[144] Hudbay Minerals Inc. SEC Filing

Rhea-AI Filing Summary

Hudbay Minerals Inc. (HBM) Form 144 reports a proposed sale of 14,044 common shares$192,126.13. The filing states the shares were acquired and will be sold on 09/19/2025 through the exercise of options granted on February 28, 2023, and payment was made in cash. The filing shows 39,5781,752 shares outstanding for the class and discloses no other sales in the past three months. The filer certifies they are not aware of any undisclosed material adverse information.

Insights

Securities Analyst

TL;DR: Rule 144 notice for a modest option exercise and planned sale; appears routine and not materially dilutive.

The filing documents a planned sale of 14,044 common shares valued at $192,126.13, executed via Morgan Stanley at Work on the NYSE and arising from the exercise of options granted in February 2023. Against the reported outstanding share count, the transaction size is small. The filing contains no disclosure of other recent sales and includes the usual representation about material nonpublic information. Based solely on this notice, there is no evidence of a larger insider exit or material change to capitalization.

Corporate Governance Expert

TL;DR: Routine insider compliance filing tied to option exercise; procedural adherence to Rule 144 is evident.

The Form 144 shows procedural compliance: identification of broker, share count to be sold, acquisition date, nature of acquisition (exercise of options), and representation regarding material information. The filing does not indicate aggregated sales in the prior three months. This suggests the filer is following disclosure obligations for insider sales; no governance red flags are evident from the provided content alone.

09/19/2025 - 06:38 PM

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	14044	192126.13	395781752	09/19/2025	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	09/19/2025	Exercise of options granted on February 28, 2023	Issuer			14044	09/19/2025	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 HBM Form 144 report?

The filing reports a proposed sale of 14,044 common shares of Hudbay Minerals valued at $192,126.13, to be sold on 09/19/2025 on the NYSE.

How were the HBM shares acquired that are being sold?

The shares were acquired by exercise of options granted on February 28, 2023, and payment was made in cash on 09/19/2025.

Which broker is handling the proposed HBM sale?

The broker named in the filing is Morgan Stanley at Work with the address listed in Calgary; the sale is to occur on the NYSE.

Does the filing show other recent sales by the filer?

The filing states Nothing to Report under securities sold during the past three months.

Does the filer assert possession of undisclosed material information?

By signing the notice the filer represents they do not know any material adverse information about the issuer that has not been publicly disclosed.