Hecla CFO gets stock awards, shares withheld for tax

Rhea-AI Filing Summary

Hecla Mining Sr. VP & CFO Russell Douglas Lawlar reported equity compensation and related share movements. He received a grant of 24,640 restricted stock units at $15.98 per share and a separate award of performance rights tied to 24,640 underlying common shares.

To cover tax liability on previously vested restricted stock units, the company withheld 79,437 shares of common stock. After these transactions, Lawlar directly owns 302,808 common shares, plus an indirect interest in about 1,130 shares held through his 401(k) plan.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Lawlar Russell Douglas

Role Sr. VP & CFO

Type	Security	Shares	Price	Value
Grant/Award	Performance rights	24,640	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	79,437	$15.98	$1.27M
Grant/Award	Common Stock	24,640	$15.98	$394K
Other	Common Stock	1,130	$0.00	$0.00

Holdings After Transaction: Performance rights — 302,808 contracts (Direct); Common Stock — 302,808 shares (Direct); Common Stock — 1,130 shares (Indirect, Held in 401(k) Plan)

Footnotes (7)

1. F1. Mr. Lawlar was awarded 44,401 restricted stock units on June 21, 2023; 71,180 restricted stock units on June 21, 2024; and 65,399 shares on June 23, 2025. One-third of those restricted stock units vested on June 22, 2026. to cover his ta liability on those vested units, Hecla Mining Company withheld 79,437 shares.
2. F2. Consists of 49,624 shares held directly, 161,219 performance-based units, and 91,965 unvested restricted stock units.
3. F3. Award of restricted stock units that vest as follows: 8,214 on June 21, 2027; 8,213 shares on June 21, 2028, and 8,213 shares on Juned 21, 2029.
4. F4. See footnote 2.
5. F5. Held as 94.472 units in Mr. Lawlar's 401(k) account under the Hecla Mining Company Capital Accumulation Plan and estimated to be 1,130 shares.
6. F6. Mr. Lawlar was awarded performance rights representing the contingent right to receive between $393,750 and $787,500 worth in Hecla Mining Company common stock based on Hecla Mining Company's Total Shareholder Return performance over the 3-year period (January 1, 2026 to December 31, 2028) relative to our peers. Examples of the potential grant of shares to Mr. Lawlar under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of target ($787,500 in stock); 50th percentile rank among peers = target award at grant value ($393,750 in stock), and 0 percentile rank among peers = threshold award below 25% of target.
7. F7. See footnote 2.

Key Figures

RSU grant size: 24,640 shares at $15.98 Tax-withheld shares: 79,437 shares Direct common shares after transactions: 302,808 shares +5 more

8 metrics

RSU grant size 24,640 shares at $15.98 Restricted stock units granted to CFO on June 22, 2026

Tax-withheld shares 79,437 shares Shares withheld to cover tax on vested RSUs

Direct common shares after transactions 302,808 shares CFO’s direct common stock holdings following reported transactions

Indirect 401(k) holdings 1,130 shares Estimated common shares via 94.472 units in 401(k) plan

Performance rights underlying shares 24,640 shares Underlying common stock tied to newly awarded performance rights

Performance rights value range $393,750–$787,500 Contingent stock value based on Total Shareholder Return over 2026–2028

RSU vesting 2027 8,214 units Portion of new RSU award vesting on June 21, 2027

RSU vesting 2028–2029 8,213 units each year RSU tranches vesting on June 21, 2028 and June 21, 2029

Key Terms

restricted stock units, performance rights, Total Shareholder Return, 401(k) account, +1 more

5 terms

restricted stock units financial

"Mr. Lawlar was awarded 44,401 restricted stock units on June 21, 2023; 71,180 restricted stock units on June 21, 2024;"

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.

performance rights financial

"Mr. Lawlar was awarded performance rights representing the contingent right to receive between $393,750 and $787,500 worth in Hecla Mining Company common stock"

Performance rights are conditional awards that give employees or executives the promise of receiving company shares or cash only if the business meets specific targets or survives for a set period. They work like a bonus you only get when certain goals are hit, so they matter to investors because they can increase the number of shares outstanding (dilution), signal management’s incentives and confidence in future results, and affect per-share earnings and valuation.

Total Shareholder Return financial

"based on Hecla Mining Company's Total Shareholder Return performance over the 3-year period (January 1, 2026 to December 31, 2028)"

Total shareholder return is the overall gain an investor gets from owning a stock, combining changes in the share price plus any cash payouts like dividends, and assuming those payouts are reinvested in more shares. Investors use it like a single score that shows the true return on their investment—similar to checking both the growth of a savings account and the interest earned—to compare how well different companies or investments perform over time.

