Calveley Timothy 4
4 · HIVE Digital Technologies Ltd. · Filed Jul 13, 2026
Research Summary
AI-generated summary of this filing
HIVE (HIVE) CFO Timothy Calveley Receives 375,000 Shares (RSU Conversion)
What Happened
Timothy Calveley, reported as BUZZ HPC‑CFO of HIVE Digital Technologies Ltd. (HIVE), had restricted share units (RSUs) vest and be settled into common stock. On April 23, 2026 Calveley converted 242,500 RSUs into 242,500 common shares (62,500 + 60,000 + 120,000). On July 9, 2026 he converted an additional 132,500 RSUs into 132,500 common shares (12,500 + 120,000). These were RSU settlements under the company’s RSU Plan (derivative code M); no cash was paid and the reported per‑share consideration is $0.
Key Details
- Transaction dates: April 23, 2026 (242,500 RSUs → shares) and July 9, 2026 (132,500 RSUs → shares). Total converted = 375,000 shares.
- Reported price/consideration: $0 per share (RSU settlement; one‑for‑one conversion per footnote F1).
- Remaining RSUs after each conversion:
- As of April 23, 2026 (after converting 242,500): 297,500 RSUs remained (per F7: 37,500 + 120,000 + 70,000 + 70,000).
- As of July 9, 2026 (after converting 132,500): 265,000 RSUs remained (per F8: 25,000 + 70,000 + 70,000 + 100,000).
- Notable footnotes: F2–F6 list original award and vesting dates for the converted RSUs; F1 confirms RSUs convert one‑for‑one into common shares.
- Timeliness: Form 4 was filed July 13, 2026. The April 23, 2026 conversions appear to have been reported late; the July 9, 2026 conversions were reported within the typical two‑business‑day window.
Context
- These transactions are RSU settlements (derivative code M), not open‑market buys or sales. No shares were sold for cash in these filings — the RSUs simply converted into common shares. That means there were no proceeds to the insider documented here.
- RSU vesting schedules listed in the filing (see F7 and F8) show remaining future vest dates and amounts; these continuing awards may convert into additional shares on their vesting dates. This activity is a fulfillment of prior compensation awards, not an independent purchase or sale decision.
Insider Transaction Report
Form 4
Calveley Timothy
BUZZ HPC-CFO
Transactions
- Exercise/Conversion
Common Shares
[F1][F2]2026-04-23+62,500→ 62,500 total - Exercise/Conversion
Common Shares
[F1][F3]2026-04-23+60,000→ 122,500 total - Exercise/Conversion
Common Shares
[F1][F4]2026-04-23+120,000→ 242,500 total - Exercise/Conversion
Common Shares
[F1][F5]2026-07-09+12,500→ 255,000 total - Exercise/Conversion
Common Shares
[F1][F6]2026-07-09+120,000→ 375,000 total - Exercise/Conversion
Restricted Share Units
[F1][F2][F7]2026-04-23−62,500→ 477,500 total→ Common Stock (62,500 underlying) - Exercise/Conversion
Restricted Share Units
[F1][F3][F7]2026-04-23−60,000→ 417,500 total→ Common Stock (60,000 underlying) - Exercise/Conversion
Restricted Share Units
[F1][F4][F7]2026-04-23−120,000→ 297,500 total→ Common Stock (120,000 underlying) - Exercise/Conversion
Restricted Share Units
[F1][F5][F8]2026-07-09−12,500→ 385,000 total→ Common Stock (12,500 underlying) - Exercise/Conversion
Restricted Share Units
[F1][F6][F8]2026-07-09−120,000→ 265,000 total→ Common Stock (120,000 underlying)
Footnotes (8)
- [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 62,500 RSUs that were awarded on November 5, 2024 that were fully vested on February 5, 2026. These RSUs were settled and converted into common shares of the Issuer on April 23, 2026 in accordance with the Issuer's RSU Plan.
- [F3]Reflects 60,000 RSUs that were awarded on February 14, 2025 that were fully vested on February 14, 2026. These RSUs were settled and converted into common shares of the Issuer on April 23, 2026, in accordance with the Issuer's RSU Plan.
- [F4]Reflects 120,000 RSUs that were awarded on April 17, 2025 that were fully vested on April 17, 2026. These RSUs were settled and converted into common shares of the Issuer on April 23, 2026, in accordance with the Issuer's RSU Plan
- [F5]Reflects 12,500 RSUs that were awarded on November 5, 2024 that were fully vested on May 5, 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.
- [F6]Reflects 120,000 RSUs that were awarded on July 8, 2025 that were fully 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.
- [F7]Includes RSUs that were previously reported. Excluding the 242,500 RSUs that were converted on April 23, 2026, the reporting person held the following RSUs as of April 23, 2026: (i) 37,500 RSUs that will vest in three equal installments of 12,500 on each of May 5, 2026, August 5, 2026 and November 5, 2026; (ii) 120,000 RSUs that will vest on July 8, 2026; (iii) 70,000 RSUs that will vest on October 31, 2026 and (iv) 70,000 RSUs that will vest on March 16, 2027.
- [F8]Includes RSUs that were previously reported. Excluding the 132,500 RSUs that were converted on July 9, 2026, the reporting person held the following RSUs as of July 9, 2026: (i) 25,000 will vest in two equal installments of 12,500 on each of August 5, 2026 and November 5, 2026; (ii) 70,000 will vest on October 31, 2026, (iii) 70,000 will vest on March 16, 2027; (iv) 100,000 will vest on June 30, 2027.
Signature
/s/ Timothy Calveley|2026-07-10