Hecla Mining (NYSE: HL) VP’s 23,994-share sale not tagged 10b5-1
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 Trade Summary
Net Seller: 23,994 shares
Net Sell
2 txns
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)
Key Figures
Shares sold (lot 1): 100 shares of Common Stock
Shares sold (lot 2): 23,894 shares of Common Stock
Total shares sold: 23,994 shares
+2 more
5 metrics
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
Key Terms
non-derivative, Rule 10b5-1, open market or private transaction
3 terms
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.