STOCK TITAN

HIVE (HIVE) General Counsel reports options, RSUs and stock holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

HIVE Digital Technologies Ltd. General Counsel Gabriel Ibghy filed an initial ownership report showing existing equity awards and stock holdings. The filing lists options to buy common stock at exercise prices of $13.22, $4.08, and $4.94 per share, plus multiple blocks of restricted stock units, many of which are fully vested. It also notes direct ownership of 3,908 common shares, giving a snapshot of his current equity position with the company.

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Insider Ibghy Gabriel
Role General Counsel
Type Security Shares Price Value
holding Options (right to buy) -- -- --
holding Options (right to buy) -- -- --
holding Options (right to buy) -- -- --
holding Restricted Stock Units -- -- --
holding Restricted Stock Units -- -- --
holding Restricted Stock Units -- -- --
holding Restricted Stock Units -- -- --
holding Restricted Stock Units -- -- --
holding Restricted Stock Units -- -- --
holding Restricted Stock Units -- -- --
holding Restricted Stock Units -- -- --
holding Restricted Stock Units -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Options (right to buy) — 20,000 shares (Direct); Restricted Stock Units — 50,400 shares (Direct); Common Stock — 3,908 shares (Direct)
Footnotes (1)
  1. These options were granted on April 29, 2021 and are fully vested as of the date hereof. Represents an exercise price of $18.35 Canadian dollars, converted to U.S. dollars at the daily average exchange rate of $1.00 to CAD$1.3875 reported by the Bank of Canada on March 27, 2026. These options were granted on August 6, 2022 and are fully vested as of the date hereof. Represents an exercise price of $5.66 Canadian dollars, converted to U.S. dollars at the daily average exchange rate of $1.00 to CAD$1.3875 reported by the Bank of Canada on March 27, 2026. These options were granted on July 6, 2023 and are fully vested as of the date hereof. Represents an exercise price of $6.86 Canadian dollars, converted to U.S. dollars at the daily average exchange rate of $1.00 to CAD$1.3875 reported by the Bank of Canada on March 27, 2026. Each Restricted Stock Unit ("RSU") represents the right to receive, at settlement, one share of common stock. The RSUs were issued on August 26, 2022 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 January 5, 2024 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 July 18, 2024 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 November 5, 2024, and 75,000 have vested, with the remaining 45,000 vesting in 3 equal installments on May 5, 2026, August 5, 2026, and November 5, 2026. 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.
Stock options grant 20,000 shares at $13.22 Options (right to buy) expiring April 29, 2031
Stock options grant 50,400 shares at $4.08 Options (right to buy) expiring August 26, 2027
Stock options grant 50,000 shares at $4.94 Options (right to buy) expiring July 6, 2028
RSU award 50,400 RSUs Issued August 26, 2022, fully vested
RSU award 205,652 RSUs Fully vested as of reporting date
RSU vesting schedule 45,000 RSUs Vest in three equal installments in 2026
Common shares held 3,908 shares Directly owned common stock
Restricted Stock Unit ("RSU") financial
"Each Restricted Stock Unit ("RSU") represents the right to receive, at settlement, one share"
exercise price financial
"Represents an exercise price of $18.35 Canadian dollars, converted to U.S. dollars"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
fully vested financial
"These options were granted on April 29, 2021 and are fully vested as of the date hereof"
vesting in 3 equal installments financial
"75,000 have vested, with the remaining 45,000 vesting in 3 equal installments"
exercise date financial
"exercise date: null, expiration date: 2031-04-29T00:00:00.000Z"
SEC Form 3
FORM 3UNITED 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
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Ibghy Gabriel