401(k) account financial

"Held as 94.472 units in Mr. Lawlar's 401(k) account under the Hecla Mining Company Capital Accumulation Plan"

Capital Accumulation Plan financial

"Mr. Lawlar's 401(k) account under the Hecla Mining Company Capital Accumulation Plan and estimated to be 1,130 shares."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What equity awards did Hecla Mining (HL) CFO Russell Lawlar receive?

Russell Lawlar received 24,640 restricted stock units at $15.98 per share and a separate award of performance rights linked to 24,640 underlying common shares. These awards form part of his stock-based compensation package tied to Hecla Mining’s performance.

How many Hecla Mining (HL) shares were withheld for Russell Lawlar’s taxes?

Hecla Mining withheld 79,437 common shares to cover Russell Lawlar’s tax liability on vested restricted stock units. This tax-withholding disposition is not an open-market sale, but a share reduction used to satisfy income tax obligations on his equity compensation.

What are Russell Lawlar’s Hecla Mining (HL) share holdings after these transactions?

After the reported transactions, Russell Lawlar holds 302,808 common shares directly. He also has an indirect interest in approximately 1,130 shares through his 401(k) plan, plus separate positions in performance-based units and unvested restricted stock units noted in the footnotes.

What performance rights did the Hecla Mining (HL) CFO receive?

Russell Lawlar was awarded performance rights representing a contingent right to receive between $393,750 and $787,500 in Hecla Mining common stock. The actual payout depends on Hecla’s Total Shareholder Return versus peers over the period January 1, 2026 to December 31, 2028.

How do Russell Lawlar’s new restricted stock units in HL vest over time?

The new award of restricted stock units vests in three equal installments: 8,214 units on June 21, 2027, 8,213 units on June 21, 2028, and 8,213 units on June 21, 2029. This time-based schedule encourages longer-term alignment with Hecla Mining shareholders.

What does the 401(k) entry mean for Hecla Mining (HL) CFO holdings?

An entry of 1,130 shares reflects 94.472 units in Russell Lawlar’s 401(k) account under Hecla’s Capital Accumulation Plan, estimated as common shares. This represents indirect ownership, separate from the 302,808 shares he holds directly outside the retirement plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/24/2026 - 06:39 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lawlar Russell Douglas

(Last) (First) (Middle)

6500 N. MINERAL DR.

SUITE 200

(Street)

COEUR D'ALENE IDAHO 83815

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
HECLA MINING CO/DE/ [ HL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Sr. VP & CFO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/22/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/22/2026		F		79,437(1)	D	$15.98	302,808(2)	D
Common Stock	06/22/2026		A		24,640(3)	A	$15.98	302,808(4)	D
Common Stock	06/22/2026		J		1,130(5)	A	$0	1,130	I	Held in 401(k) Plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Performance rights	$0	06/22/2026		A		24,640(6)		01/01/2029	01/01/2029	Common Stock	24,640	$0	302,808(7)	D

Explanation of Responses:

1. Mr. Lawlar was awarded 44,401 restricted stock units on June 21, 2023; 71,180 restricted stock units on June 21, 2024; and 65,399 shares on June 23, 2025. One-third of those restricted stock units vested on June 22, 2026. to cover his ta liability on those vested units, Hecla Mining Company withheld 79,437 shares.

2. Consists of 49,624 shares held directly, 161,219 performance-based units, and 91,965 unvested restricted stock units.

3. Award of restricted stock units that vest as follows: 8,214 on June 21, 2027; 8,213 shares on June 21, 2028, and 8,213 shares on Juned 21, 2029.

4. See footnote 2.

5. Held as 94.472 units in Mr. Lawlar's 401(k) account under the Hecla Mining Company Capital Accumulation Plan and estimated to be 1,130 shares.

6. Mr. Lawlar was awarded performance rights representing the contingent right to receive between $393,750 and $787,500 worth in Hecla Mining Company common stock based on Hecla Mining Company's Total Shareholder Return performance over the 3-year period (January 1, 2026 to December 31, 2028) relative to our peers. Examples of the potential grant of shares to Mr. Lawlar under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of target ($787,500 in stock); 50th percentile rank among peers = target award at grant value ($393,750 in stock), and 0 percentile rank among peers = threshold award below 25% of target.

7. See footnote 2.

	Tami D. Whitman, Attorney-in-Fact for Russell D. Lawlar	06/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)