HIVE Digital (HIVE) COO reports indirect RSU awards and vesting dates

Filing Impact

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Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

HIVE Digital Technologies Ltd. executive Craig Tavares, President & COO of BUZZ HPC, filed an initial statement of beneficial ownership reporting indirect holdings of multiple Restricted Stock Unit (RSU) awards linked to HIVE common stock.

The RSUs are held through 12832577 Canada Inc., a corporation wholly controlled by Mr. Tavares. One award for 300,000 underlying shares was issued on November 5, 2024, with 100,000 RSUs vested on November 5, 2025 and the remaining 200,000 scheduled to vest in two installments on November 5, 2026 and November 5, 2027. Additional RSU grants were issued on February 14, 2025, April 17, 2025, July 8, 2025, October 31, 2025 and March 16, 2026, with amounts ranging from 25,000 to 70,000 underlying shares and vesting either fully or in single installments during 2026 and 2027.

Insider Trade Summary

6 transactions reported

Mixed 6 txns

Insider Tavares Craig

Role BUZZ HPC- President & COO

Type	Security	Shares	Price	Value
holding	Restricted Stock Units	--	--	--
holding	Restricted Stock Units	--	--	--
holding	Restricted Stock Units	--	--	--
holding	Restricted Stock Units	--	--	--
holding	Restricted Stock Units	--	--	--
holding	Restricted Stock Units	--	--	--

Holdings After Transaction: Restricted Stock Units — 300,000 shares (Indirect, By 12832577 Canada Inc.)

Footnotes (1)

Each Restricted Stock Unit ("RSU") represents the right to receive, at settlement, one share of common stock. The RSUs were issued on November 5, 2024. 100,000 vested on November 5, 2025 and the remaining 200,000 will vest in two equal installments of 100,000 on November 5, 2026 and November 5, 2027. These securities are held by 12832577 Canada Inc., a corporation that is wholly-controlled by Mr. Tavares. Each RSU represents the right to receive, at settlement, one share of common stock. The RSUs were issued on February 14, 2025 and are fully vested as of the date hereof. Each RSU represents the right to receive, at settlement, one share of common stock. The RSUs were issued on April 17, 2025 and will vest in one installment on April 17, 2026. Each RSU represents the right to receive, at settlement, one share of common stock. The RSUs were issued on July 8, 2025 and will vest in one installment on July 8, 2026. Each RSU represents the right to receive, at settlement, one share of common stock. The RSUs were issued on October 31, 2025 and will vest in one installment on October 31, 2026. Each RSU represents the right to receive, at settlement, one share of common stock. The RSUs were issued on March 16, 2026 and will vest in one installment on March 16, 2027.

Key Figures

RSU grant: 300,000 underlying shares Initial vesting: 100,000 RSUs Future vesting installments: 100,000 RSUs each +3 more

6 metrics

RSU grant 300,000 underlying shares RSUs issued November 5, 2024

Initial vesting 100,000 RSUs Vested November 5, 2025 from 2024 grant

Future vesting installments 100,000 RSUs each Scheduled for November 5, 2026 and November 5, 2027

Fully vested RSUs 25,000 underlying shares Grant issued February 14, 2025, fully vested

Single-installment RSU grant 50,000 underlying shares Vests April 17, 2026

Later RSU vesting 70,000 underlying shares Grant issued March 16, 2026, vests March 16, 2027

Key Terms

Restricted Stock Unit ("RSU"), vest, indirect, common stock

4 terms

Restricted Stock Unit ("RSU") financial

"Each Restricted Stock Unit ("RSU") represents the right to receive, at settlement, one share of common stock."

vest financial

"100,000 vested on November 5, 2025 and the remaining 200,000 will vest in two equal installments"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

indirect financial

"These securities are held by 12832577 Canada Inc., a corporation that is wholly-controlled by Mr. Tavares."

common stock financial

"Each RSU represents the right to receive, at settlement, one share of common stock."

