Hecla Mining (NYSE: HL) director Catherine Boggs granted shares and defers portion into trust
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Boggs Catherine J reported acquisition or exercise transactions in this Form 4 filing.
Hecla Mining Company director Catherine J. Boggs received additional equity compensation in the form of common stock. She was granted 10,816 shares of common stock at a reference price of $8.6675 per share, increasing her directly held position to 267,322 shares.
Under the Hecla Mining Company Stock Plan for Nonemployee Directors, Ms. Boggs elected to take 75% of this award directly and defer 25%, or 3,606 shares, into a trust. Following this allocation, the trust account associated with her indirect holdings shows 113,055 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Boggs Catherine J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 3,606 | $8.6675 | $31K |
| Grant/Award | Common Stock | 10,816 | $8.6675 | $94K |
Holdings After Transaction:
Common Stock — 113,055 shares (Indirect, See footnote 1);
Common Stock — 267,322 shares (Direct, null)
Footnotes (1)
- Allocation of shares in trust to the account of Catherine J. Boggs in the Hecla Mining Company Stock Plan for Nonemployee Directors. This price is the average closing price for Hecla's common Stock on the New York Stock Exchange for the prior calendar year (2025). Total amount of shares held in trust on behalf of Ms. Boggs in the Hecla Mining Company Stock Plan for Nonemployee Directors. Ms. Boggs elected to receive 75% of her award under the Hecla Mining Company Stock Plan for Nonemployee Directors directly, and 25% (3,606 shares) to the trust. See footnote 2 Consists of 261,252 shares held directly and 6,070 shares deferred into trust under the Hecla Mining Company 2010 Stock Incentive Plan.
Key Figures
Stock award: 10,816 shares
Reference price: $8.6675 per share
Direct holdings after award: 267,322 shares
+3 more
6 metrics
Stock award
10,816 shares
Common Stock grant to Catherine J. Boggs
Reference price
$8.6675 per share
Average NYSE closing price for 2025 used for award
Direct holdings after award
267,322 shares
Common Stock held directly by Catherine J. Boggs
Trust allocation from award
3,606 shares
Portion of award deferred into director stock plan trust
Trust holdings after transaction
113,055 shares
Shares held in trust on behalf of Ms. Boggs
Restructuring shares
3,606 shares
Shares involved in other transaction (trust allocation)
Key Terms
Hecla Mining Company Stock Plan for Nonemployee Directors, average closing price, held in trust, deferred into trust, +1 more
5 terms
Hecla Mining Company Stock Plan for Nonemployee Directors financial
"Allocation of shares in trust to the account of Catherine J. Boggs in the Hecla Mining Company Stock Plan for Nonemployee Directors."
average closing price financial
"This price is the average closing price for Hecla's common Stock on the New York Stock Exchange for the prior calendar year (2025)."
The average closing price is the arithmetic mean of a security’s end-of-day prices over a chosen period, found by adding each day’s closing price and dividing by the number of days. It smooths out daily ups and downs to show a typical market value—like averaging daily temperatures to understand a month’s climate—and helps investors spot trends, judge whether a stock is generally rising or falling, and make clearer buy or sell decisions.
held in trust financial
"Total amount of shares held in trust on behalf of Ms. Boggs in the Hecla Mining Company Stock Plan for Nonemployee Directors."
deferred into trust financial
"Consists of 261,252 shares held directly and 6,070 shares deferred into trust under the Hecla Mining Company 2010 Stock Incentive Plan."
Hecla Mining Company 2010 Stock Incentive Plan financial
"Consists of 261,252 shares held directly and 6,070 shares deferred into trust under the Hecla Mining Company 2010 Stock Incentive Plan."
FAQ
What insider transactions did Catherine J. Boggs report for Hecla Mining (HL)?
Catherine J. Boggs reported a stock award of 10,816 Hecla common shares and a related trust allocation of 3,606 shares. These transactions reflect equity compensation and deferral elections, not open-market buying or selling activity, and adjust her direct and trust holdings accordingly.
What was the reference price for Catherine J. Boggs’ Hecla stock award?
The stock award for Catherine J. Boggs used a reference price of $8.6675 per Hecla share. Footnotes state this reflects the average closing price of Hecla common stock on the New York Stock Exchange for the prior calendar year 2025, as specified under the director stock plan.
How was Catherine J. Boggs’ Hecla director stock award split between direct and trust holdings?
Ms. Boggs elected to receive 75% of her director stock award directly and 25% into a trust. This translated into 3,606 shares being deferred into the Hecla Mining Company Stock Plan for Nonemployee Directors trust, with the balance credited to her direct share holdings.
What is the role of the Hecla Mining Company Stock Plan for Nonemployee Directors in this Form 4?
The Hecla Mining Company Stock Plan for Nonemployee Directors governs the equity awards and trust allocations reported. It allowed Catherine J. Boggs to defer 3,606 shares into a trust, where shares are held on her behalf, while she received the remaining portion of the award directly.
How do the trust holdings reported for Catherine J. Boggs relate to her Hecla equity compensation?
Trust holdings reflect shares allocated under Hecla’s director stock and incentive plans. Footnotes explain that 3,606 shares from this award were added to the trust, contributing to a total of 113,055 trust-held shares on behalf of Catherine J. Boggs after the reported transactions.