HL Form 4: VP Absolom Sells 14,472 Shares; Holds 73,200 Units

Rhea-AI Filing Summary

Hecla Mining Co. (HL) insider sale: Officer Stuart M. Absolom reported a sale of 14,472 shares of common stock on 09/12/2025 at a reported price of $11.295 per share. Following the sale, the filing shows Absolom beneficially owns 73,200 shares in total. The filing explains that those 73,200 shares consist of 36,524 performance-based units and 36,676 unvested restricted stock units. The Form 4 was executed by an attorney-in-fact and dated 09/15/2025.

Positive

• None.

Negative

• Reported sale of 14,472 shares at $11.295 on 09/12/2025 by an officer could be interpreted as a reduction in insider ownership
• Post-transaction holdings are primarily unvested or performance-based units, which may limit immediate alignment of liquid insider ownership

Insights

Financial Analyst

TL;DR: Officer sold a modest block of shares; remaining holdings are largely unvested or performance-based, so immediate dilution or insider cashing is limited.

The reported sale of 14,472 shares at $11.295 reduces the officer's direct holdings but the disclosure shows the officer still holds 73,200 economic interests composed of performance units and restricted stock units. Because a substantial portion of the reported position is in unvested or performance-based awards, the transaction appears consistent with routine portfolio management or compensation-related activity rather than an outright exit. The filing does not disclose any open-market transaction plan or additional context, so material investor implications are limited based solely on this record.

Corporate Governance Expert

TL;DR: Transaction is a standard Section 16 disclosure of an officer sale; no governance red flags are evident from the form alone.

The Form 4 shows the reporting person is an officer (VP - Principal Accounting Officer) and reports a single security sale with post-transaction holdings comprised of performance units and restricted stock units. The form is signed by an attorney-in-fact, which is common for executive filings. There is no indication of an accelerated vesting, related-party transaction, or amendment that would suggest governance concerns based on the provided content.

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^*

Absolom Stuart Maurice

(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 - Principal Acctg. Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/12/2025

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	09/12/2025		S		14,472	D	$11.295	73,200(1)	D

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 36,524 performance-based units, and 36,676 unvested restricted stock units.

	Tami D. Whitman, Attorney-in-Fact for Stuart M. Absolom	09/15/2025
	** 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 did Hecla Mining (HL) officer Stuart M. Absolom report on Form 4?

The Form 4 reports a sale of 14,472 common shares on 09/12/2025 at $11.295 per share and shows 73,200 shares beneficially owned afterward.

How are the 73,200 shares owned by the reporting person composed?

The filing states the 73,200 consists of 36,524 performance-based units and 36,676 unvested restricted stock units.

When was the Form 4 signed or filed?

The Form 4 shows execution by an attorney-in-fact, dated 09/15/2025.

Does the Form 4 indicate a 10b5-1 trading plan or special instruction?

No. The provided content does not indicate the transaction was made pursuant to a 10b5-1 trading plan or other instruction; no such box or description is checked or provided.

What is the reporting person's role at Hecla Mining?

The filing lists the reporting person as an Officer with title: VP - Principal Accounting Officer.