[144] Hudbay Minerals Inc. SEC Filing

Rhea-AI Filing Summary

Hudbay Minerals (HBM) notice reports a proposed sale of 5,023 common shares on the New York Stock Exchange by a person for whose account the securities were acquired as equity grants from the issuer. The shares were acquired and are scheduled for sale on 09/12/2025 following exercise of options granted on 02/28/2023 and 02/27/2024. The aggregate market value of the shares at reporting is $67,941.63, and the issuer's total shares outstanding are shown as 395,728,635, indicating this sale represents a very small fraction of outstanding stock. The filer certifies they know of no undisclosed material adverse information.

Insights

Securities Analyst

TL;DR: Insignificant insider sale by exercise of equity awards; immaterial to company valuation given size relative to outstanding shares.

The filing discloses a straightforward Rule 144 notice for 5,023 common shares acquired via exercise of issuer-granted options and to be sold on 09/12/2025 through Morgan Stanley at Work. With 395,728,635 shares outstanding and an aggregate market value of $67,941.63, the position is de minimis and unlikely to move market perception or valuation. The transaction is documented as paid in cash and no other sales in the prior three months are reported. From a disclosure and compliance perspective, the notice meets Rule 144 reporting requirements.

Corporate Governance Expert

TL;DR: Routine compliance disclosure of exercised options being sold; no governance red flags present in the notice.

The form indicates shares were acquired from the issuer as equity grants tied to options granted in 2023 and 2024 and will be sold via a broker. The seller affirms absence of undisclosed material adverse information and there are no reported clustered sales in the prior three months. This aligns with ordinary management/employee equity monetization and does not suggest unusual insider activity or governance concerns.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Shares	Morgan Stanley at Work 1500 - 600 3 Ave SW Calgary A0 T2P 0G5	5023	67941.63	395728635	09/12/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Shares	09/12/2025	Exercise of options granted by issuer on 2/28/2023 and 2/27/2024	From Issuer as equity grant			5023	09/12/2025	By cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 for Hudbay Minerals (HBM) disclose?

It discloses a proposed sale of 5,023 common shares acquired via exercise of options and to be sold on 09/12/2025 on the NYSE.

How were the Hudbay shares acquired that are being sold?

The shares were acquired by exercise of options granted by the issuer on 02/28/2023 and 02/27/2024, and received from the issuer as an equity grant.

What is the aggregate market value and outstanding shares reported?

The aggregate market value is reported as $67,941.63 and shares outstanding are listed as 395,728,635.

Through which broker will the sale occur?

The sale is reported to be executed through Morgan Stanley at Work.

Did the filer report any other sales in the past three months?

The form states "Nothing to Report" for securities sold during the past three months.