Hecla Mining (NYSE: HL) director reports 14,422-share trust allocation
Filing Impact
Filing Sentiment
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
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)
- 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).
Key Figures
Shares reallocated in trust: 14,422 shares
Implied share value: $8.6675 per share
Indirect holdings after transaction: 42,697 shares
+1 more
4 metrics
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
Key Terms
Form 4, Hecla Mining Company Stock Plan for Nonemployee Directors, average closing price, trust
4 terms
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.
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.
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.