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Hecla Mining (HL) CEO Krcmarov reports major stock awards and tax withholding

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

Rhea-AI Filing Summary

Hecla Mining’s President & CEO Robert Krcmarov reported equity compensation and related tax withholding. He received 66,708 restricted stock units of common stock on June 22, 2026 at $15.98 per share, while 79,437 shares were withheld by Hecla to cover tax liabilities on previously vested units.

He also acquired 81,977 performance rights granted on February 22, 2026, tied to Total Shareholder Return through December 31, 2028. Following these transactions, he is shown with 786,708 common shares (including direct holdings, 401(k) shares, performance-based units, and unvested restricted stock units).

Positive

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Insider Krcmarov Robert
Role President & CEO
Type Security Shares Price Value
Tax Withholding Common Stock 79,437 $15.98 $1.27M
Grant/Award Common Stock 66,708 $15.98 $1.07M
Other Common Stock 2,528 $0.00 --
Grant/Award Performance rights 81,977 $0.00 --
Holdings After Transaction: Common Stock — 786,708 shares (Direct, null); Common Stock — 2,528 shares (Indirect, Held in 401(k)); Performance rights — 786,708 shares (Direct, null)
Footnotes (1)
  1. Mr. Krcmarov was awarded (i) 126,926 restricted stock units on January 15, 2025, and (ii) a one-time grant of 166,359 restricted stock units on January 15, 2025. One-third of those restricted stock units vested on June 22, 2026. To cover his tax liability on those vested units, Hecla Mining Company withheld 79,437 shares. Consists of 181,241 shares held directly, 2,528 shares in a 401(k), 299,331 performance-based units, and 303,608 unvested restricted stock units. Award of restricted stock units that vest as follows: 22,236 shares on June 21, 2027, 22,236 shares on June 21, 2028, and 22,236 shares on June 21, 2029. See footnote 2. Held as 211.394 units in Mr. Krcmarov's 401(k) account under the Hecla Mining Company Capital Accumulation Plan and estimated to be 2,528 shares. Mr. Krcmarov was awarded performance rights representing the contingent right to receive between $1,310,000 and $2,620,000 worth of Hecla Mining Company common stock based on Hecla Mining Company's Total Shareholder Return performance over the 3-year period (January 1, 2026 to December 31, 2028) relative to our peers. Examples of the potential grant of shares to Mr. Krcmarov under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of target ($2,620,000 in stock); 50th percentile rank among peers = target award at grant value ($1,310,000 in stock); and 0 percentile rank among peers = threshold award below 25% of target. See footnote 2.
Restricted stock units granted 66,708 shares at $15.98 Common Stock RSU grant on June 22, 2026
Shares withheld for tax 79,437 shares Withheld to cover tax on vested RSUs
Total common shares after 786,708 shares Post-transaction holdings including direct, 401(k), units, RSUs
Performance rights granted 81,977 rights Derivative award on February 22, 2026
Performance rights value range $1,310,000–$2,620,000 Value in stock based on 2026–2028 TSR vs peers
401(k) estimated shares 2,528 shares (211.394 units) Held in Hecla Capital Accumulation Plan
Future RSU vesting tranches 22,236 shares each RSUs vest on June 21, 2027, 2028, and 2029
restricted stock units financial
"Mr. Krcmarov was awarded (i) 126,926 restricted stock units on January 15, 2025..."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
performance rights financial
"Mr. Krcmarov was awarded performance rights representing the contingent right to receive..."
Performance rights are conditional awards that give employees or executives the promise of receiving company shares or cash only if the business meets specific targets or survives for a set period. They work like a bonus you only get when certain goals are hit, so they matter to investors because they can increase the number of shares outstanding (dilution), signal management’s incentives and confidence in future results, and affect per-share earnings and valuation.
Total Shareholder Return financial
"...based on Hecla Mining Company's Total Shareholder Return performance over the 3-year period..."
Total shareholder return is the overall gain an investor gets from owning a stock, combining changes in the share price plus any cash payouts like dividends, and assuming those payouts are reinvested in more shares. Investors use it like a single score that shows the true return on their investment—similar to checking both the growth of a savings account and the interest earned—to compare how well different companies or investments perform over time.
tax liability financial
"To cover his tax liability on those vested units, Hecla Mining Company withheld 79,437 shares."
401(k) financial
"Held as 211.394 units in Mr. Krcmarov's 401(k) account..."
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Krcmarov Robert

