Hecla Mining executive sells 75,000 shares at $20.3 each

Hecla Mining Company executive Michael L. Clary reported changes in his shareholdings.

Rhea-AI Filing Summary

Hecla Mining Company executive Michael L. Clary reported changes in his shareholdings. On 12/19/2025, he sold 75,000 shares of Hecla Mining common stock at a price of $20.3 per share, leaving him with 356,672 shares held directly. On 12/18/2025, an additional 16,207 shares were acquired in his 401(k) plan, recorded as a transfer transaction and held indirectly. Clary is identified as Senior Vice President and Chief Accounting Officer of Hecla Mining Company, and this filing is made by one reporting person.

Insider Trade Summary

Net Seller: 75,000 shares

Net Sell 2 txns

Insider Clary Michael L.

Role Sr. VP & CAO

Sold 75,000 shs ($1.52M)

Type	Security	Shares	Price	Value
Sale	Common Stock	75,000	$20.30	$1.52M
Other	Common Stock	16,207	$0.00	$0.00

Holdings After Transaction: Common Stock — 356,672 shares (Direct); Common Stock — 16,207 shares (Indirect, 401(k) Plan)

Footnotes (2)

1. F1. Consists of 84,746 shares held directly, 153,861 unvested performance-based shares, and 118,065 unvested restricted stock units.
2. F2. Held as 1,359.929 units in Mr. Clary's 401(k) account under the Hecla Mining Company Capital Accumulation Plan and estimated to be 16,207 shares.

FAQ

What insider transactions did Hecla Mining (HL) report for Michael L. Clary?

Michael L. Clary reported selling 75,000 shares of Hecla Mining common stock on 12/19/2025 and a transfer of 16,207 shares into his 401(k) plan on 12/18/2025.

At what price did Michael L. Clary sell Hecla Mining (HL) shares?

On 12/19/2025, Michael L. Clary sold 75,000 shares of Hecla Mining common stock at $20.3 per share.

How many Hecla Mining (HL) shares does Michael L. Clary own after these transactions?

After the reported transactions, Michael L. Clary beneficially owns 356,672 shares directly and 16,207 shares indirectly through his 401(k) plan.

What is Michael L. Clary’s role at Hecla Mining (HL)?

Michael L. Clary is disclosed as an officer of Hecla Mining Company, serving as Senior Vice President & Chief Accounting Officer.

How are the 16,207 Hecla Mining (HL) shares in the 401(k) plan described?

The filing explains that the 16,207 shares are held as 1,359.929 units in Michael L. Clary’s 401(k) account under the Hecla Mining Company Capital Accumulation Plan, estimated to equal that share amount.

What makes this Hecla Mining (HL) filing a single-person report?

The document indicates the form is filed by one reporting person, meaning only Michael L. Clary’s transactions are reported in this filing.

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Accepted by SEC EDGAR 12/19/2025 - 04:28 PM Learn about SEC filing dates

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^*

Clary Michael L.

(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)
	Sr. VP & CAO

3. Date of Earliest Transaction (Month/Day/Year)
12/19/2025

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	12/19/2025		S		75,000	D	$20.3	356,672(1)	D
Common Stock	12/18/2025		J		16,207(2)	A	$0	16,207	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 84,746 shares held directly, 153,861 unvested performance-based shares, and 118,065 unvested restricted stock units.

2. Held as 1,359.929 units in Mr. Clary's 401(k) account under the Hecla Mining Company Capital Accumulation Plan and estimated to be 16,207 shares.

	Tami D. Whitman, Attorney-in-Fact for Michael L. Clary	12/19/2025
	** 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.