HL Files Form 144 to Sell 2.64M Shares Worth $20.22M on NYSE

Rhea-AI Filing Summary

Hecla Mining Company submitted a Form 144 notifying a proposed sale of 2,643,714 shares of common stock with an aggregate market value of $20,224,412. The sale is scheduled approximately 08/14/2025 on the NYSE. The filing reports 669,983,628 shares outstanding. The securities to be sold were acquired through contributions to the Hecla Mining Company Retirement Plan on 08/17/2020 (798,714 shares), 09/22/2021 (900,000 shares), 05/19/2022 (900,000 shares) and 10/16/2023 (45,000 shares). No securities were reported sold by the person in the past three months.

Positive

• Proposed sale clearly quantifies 2,643,714 common shares to be sold
• Aggregate market value is specified as $20,224,412
• Filing lists the exact acquisition dates and amounts for all lots and states they were contributions to the Hecla Mining Company Retirement Plan
• The filing specifies the approximate sale date (08/14/2025) and the listing exchange (NYSE)

Negative

• None.

Insights

Securities Analyst

TL;DR Proposed sale of 2,643,714 shares valued at $20.22M is modest relative to outstanding shares, so likely limited market impact.

The filing shows a proposed disposition of 2,643,714 common shares with an aggregate market value of $20,224,412 and 669,983,628 shares outstanding. Based on those figures the sale represents roughly ~0.39% of outstanding common shares, indicating the transaction is small in scale versus the company's capitalization. All lots listed were acquired via the company's retirement plan on the dates provided, and the filer reports no sales in the past three months. From a market-impact perspective, this size is unlikely to materially affect liquidity or valuation.

Corporate Governance Expert

TL;DR The form discloses an internal retirement-plan origin for the shares and a planned NYSE sale; procedural disclosure appears complete.

The document identifies each lot by acquisition date and origin—contributions to the Hecla Mining Company Retirement Plan—showing transparent traceability of the securities to be sold. The filing specifies the approximate sale date (08/14/2025) and the exchange (NYSE), and includes the required representation regarding material nonpublic information. No other transactions by the filer in the prior three months are reported. These disclosures align with standard Form 144 requirements for planned sales by related persons.

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 Stock	Royal Bank (RBC) 1025 W. Georgia St. Vancouver A1 V6E 3N9	2643714	20224412.00	669983628	08/14/2025	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 Stock	08/17/2020	Contribution of Shares to Hecla Mining Co. Retirement Plan	Hecla Mining Company			798714	08/17/2020	Contribution of Shares to Retirement Plan
Common Shares	09/22/2021	Contribution of Shares to Hecla Mining Company Retirement Plan	Hecla Mining Company			900000	09/22/2021	Contribution of Shares to Retirement Plan
Common Shares	05/19/2022	Contribution of Shares to Hecla Mining Company Retirement Plan	Hecla Mining Company			900000	05/19/2022	Contribution of Shares to Retirement Plan
Common Stock	10/16/2023	Contribution of Shares to Hecla Mining Company Retirement Plan	Hecla Mining Company			45000	10/16/2023	Contribution of Shares to Retirement Plan

* 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 Hecla Mining (HL) disclose in this Form 144?

Hecla Mining (HL) discloses a proposed sale of 2,643,714 common shares with an aggregate market value of $20,224,412 on the NYSE, approx 08/14/2025.

How many shares outstanding does Hecla report in the filing?

The filing lists 669,983,628 shares outstanding.

How were the securities being sold originally acquired?

All listed lots were acquired as contributions to the Hecla Mining Company Retirement Plan on 08/17/2020, 09/22/2021, 05/19/2022, and 10/16/2023.

Were any securities sold by the filer in the past three months?

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

On which exchange is the proposed sale expected to occur?

The proposed sale is scheduled on the NYSE.