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

(Street)
COEUR D ALENE IDAHO 83815

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
HECLA MINING CO/DE/ [ HL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President & CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/22/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/22/2026F79,437(1)D$15.98786,708(2)D
Common Stock06/22/2026A66,708(3)A$15.98786,708(4)D
Common Stock06/22/2026J2,528(5)A$02,528IHeld in 401(k)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Performance rights$002/22/2026A81,977(6)01/01/202901/01/2029Common Stock81,977$0786,708(7)D
Explanation of Responses:
1. Mr. Krcmarov was awarded (i) 126,926 restricted stock units on January 15, 2025, and (ii) a one-time grant of 166,359 restricted stock units on January 15, 2025. One-third of those restricted stock units vested on June 22, 2026. To cover his tax liability on those vested units, Hecla Mining Company withheld 79,437 shares.
2. Consists of 181,241 shares held directly, 2,528 shares in a 401(k), 299,331 performance-based units, and 303,608 unvested restricted stock units.
3. Award of restricted stock units that vest as follows: 22,236 shares on June 21, 2027, 22,236 shares on June 21, 2028, and 22,236 shares on June 21, 2029.
4. See footnote 2.
5. Held as 211.394 units in Mr. Krcmarov's 401(k) account under the Hecla Mining Company Capital Accumulation Plan and estimated to be 2,528 shares.
6. Mr. Krcmarov was awarded performance rights representing the contingent right to receive between $1,310,000 and $2,620,000 worth of Hecla Mining Company common stock based on Hecla Mining Company's Total Shareholder Return performance over the 3-year period (January 1, 2026 to December 31, 2028) relative to our peers. Examples of the potential grant of shares to Mr. Krcmarov under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of target ($2,620,000 in stock); 50th percentile rank among peers = target award at grant value ($1,310,000 in stock); and 0 percentile rank among peers = threshold award below 25% of target.
7. See footnote 2.
Tami D. Whitman, Attorney-in-Fact for Rob Krcmarov06/24/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What equity awards did Hecla Mining (HL) CEO Robert Krcmarov receive?

Robert Krcmarov received 66,708 restricted stock units at $15.98 per share and 81,977 performance rights. These awards form part of his equity compensation and are tied to future service and performance conditions over multi-year periods.

Why were 79,437 Hecla Mining (HL) shares withheld from Robert Krcmarov?

Hecla Mining withheld 79,437 shares to cover Robert Krcmarov’s tax liability on restricted stock units that vested on June 22, 2026. This is a tax-withholding disposition, not an open-market sale, and is a common mechanism for satisfying equity-related tax obligations.

How many Hecla Mining (HL) shares does Robert Krcmarov hold after these transactions?

After the reported transactions, Robert Krcmarov is shown with 786,708 common shares. This includes 181,241 shares held directly, 2,528 shares in a 401(k), 299,331 performance-based units, and 303,608 unvested restricted stock units, reflecting his total visible equity position.

What are the terms of Robert Krcmarov’s performance rights at Hecla Mining (HL)?

Krcmarov’s performance rights represent a contingent right to receive between $1,310,000 and $2,620,000 in Hecla common stock. The final value depends on Hecla’s Total Shareholder Return from January 1, 2026 to December 31, 2028 relative to designated peers.

How do Robert Krcmarov’s restricted stock units at Hecla Mining (HL) vest?

One award of restricted stock units to Robert Krcmarov vests in three equal installments: 22,236 shares on June 21, 2027, 22,236 shares on June 21, 2028, and 22,236 shares on June 21, 2029, aligning equity compensation with multi-year service.

What Hecla Mining (HL) shares are held for Robert Krcmarov in his 401(k)?

Krcmarov’s 401(k) account under the Hecla Mining Company Capital Accumulation Plan holds 211.394 units, estimated to equal 2,528 Hecla common shares. These retirement-plan holdings are reported as indirectly owned through his 401(k) account.