BUZZ HPC-CFO Calveley Timothy converted options into 375,000 shares (SEC Form 4)
$HIVE
Finance: Consumer Services
Finance
| FORM 4 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
| Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. | |||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
(Country) | 2. Issuer Name and Ticker or Trading Symbol
HIVE Digital Technologies Ltd. [ HIVE ] | 5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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| 2a. Foreign Trading Symbol
[HIVE] | |||||||||||||||||||||||||||
| 3. Date of Earliest Transaction
(Month/Day/Year) 04/23/2026 | 6. Individual or Joint/Group Filing (Check Applicable Line)
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| 4. If Amendment, Date of Original Filed
(Month/Day/Year) |
| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
| Code | V | Amount | (A) or (D) | Price | ||||||
| Common Shares | 04/23/2026 | M | 62,500 | A | (1)(2) | 62,500 | D | |||
| Common Shares | 04/23/2026 | M | 60,000 | A | (1)(3) | 122,500 | D | |||
| Common Shares | 04/23/2026 | M | 120,000 | A | (1)(4) | 242,500 | D | |||
| Common Shares | 07/09/2026 | M | 12,500 | A | (1)(5) | 255,000 | D | |||
| Common Shares | 07/09/2026 | M | 120,000 | A | (1)(6) | 375,000 | D | |||
| Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Restricted Share Units | (1) | 04/23/2026 | M | 62,500 | (2) | (2) | Common Stock | 62,500 | $0 | 477,500(7) | D | ||||
| Restricted Share Units | (1) | 04/23/2026 | M | 60,000 | (3) | (3) | Common Stock | 60,000 | $0 | 417,500(7) | D | ||||
| Restricted Share Units | (1) | 04/23/2026 | M | 120,000 | (4) | (4) | Common Stock | 120,000 | $0 | 297,500(7) | D | ||||
| Restricted Share Units | (1) | 07/09/2026 | M | 12,500 | (5) | (5) | Common Stock | 12,500 | $0 | 385,000(8) | D | ||||
| Restricted Share Units | (1) | 07/09/2026 | M | 120,000 | (6) | (6) | Common Stock | 120,000 | $0 | 265,000(8) | D | ||||
| Explanation of Responses: |
| 1. 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. |
| 2. 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. |
| 3. 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. |
| 4. 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 |
| 5. 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. |
| 6. 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. |
| 7. 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. |
| 8. 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. |
| /s/ Timothy Calveley | 07/10/2026 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||
| * Form 4: SEC 1474 (03-26) | ||