STOCK TITAN

Hecla Mining (NYSE: HL) VP’s 23,994-share sale not tagged 10b5-1

(Moderate)
(Negative)
Form Type
4

Rhea-AI Filing Summary

HECLA MINING CO (HL) reported an insider stock sale by Patrick Shay Malone, Vice President – Sustainability. On 2026-08-20, Malone conducted two open-market or private sales of common stock totaling 23,994 shares, consisting of 100 shares at $20.97 and 23,894 shares at $20.76 per share. The filing does not state Malone’s post-transaction holdings, and the Rule 10b5-1 trading plan checkbox was left unchecked.

Positive

  • None.

Negative

  • None.
Insider Malone Patrick Shay
Role VP - Sustainability
Sold 23,994 shs ($498K)
Type Security Shares Price Value
Sale Common Stock 100 $20.97 $2K
Sale Common Stock 23,894 $20.76 $496K
Holdings After Transaction: Common Stock — 0 shares (Direct)
Shares sold (lot 1) 100 shares of Common Stock Non-derivative sale on 2026-08-20 at $20.97 per share
Shares sold (lot 2) 23,894 shares of Common Stock Non-derivative sale on 2026-08-20 at $20.76 per share
Total shares sold 23,994 shares Aggregate non-derivative sales reported for 2026-08-20
Net buy/sell shares 23,994 shares net sold transactionSummary netBuySellShares for this Form 4
Rule 10b5-1 checkbox false Affirmation of 10b5-1 trading plan status for these transactions
non-derivative financial
"transaction_type: "non-derivative" for the common stock sales"
Rule 10b5-1 regulatory
"aff_10b5_one is the document-level Rule 10b5-1 checkbox"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
open market or private transaction financial
"transaction_code_description: "Sale in open market or private transaction""

FAQ

What insider transaction did HL disclose in this Form 4?

HL disclosed that Patrick Shay Malone, Vice President – Sustainability, reported two sales of common stock on 2026-08-20, totaling 23,994 shares in open-market or private transactions.

How many HL shares did Patrick Shay Malone sell and at what prices?

Patrick Shay Malone sold 23,994 HL shares on 2026-08-20: 100 shares at $20.97 per share and 23,894 shares at $20.76 per share, all reported as common stock, non-derivative transactions.

What is Patrick Shay Malone’s role at HECLA MINING CO (HL)?

Patrick Shay Malone is reported as an officer of HECLA MINING CO with the title Vice President – Sustainability, and he is not listed as a director or ten percent owner in this Form 4.

Were Malone’s HL share sales under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is explicitly unchecked, indicating the reported sales on 2026-08-20 were not affirmed as being made under a Rule 10b5-1 trading plan.

Does the Form 4 state Malone’s HL share ownership after these sales?

No. For both reported transactions, the field for total shares following the transaction is left blank, so Malone’s post-transaction common stock holdings are not provided in this Form 4.

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

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Learn about SEC filing dates
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*
Malone Patrick Shay

(Last)(First)(Middle)
106 GLENDALE DRIVE
SUITE A

(Street)
LEAD SOUTH DAKOTA 57754

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
VP - Sustainability
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/20/2026
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 Stock08/20/2026S100D$20.9723,894D
Common Stock08/20/2026S23,894D$20.760D
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:
Tami D. Whitman, Attorney-in-Fact for Patrick Malone08/21/2026
** 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)