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Hecla Mining (NYSE: HL) director reports 14,422-share trust allocation

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Hecla Mining director Jill Satre reported an internal share allocation within a trust under the Hecla Mining Company Stock Plan for Nonemployee Directors. The filing shows 14,422 shares of common stock allocated at an average price of $8.6675 per share, based on Hecla’s 2025 average closing price. Following this plan-related transaction, Satre’s indirect holdings reported in the trust total 42,697 shares of Hecla common stock.

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Insider Satre Jill
Role null
Type Security Shares Price Value
Other Common Stock 14,422 $8.6675 $125K
Holdings After Transaction: Common Stock — 42,697 shares (Indirect, See footnote 1)
Footnotes (1)
  1. Allocation of shares in trust to the account of Jill Satre in the Hecla Mining Company Stock Plan for Nonemployee Directors. This price is the average closing price for Hecla's common stock on the New York Stock Exchange for the prior calendar year (2025).
Shares reallocated in trust 14,422 shares Allocation in Hecla Mining Company Stock Plan for Nonemployee Directors
Implied share value $8.6675 per share Average closing price on NYSE for Hecla common stock in 2025
Indirect holdings after transaction 42,697 shares Total Hecla common stock held indirectly following allocation
Restructuring shares 14,422 shares Classified as restructuring under transaction summary
Form 4 regulatory
"Director Jill Satre reported this trust allocation on a Form 4 insider report"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Hecla Mining Company Stock Plan for Nonemployee Directors financial
"Allocation of shares in trust to the account of Jill Satre in the Hecla Mining Company Stock Plan for Nonemployee Directors"
average closing price financial
"This price is the average closing price for Hecla's common stock on the New York Stock Exchange for the prior calendar year 2025"
The average closing price is the arithmetic mean of a security’s end-of-day prices over a chosen period, found by adding each day’s closing price and dividing by the number of days. It smooths out daily ups and downs to show a typical market value—like averaging daily temperatures to understand a month’s climate—and helps investors spot trends, judge whether a stock is generally rising or falling, and make clearer buy or sell decisions.
trust financial
"Allocation of shares in trust to the account of Jill Satre in the stock plan"
A trust is a legal setup in which one party (the trustee) holds and manages assets—like cash, stocks or property—on behalf of other people (beneficiaries) according to instructions from the person who created it (the grantor). Think of it as a locked box with a keyholder who must follow written rules; for investors it matters because trusts influence who controls and benefits from assets, affect taxes and succession, and can change how quickly or transparently shares are bought, sold or voted.
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SEC Form 4
FORM 4UNITED 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*
Satre Jill

(Last)(First)(Middle)
6500 N. MINERAL DR.
SUITE 200

(Street)
COEUR D'ALENE IDAHO 83815-9408

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/22/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/22/2026J14,422(1)A$8.6675(2)42,697ISee footnote 1
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Allocation of shares in trust to the account of Jill Satre in the Hecla Mining Company Stock Plan for Nonemployee Directors.
2. This price is the average closing price for Hecla's common stock on the New York Stock Exchange for the prior calendar year (2025).
Tami D. Whitman, Attorney-in-Fact for Jill Satre06/23/2026
** Signature of Reporting PersonDate
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)

FAQ

What did Hecla Mining (HL) director Jill Satre report in this Form 4?

Director Jill Satre reported an internal allocation of 14,422 Hecla Mining common shares to her account in a trust under the company’s Stock Plan for Nonemployee Directors, rather than an open-market purchase or sale.

How many Hecla Mining (HL) shares were involved in Jill Satre’s reported transaction?

The Form 4 shows 14,422 shares of Hecla Mining common stock allocated in the transaction. These shares were moved within a trust account tied to the company’s Stock Plan for Nonemployee Directors, not traded on the open market.

At what price were Jill Satre’s Hecla Mining (HL) shares valued in this filing?

The shares were valued at $8.6675 per share, described as the average closing price of Hecla Mining’s common stock on the New York Stock Exchange for the prior calendar year 2025, used for this plan allocation.

What are Jill Satre’s indirect Hecla Mining (HL) holdings after this trust allocation?

After the reported transaction, Satre’s indirect holdings total 42,697 Hecla Mining common shares. These shares are held in a trust account associated with the Hecla Mining Company Stock Plan for Nonemployee Directors, as disclosed in the Form 4.

Was Jill Satre’s Hecla Mining (HL) Form 4 a market buy or sell?

The Form 4 does not show a market buy or sell. It records an “other” type transaction: an allocation of 14,422 shares in a trust under Hecla’s Stock Plan for Nonemployee Directors, categorized as an internal plan-related restructuring.