(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)
03/30/2026
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)
Director10% Owner
XOfficer (give title below)Other (specify below)
General Counsel
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
Common Stock3,908D
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)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Options (right to buy) (1)04/29/2031Common Stock20,000$13.22(2)D
Options (right to buy) (3)08/26/2027Common Stock50,400$4.08(4)D
Options (right to buy) (5)07/06/2028Common Stock50,000$4.94(6)D
Restricted Stock Units (7) (7)Common Stock50,400$0D
Restricted Stock Units (8) (8)Common Stock14,562$0D
Restricted Stock Units (9) (9)Common Stock205,652$0D
Restricted Stock Units (10) (10)Common Stock120,000$0D
Restricted Stock Units (11) (11)Common Stock60,000$0D
Restricted Stock Units (12) (12)Common Stock200,000$0D
Restricted Stock Units (13) (13)Common Stock200,000$0D
Restricted Stock Units (14) (14)Common Stock200,000$0D
Restricted Stock Units (15) (15)Common Stock200,000$0D
Explanation of Responses:
1. These options were granted on April 29, 2021 and are fully vested as of the date hereof.
2. Represents an exercise price of $18.35 Canadian dollars, converted to U.S. dollars at the daily average exchange rate of $1.00 to CAD$1.3875 reported by the Bank of Canada on March 27, 2026.
3. These options were granted on August 6, 2022 and are fully vested as of the date hereof.
4. Represents an exercise price of $5.66 Canadian dollars, converted to U.S. dollars at the daily average exchange rate of $1.00 to CAD$1.3875 reported by the Bank of Canada on March 27, 2026.
5. These options were granted on July 6, 2023 and are fully vested as of the date hereof.
6. Represents an exercise price of $6.86 Canadian dollars, converted to U.S. dollars at the daily average exchange rate of $1.00 to CAD$1.3875 reported by the Bank of Canada on March 27, 2026.
7. Each Restricted Stock Unit ("RSU") represents the right to receive, at settlement, one share of common stock. The RSUs were issued on August 26, 2022 and are fully vested as of the date hereof.
8. Each RSU represents the right to receive, at settlement, one share of common stock. The RSUs were issued on January 5, 2024 and are fully vested as of the date hereof.
9. Each RSU represents the right to receive, at settlement, one share of common stock. The RSUs were issued on July 18, 2024 and are fully vested as of the date hereof.
10. Each RSU represents the right to receive, at settlement, one share of common stock. The RSUs were issued on November 5, 2024, and 75,000 have vested, with the remaining 45,000 vesting in 3 equal installments on May 5, 2026, August 5, 2026, and November 5, 2026.
11. 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.
12. 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.
13. 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.
14. 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.
15. 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:
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/ Gabriel Ibghy03/30/2026
** Signature of Reporting PersonDate
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)

FAQ

What does the HIVE Form 3 filing by Gabriel Ibghy show?

The Form 3 shows that HIVE’s General Counsel, Gabriel Ibghy, already holds options, restricted stock units, and 3,908 common shares. It is an initial ownership report, listing his existing equity position rather than recording any new buy or sell transactions.

How many stock options does HIVE’s General Counsel report on Form 3?

The filing lists options over 20,000 shares at a $13.22 exercise price, 50,400 shares at $4.08, and 50,000 shares at $4.94. Footnotes state these option grants from 2021, 2022, and 2023 are fully vested as of the reporting date.

What restricted stock units (RSUs) are disclosed for HIVE’s General Counsel?

The Form 3 reports multiple RSU awards, including blocks of 50,400, 14,562, 205,652, 120,000, 60,000 and several 200,000-share grants. Footnotes explain each RSU converts into one common share at settlement, with some grants fully vested and others vesting through 2027.

Are the HIVE options and RSUs held by Gabriel Ibghy vested?

Footnotes state the 2021, 2022, and 2023 option grants are fully vested. Several RSU grants from 2022, 2024, and early 2025 are also fully vested, while later RSU awards vest on specific dates in 2026 and 2027 as described in the filing.

Does the HIVE Form 3 show any insider buying or selling activity?

No buy or sell transactions are indicated. The entries are classified as holdings with unknown transaction codes, and the transaction summary shows zero buys, zero sells, and 13 holding entries, meaning the document simply reports existing positions.

How many HIVE common shares does Gabriel Ibghy directly own?

The Form 3 lists direct ownership of 3,908 HIVE common shares. In addition, he holds several option and RSU awards tied to common stock, which may convert into additional shares upon exercise or settlement, subject to their vesting terms.