HIVE (HIVE) CEO Kilic Aydin Receives 50,000 Shares via RSU Settlement

What Happened
Kilic Aydin, President & CEO of HIVE Digital Technologies Ltd., had 50,000 restricted share units (RSUs) settle into 50,000 common shares on September 21, 2026. The filing shows the derivative/RSU conversion (transaction code M) and a corresponding disposition entry at $0, which reflects the conversion/settlement rather than a sale—no cash was received by the insider.

Key Details

• Transaction date: September 21, 2026; Form 4 filed September 23, 2026 (timely filing).
• Shares acquired: 50,000 common shares via RSU settlement; no purchase price or sale proceeds.
• Footnote F2: These 50,000 RSUs were awarded Nov 5, 2024 and fully vested Aug 5, 2026; settled on Sep 21, 2026.
• Ownership notes: Some securities are held by Akilic Ventures Ltd. and Unimage Enterprises Ltd., companies wholly owned by Mr. Kilic (F3, F4).
• Remaining RSUs: The filing lists additional outstanding RSUs with future vesting dates — 400,000 (Oct 31, 2026), 50,000 (Nov 5, 2026), 400,000 (Mar 16, 2027), and 500,000 (Jun 30, 2027) (F5).
• Filing timeliness: Reported within two days of the transaction (not marked late).

Context

• This was not an open‑market purchase or sale. It was a settlement of previously awarded RSUs that vested and converted one‑for‑one into shares.
• Such RSU settlements increase the insider's share count but do not represent a market vote (no cash outlay or inflow).