Daubaras Darcy 4

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.