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Understanding Insider Trading Forms →

03/31/2026 - 09:37 PM

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
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1. Name and Address of Reporting Person^*

Tavares Craig

(Last)

(First)

(Middle)

7900 CALLAGHAN ROAD, SUITE 128

(Street)

SAN ANTONIO

TEXAS

78229

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/31/2026

3. Issuer Name and Ticker or Trading Symbol
HIVE Digital Technologies Ltd. [ HIVE ]

3a. Foreign Trading Symbol
[HIVE]

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	BUZZ HPC- President & COO

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Restricted Stock Units	⁽¹⁾	⁽¹⁾	Common Stock	300,000	$0	I	By 12832577 Canada Inc.⁽²⁾
Restricted Stock Units	⁽³⁾	⁽³⁾	Common Stock	25,000	$0	I	By 12832577 Canada Inc.⁽²⁾
Restricted Stock Units	⁽³⁾	⁽⁴⁾	Common Stock	50,000	$0	I	By 12832577 Canada Inc.⁽²⁾
Restricted Stock Units	⁽⁵⁾	⁽⁵⁾	Common Stock	50,000	$0	I	By 12832577 Canada Inc.⁽²⁾
Restricted Stock Units	⁽⁶⁾	⁽⁶⁾	Common Stock	70,000	$0	I	By 12832577 Canada Inc.⁽²⁾
Restricted Stock Units	⁽⁷⁾	⁽⁷⁾	Common Stock	70,000	$0	I	By 12832577 Canada Inc.⁽²⁾

Explanation of Responses:

1. Each Restricted Stock Unit ("RSU") represents the right to receive, at settlement, one share of common stock. The RSUs were issued on November 5, 2024. 100,000 vested on November 5, 2025 and the remaining 200,000 will vest in two equal installments of 100,000 on November 5, 2026 and November 5, 2027.

2. These securities are held by 12832577 Canada Inc., a corporation that is wholly-controlled by Mr. Tavares.

3. Each RSU represents the right to receive, at settlement, one share of common stock. The RSUs were issued on February 14, 2025 and are fully vested as of the date hereof.

4. Each RSU represents the right to receive, at settlement, one share of common stock. The RSUs were issued on April 17, 2025 and will vest in one installment on April 17, 2026.

5. Each RSU represents the right to receive, at settlement, one share of common stock. The RSUs were issued on July 8, 2025 and will vest in one installment on July 8, 2026.

6. Each RSU represents the right to receive, at settlement, one share of common stock. The RSUs were issued on October 31, 2025 and will vest in one installment on October 31, 2026.

7. Each RSU represents the right to receive, at settlement, one share of common stock. The RSUs were issued on March 16, 2026 and will vest in one installment on March 16, 2027.

Remarks:

Mr. Tavares does not own any shares of common stock of the Company. The Board of Directors of HIVE Digital Technologies Ltd. (the "Company")has determined that the Company no longer qualifies as a foreign private issuer. As a result, effective April 1, 2026, the Company is required to comply with the reporting requirements and use the filing forms applicable to U.S. public companies under U.S. securities laws, including reports required under Section 16 of the U.S. Securities Exchange Act of 1934, as amended. The Reporting Person is filing this Form 3 in connection with this transition. Exhibit 24 Power of Attorney

	/s/ Craig Tavares	03/31/2026
	** 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 5 (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 3: SEC 1473 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What does the HIVE Form 3 filing by Craig Tavares disclose?

The Form 3 discloses that BUZZ HPC President & COO Craig Tavares indirectly holds several Restricted Stock Unit awards tied to HIVE common stock. These RSUs are reported as beneficial ownership through 12832577 Canada Inc., detailing grant dates, amounts and vesting schedules through 2027.

How many HIVE RSUs were granted to Craig Tavares on November 5, 2024?

An RSU award covering 300,000 underlying HIVE common shares was granted on November 5, 2024. Of this award, 100,000 RSUs vested on November 5, 2025, with the remaining 200,000 scheduled to vest in two equal 100,000-share installments in 2026 and 2027.

How are Craig Tavares’s HIVE RSUs held according to the Form 3?

The RSUs are held indirectly through 12832577 Canada Inc., described as a corporation wholly controlled by Mr. Tavares. This means the awards are attributed to that entity, while still being reported as Mr. Tavares’s beneficial ownership in HIVE Digital Technologies Ltd.

What is the vesting status of the HIVE RSUs granted on February 14, 2025?

The RSUs issued on February 14, 2025 are fully vested as of the date referenced. Each unit represents the right to receive one share of HIVE common stock at settlement, so these vested RSUs are no longer subject to future service-based vesting conditions.

When will Craig Tavares’s later HIVE RSU awards vest?

Later RSU awards vest in single installments: one grant vests on April 17, 2026, another on July 8, 2026, another on October 31, 2026, and a further grant vests on March 16, 2027. Each award’s vesting date applies to its full underlying share amount.