Craig Tavares Form 3 Filing for HIVE Digital Technologies Transition to U.S. Reporting Requirements
This Form 3 filing by Craig Tavares, President & COO of HIVE Digital Technologies Ltd., discloses his indirect ownership of 545,000 restricted stock units (RSUs) through his wholly-controlled corporation, 12832577 Canada Inc. The filing is required because HIVE Digital Technologies has determined it no longer qualifies as a foreign private issuer and must transition to U.S. public company reporting requirements effective April 1, 2026. Tavares holds no direct shares of common stock but has multiple RSU grants with various vesting schedules: 300,000 RSUs from November 2024 (100,000 vested, 200,000 vesting in 2026-2027), 25,000 fully vested RSUs from February 2025, and additional RSU grants from April, July, and October 2025, and March 2026 totaling 220,000 units with future vesting dates. The filing includes a Limited Power of Attorney authorizing company representatives to handle future Section 16 filings on Tavares' behalf.