RSUs are settled into shares.
The filing lists additional RSU holdings/vesting schedule: 778,125 RSUs are vested but not yet converted; 37,500 vest in two installments (18,750 on Aug 5, 2026 and 18,750 on Nov 5, 2026); 200,000 vest Oct 31, 2026; 300,000 vest Mar 16, 2027; and 400,000 vest Jun 30, 2027.

Form 4

Period: 2026-07-09

Chief Financial Officer

Transactions

Exercise/Conversion
Common Shares
[F1][F2]
2026-07-09+150,000→ 158,900 total
Exercise/Conversion
Restricted Share Units
[F1][F2][F3]
2026-07-09−150,000→ 1,715,625 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 January 11, 2023 and were fully vested on December 11, 2023. 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) 778,125 RSUs are vested in full, but have not been converted into common stock, as permitted under the RSU Plan; (ii) 37,500 vest in two equal installments of 18,750 on each of August 5, 2026 and November 5, 2026; (iii) 200,000 will vest on October 31, 2026, (iii) 300,000 will vest on March 16, 2027 and (iv) 400,000 will vest on June 30, 2027.

Signature

/s/ Darcy Daubaras|2026-07-10

1 file