Hecla Mining (NYSE: HL) exec sells 24K shares, adds stock in 401(k)
Rhea-AI Filing Summary
HECLA MINING CO (HL) reported insider transactions by Patrick Shay Malone, VP - Sustainability. On 2026-08-20, he sold 100 shares of common stock at $20.97 per share and 23,894 shares at $20.76 per share in open-market or private transactions, totaling 23,994 shares sold. On the same date, 2,275 shares were acquired indirectly in his 401(k) under the Hecla Mining Company Capital Accumulation Plan, estimated from 192.951 units. Footnotes state he also holds 71,417 unvested performance-based units and 103,227 unvested restricted stock units, which are equity awards rather than currently outstanding common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 21,719 shares
Net Sell
3 txns
Insider
Malone Patrick Shay
Role
VP - Sustainability
Sold
23,994 shs ($498K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 100 | $20.97 | $2K |
| Sale | Common Stock F2 | 23,894 | $20.76 | $496K |
| Other | Common Stock F3 | 2,275 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 174,644 shares (Direct);
Common Stock — 2,275 shares (Indirect, Held in 401(k) Plan)
Footnotes (3)
- F1. Consists of 23,894 shares held directly, 71,417 unvested performance-based units, and 103,227 unvested restricted stock units.
- F2. Consists of 71,417 unvested performance-based units and 103,227 unvested restricted stock units.
- F3. Held as 192.951 units in Mr. Malone's 401(k) account under the Hecla Mining Company Capital Accumulation Plan and estimated to be 2,275 shares.
Key Figures
Shares sold at $20.97: 100 shares at $20.9700 per share
Shares sold at $20.76: 23,894 shares at $20.7600 per share
Total shares sold: 23,994 shares
+4 more
7 metrics
Shares sold at $20.97
100 shares at $20.9700 per share
Sale of common stock on 2026-08-20
Shares sold at $20.76
23,894 shares at $20.7600 per share
Sale of common stock on 2026-08-20
Total shares sold
23,994 shares
Combined open-market or private sales on 2026-08-20
Shares acquired in 401(k)
2,275 shares
Indirectly held in 401(k) under Capital Accumulation Plan
401(k) units
192.951 units
Units in Malone's 401(k) estimated to equal 2,275 shares
Unvested performance-based units
71,417 units
Unvested performance-based units referenced in footnotes
Unvested restricted stock units
103,227 units
Unvested restricted stock units referenced in footnotes
Key Terms
performance-based units, restricted stock units, 401(k) account, Capital Accumulation Plan
4 terms
performance-based units financial
"Consists of 23,894 shares held directly, 71,417 unvested performance-based units"
restricted stock units financial
"and 103,227 unvested restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
401(k) account financial
"Held as 192.951 units in Mr. Malone's 401(k) account"
Capital Accumulation Plan financial
"under the Hecla Mining Company Capital Accumulation Plan"
FAQ
What insider transactions did HL report for Patrick Shay Malone on August 20, 2026?
On 2026-08-20, Patrick Shay Malone reported two sales totaling 23,994 shares of Hecla Mining common stock and an indirect acquisition of 2,275 shares in his 401(k) under the Hecla Mining Company Capital Accumulation Plan.
What was the 401(k) transaction reported by Patrick Shay Malone in HL stock?
Malone reported an indirect acquisition of 2,275 shares of Hecla Mining common stock held in his 401(k) under the Hecla Mining Company Capital Accumulation Plan, estimated from 192.951 units in his account, with a transaction code J (other acquisition or disposition).
Does Patrick Shay Malone hold unvested equity awards in HL?
Yes. Footnotes state he holds 71,417 unvested performance-based units and 103,227 unvested restricted stock units of Hecla Mining. These are equity awards that may convert into shares upon vesting, rather than currently outstanding common stock.
What is Patrick Shay Malone’s role at Hecla Mining (HL)?
Patrick Shay Malone is reported as an officer of Hecla Mining Company, serving as VP - Sustainability. The Form 4/A reflects his transactions in Hecla Mining common stock and related equity awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.