Director Dave Perrill of HIVE Digital Technologies Ltd. filed a Form 4 on November 13, 2026, reporting the settlement of two tranches of restricted share units into 112,500 common shares on November 11, 2026.

Key Highlights

  • Reporting person: Dave Perrill, identified as a Director of HIVE Digital Technologies Ltd. (NASDAQ:HIVE).
  • First tranche: 100,000 RSUs awarded October 31, 2025, vested October 31, 2026, and settled into common shares on November 11, 2026.
  • Second tranche: 12,500 RSUs awarded November 5, 2024, vested November 5, 2026, and settled into common shares on November 11, 2026.
  • Transaction code: Both transactions were coded "M" (conversion or exercise of a derivative security), with a derivative price of $0.
  • Resulting ownership: Following both settlements, Perrill directly holds 112,500 common shares and 200,000 RSUs still outstanding.
  • Remaining RSU vesting schedule: 100,000 RSUs will vest on March 16, 2027, and 100,000 RSUs will vest on June 30, 2027, according to the filing.

HIVE Digital Technologies Director Perrill Converts RSUs to Common Shares

According to the Form 4 filed with the SEC, Director Dave Perrill reported two separate RSU settlement transactions on November 11, 2026, both executed under HIVE Digital Technologies' Restricted Share Unit Plan. The filing states that RSUs issued under the plan "convert into shares of the Issuer's common stock on a one-for-one basis" upon vesting and settlement. Both transactions carried a derivative security price of $0.

The first transaction involved 100,000 RSUs that were originally awarded on October 31, 2025. Per the filing, these units vested on October 31, 2026, and were settled and converted into common shares on November 11, 2026. Following this settlement, Perrill's direct beneficial ownership stood at 100,000 common shares, with 212,500 RSUs remaining at that point.

The second transaction involved 12,500 RSUs awarded on November 5, 2024. The filing states these vested on November 5, 2026, and were likewise settled on November 11, 2026. After this second settlement, Perrill's total direct common share holdings reached 112,500, while his remaining RSU position decreased to 200,000 units. The filing identifies those remaining RSUs as comprising 100,000 units vesting on March 16, 2027, and 100,000 units vesting on June 30, 2027. The Form 4 was signed by Dave Perrill and dated November 12, 2026.

What Was Disclosed

Director Dave Perrill reported the settlement of 112,500 RSUs into an equal number of HIVE Digital Technologies common shares on November 11, 2026, resulting in direct ownership of 112,500 common shares and 200,000 RSUs still subject to future vesting.