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Hecla Mining (HL) VP-Exploration reports common stock sales and 401(k) holdings

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Hecla Mining Company insider activity: Vice President of Exploration Kurt Allen reported multiple transactions in Hecla Mining common stock on 01/06/2026. He sold 9,560 shares at a price of $22.0034 per share and 42,659 shares at $21.8865 per share in open market sales. After these sales, he directly owned 216,641 common shares, which include 121,789 unvested performance-based units and 94,852 unvested restricted stock units. He also held an additional 23,774 shares indirectly through his 401(k) plan, estimated from 2,250.303 units in the company’s capital accumulation plan.

Positive

  • None.

Negative

  • None.
Insider Allen Kurt
Role VP-Exploration
Sold 52,219 shs ($1.14M)
Type Security Shares Price Value
Sale Common Stock 9,560 $22.0034 $210K
Sale Common Stock 42,659 $21.8865 $934K
Other Common Stock 23,774 $0.00 --
Holdings After Transaction: Common Stock — 259,300 shares (Direct); Common Stock — 23,774 shares (Indirect, 401(k) Plan)
Footnotes (1)
  1. Consists of 42,659 shares held directly, 121,789 unvested performance-based units, and 94,852 unvested restricted stock units. Consists of 121,789 unvested performance-based units, and 94,852 unvested restricted stocks. Held as 2,250.303 units in Mr. Allen's 401(k) account under the Hecla Mining Company Capital Accumulation Plan and estimated to be 23,774 shares.
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*
Allen Kurt

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

(Street)
COEUR D'ALENE ID 83815

(City) (State) (Zip)
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)
VP-Exploration
3. Date of Earliest Transaction (Month/Day/Year)
01/06/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 01/06/2026 S 9,560 D $22.0034 259,300(1) D
Common Stock 01/06/2026 S 42,659 D $21.8865 216,641(2) D
Common Stock 01/06/2026 J 23,774(3) A $0 23,774 I 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
Explanation of Responses:
1. Consists of 42,659 shares held directly, 121,789 unvested performance-based units, and 94,852 unvested restricted stock units.
2. Consists of 121,789 unvested performance-based units, and 94,852 unvested restricted stocks.
3. Held as 2,250.303 units in Mr. Allen's 401(k) account under the Hecla Mining Company Capital Accumulation Plan and estimated to be 23,774 shares.
Corie Carns, Attorney-in-Fact for Kurt Allen 01/06/2026
** 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.

FAQ

What insider transaction did Hecla Mining (HL) report for Kurt Allen?

On 01/06/2026, VP-Exploration Kurt Allen reported open market sales of 9,560 Hecla Mining common shares at $22.0034 and 42,659 shares at $21.8865 per share.

How many Hecla Mining (HL) shares does Kurt Allen own after the reported transactions?

Following the reported trades, Kurt Allen directly owned 216,641 common shares, including unvested performance-based and restricted stock units, plus 23,774 shares indirectly via his 401(k) plan.

What is Kurt Allen’s role at Hecla Mining (HL)?

Kurt Allen is reported as an officer of Hecla Mining Company, holding the title of VP-Exploration.

Were any of Kurt Allen’s Hecla Mining (HL) holdings in retirement plans?

Yes. He held an estimated 23,774 Hecla Mining shares indirectly in his 401(k) plan under the Hecla Mining Company Capital Accumulation Plan.

Does this Form 4 show any derivative securities transactions for Hecla Mining (HL)?

No derivative securities acquisitions or dispositions are listed in Table II; the reported activity relates to common stock and equity units described in the footnotes.

What types of equity awards are included in Kurt Allen’s Hecla Mining (HL) holdings?

His reported direct holdings include 121,789 unvested performance-based units and 94,852 unvested restricted stock units tied to Hecla Mining common stock.
Hecla Mining Co

NYSE:HL

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HL Stock Data

12.86B
661.06M
Other Precious Metals & Mining
Mining & Quarrying of Nonmetallic Minerals (no Fuels)
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United States
COEUR D'ALENE