Form 4 for HL HECLA MINING CO/DE/
Accepted 2026-03-04 00:00:00 ET · period of report 2026-03-02 · accession 0001869029-26-000004 · 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 | Allen Kurt | VP - Exploration | F - Tax | $24.63 | -5,541 | 163.3K | -3% | -$136.5K |
| D | 2026-03-04 | 2026-03-02 | HL | Allen Kurt | VP - Exploration | M - OptEx | $0.00 | +21.8K | 168.9K | +15% | $0 |
| D | 2026-03-04 | 2026-03-02 | HL | Allen Kurt | VP - Exploration | M - OptEx | $0.00 | +21.8K | 100.0K | +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 | 5,541 | $24.63 | 163,312 | D | — | — | (F6) Shares withheld for tax liability on 21,782 performance rights that vested. (F7) Consists of 68,460 shares held directly, and 94,852 unvested restricted stock units. |
| 2 | Common | Common Stock | 2026-03-02 | M | A | 21,782 | $0.00 | 168,853 | D | — | — | (F4) See footnotes (1) and (2). Shares received upon settlement of performance rights awarded in June 2023. (F5) Consists of 74,001 shares held directly, and 94,852 unvested restricted stock units. |
| 3 | Derivative | Performance rights | 2026-03-02 | M | A | 21,782 | $0.00 | 100,007 | D | $0.00 · 2025-12-31 to 2025-12-31 | 21,782 Common Stock | (F2) In reporting the number of performance rights at the time of the award, Mr. Allen assumed a target (i.e., $110,000 in stock), with the common stock valued at the closing price on the day of the award ($5.05), and therefore reported an award of 21,782 performance rights. Based on Hecla Mining Company's total shareholder return ranking, Mr. Allen's award value was 100% and he therefore received 21,782 shares in settlement of the award (with the shares valued at the $5.05 closing price on June 21, 2023). (F1) In June 2023, Mr. Allen 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 over the 3-year period (January 1, 2023 to December 31, 2025), 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 award at grant value ($110,000 in stock); and 25th percentile rank among peers = threshold award at 50% of target ($55,000 in stock). (F3) Consists of outstanding performance rights. |