Calveley Timothy 4

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.