4/AFiled Aug 19, 8:00 PM ET
HIVE Director Dave Perrill Sells 100,000 Shares; Converts 12,500 RSUs
$HIVE · HIVE Digital Technologies Ltd.Research Summary
AI-generated summary of this SEC filing
HIVE Director Dave Perrill Sells 100,000 Shares; Converts 12,500 RSUs
What Happened
- Dave Perrill, a director of HIVE Digital Technologies Ltd. (HIVE), sold 100,000 common shares in an open-market transaction on Aug 19, 2026 for net proceeds of $271,910 (weighted average price reported as $2.7191 per share / $2.72 shown).
- The filing was amended to also report the conversion/settlement of 12,500 restricted share units (RSUs) into common shares on Aug 18, 2026. Those RSUs vested under HIVE’s RSU Plan and were converted on a one-for-one basis; no cash sale was reported for the converted RSUs in the amendment.
Key Details
- Transactions: Sale (S) — 100,000 shares sold on 2026-08-19 at a weighted average price converted to USD $2.7191 (range C$3.73–C$3.86); proceeds reported $271,910. Conversion/Exercise (M) — 12,500 RSUs converted to shares on 2026-08-18.
- Filing: This is an amended Form 4 (filed 2026-08-20) correcting an omission in the original Form 4 (filed 2026-08-19) to include the Aug 18 RSU settlement.
- RSU details: The 12,500 RSUs were awarded Nov 5, 2024, vested Aug 5, 2026, and were settled Aug 18, 2026 (1-for-1 conversion). The filing notes additional RSU vesting schedule: 12,500 on Nov 5, 2026; 100,000 on Oct 31, 2026; 100,000 on Mar 16, 2027; and 100,000 on Jun 30, 2027.
- Shares owned after transaction: The amended filing corrects the ownership count to reflect the 12,500 shares from the RSU conversion; the filing does not state a consolidated total in the summary provided here.
- Price currency/convert: Sale prices were in CAD; the weighted average CAD price of C$3.7765 was converted at USD $0.72/C$1.00 to report USD $2.7191.
Context
- The sale was an open-market disposal (routine insider sale), while the RSU entry is a non-cash settlement of previously granted equity. The amendment simply corrects the original filing to show the RSU conversion and does not add other transactions.