HIVE Digital Technologies Ltd.·4

Jul 16, 6:34 PM ET

Daubaras Darcy 4

Research Summary

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HIVE Digital (HIVE) CFO Darcy Daubaras Sells 100,000 Shares

What Happened
Darcy Daubaras, Chief Financial Officer of HIVE Digital Technologies Ltd., sold a total of 100,000 HIVE shares in two transactions on July 15, 2026. The filings show 66,300 shares sold at $3.20 each (proceeds $212,160) and 33,700 shares sold at $3.19 each (proceeds $107,503), for combined gross proceeds of approximately $319,663. These were reported as open-market/private sales and are sales (not purchases).

Key Details

  • Transaction dates and prices:
    • 2026-07-15: 66,300 shares @ $3.20 (USD) — $212,160 (F1: sale price = C$4.50 converted at C$1.4049 = US$1.00)
    • 2026-07-15: 33,700 shares @ $3.19 (USD) — $107,503 (F3: sale price = C$4.48 converted at same exchange rate)
  • Total shares sold: 100,000; total proceeds ≈ $319,663.
  • Shares owned after transaction: Not specified in the provided excerpt of the filing.
  • Notable footnotes:
    • F2 indicates the shares were sold to satisfy tax obligations related to the vesting, conversion and settlement of previously granted RSUs (tax withholding sale).
    • F1 and F3 explain the Canadian-dollar sale prices and the Bank of Canada exchange rate used (US$1 = C$1.4049 on July 15, 2026).
  • Filing timeliness: Reported on 2026-07-16 for transactions on 2026-07-15; appears to have been filed the next day (no late-filing flag provided).

Context
Sales to cover tax withholding from RSU vesting are common and are generally considered routine corporate compensation-related transactions rather than explicit bearish bets by insiders. This filing documents disposition of shares (S), not new purchases or option exercises.