HECLA MINING CO/DE/

HL

Form 4 • Statement of Changes in Beneficial Ownership

SEC Accession Number: 0001989000-26-000001
Filing date: Mar 4, 2026
Earliest execution date: Mar 2, 2026

Summary

Type

Buy

Net shares

+6,520

% of shares

3.25%

Amount (USD)

$160,587

Insider confidence score

87.5 out of 100

Positive

  • Very large buy (≥2.5% of shares)
  • Significant buy amount ($50K+)

Stock transactions

Transaction 1

Security

Common Stock

Action

Exercise

Date

2026-03-02

Code

M

Net shares

+21,318.0

Acquired/Disposed

Acquired

Shares Owned Before

192,607.0

Shares Owned After

213,925.0

Transaction 2

Security

Common Stock

Action

Tax_withhold

Date

2026-03-02

Code

F

Net shares

+6,520.0

Price per Share

$24.63

Amount (USD)

$160,587.60

Acquired/Disposed

Acquired

Shares Owned Before

200,885.0

Shares Owned After

207,405.0

Derivative Transactions

Transaction 1

Security

Performance rights

Action

Exercise

Date

2026-03-02

Code

M

Net shares

+21,318.0

Acquired/Disposed

Acquired

Shares Owned Before

92,219.0

Shares Owned After

113,537.0

Filing's footnotes

1. In August 2023, Mr. Aguiar was awarded performance rights representing the contingent right to receive between $55,000 and $220,000 worth of Hecla Mining Company common stock based on Hecla Mining Company's Total Shareholder Return performance over the 3-year period (January 1, 2023 to December 31, 2025) relative to our peers, based on the following percentile rank within Hecla's peer group companies: 100th percentile rank among peers = maximum award at 200% of target ($220,000 in stock); 40th to 60th percentile rank among peers = target at grant value ($110,000 in stock(); and 25th percentile rank among peers = threshold award at 50% of target ($55,000 in stock).

2. In reporting the number of performance rights at the time of the award, Mr. Aguiar assumed a target (i.e., $110,000 in stock), with the common stock valued at the closing price on the day of the award ($5.16), and therefore reported an award of 21,318 performance rights. Based on Hecla Mining Company's total shareholder return ranking, Mr. Aguiar's award value was 100% and he therefore received 21,318 shares in settlement of the award (with the shares valued at the $5.16 closing price on August 7, 2023).

3. Consists of outstanding performance rights.

4. See footnotes (1) and (2). Shares received upon settlement of performance rights awarded in August 2023.

5. Consists of 105,775 shares held directly, and 108,150 unvested restricted stock units.

6. Shares withheld for tax liability of 21,318 performance rights that vested.

7. Consists of 99,255 shares held directly, and 108,150 unvested restricted stock units.

This page is for informational purposes only. While we strive for accuracy, the summary may contain inaccuracies or omissions. Please refer to the official SEC filing for authoritative information. Open the SEC filing.