Form 4 for HL HECLA MINING CO/DE/
Accepted 2026-03-04 00:00:00 ET · period of report 2026-03-02 · accession 0001841980-26-000001 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2026-03-04 | 2026-03-02 | HL | Lawlar Russell Douglas | COO, Sr. VP | F - Tax | $24.63 | -14.4K | 196.4K | -7% | -$354.1K |
| D | 2026-03-04 | 2026-03-02 | HL | Lawlar Russell Douglas | COO, Sr. VP | M - OptEx | $0.00 | +29.6K | 210.8K | +16% | $0 |
| D | 2026-03-04 | 2026-03-02 | HL | Lawlar Russell Douglas | COO, Sr. VP | M - OptEx | $0.00 | +29.6K | 136.6K | +28% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2026-03-02 | F | D | 14,377 | $24.63 | 196,446 | D | — | — | (F6) Shares withheld for tax liability on 29,609 performance rights that vested. (F7) Consists of 68,794 shares held directly, and 127,652 unvested restricted stock units. |
| 2 | Common | Common Stock | 2026-03-02 | M | A | 29,609 | $0.00 | 210,823 | D | — | — | (F4) See footnotes (1) and (2). Shares received upon settlement of performance rights awarded in June 2023. (F5) Consists of 83,171 shares held directly, and 127,652 unvested restricted stock units. |
| 3 | Derivative | Performance rights | 2026-03-02 | M | A | 29,609 | $0.00 | 136,579 | D | $0.00 · 2025-12-31 to 2025-12-31 | 29,609 Common Stock | (F1) On June 21, 2023, Mr. Lawlar was awarded performance rights. The performance rights represented a contingent right to receive between $74,763 and $299,050 worth of Hecla Mining Company common stock based on Hecla's Total Shareholder Return performance over the 3-year period (January 1, 2023 to December 31, 2025), based on the following percentile rank within Hecla's peer group companies: (1) 100th percentile rank among peers = maximum award at 200% of target ($299,050 in stock); 40th to 60th percentile rank among peers = target at grant value ($149,525 in stock); and 25th percentile rank among peers = threshold award at 50% of target ($74,763 in stock). (F2) In reporting the number of performance rights at the time of the award, Mr. Lawlar assumed a target (i.e., $149,525 in stock), with the common stock valued at the closing price on the day of the award ($5.05), and therefore reported an award of 29,609 performance rights. Based on Hecla Mining Company's total shareholder return ranking, Mr. Lawlar's award value was 100% and he therefore received 29,609 shares in settlement of the award (with the shares valued at the $5,.05 closing price on June 21, 2023). (F3) Consists of outstanding performance rights. |