State Street discloses 4.8% stake in Hecla Mining (HL) stock

Rhea-AI Filing Summary

State Street Corporation filed a Schedule 13G reporting beneficial ownership of Hecla Mining common stock. As of 12/31/2025, it beneficially owned 32,276,284 shares, representing 4.8% of the outstanding common stock.

State Street reported 0 shares with sole voting or dispositive power, 30,202,611 shares with shared voting power, and 32,276,284 shares with shared dispositive power. It certified that the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Hecla Mining.

Insights

Institutional ownership analyst

State Street reports a passive 4.8% stake in Hecla Mining, with shared voting and dispositive power.

State Street Corporation discloses beneficial ownership of 32,276,284 Hecla Mining common shares, or 4.8% of the class, as of 12/31/2025. All voting and dispositive authority is reported as shared, with no sole power over any shares.

The filing is on a Schedule 13G, which is used for positions held in a passive, non-control-seeking capacity. State Street expressly certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Hecla Mining.

Item 5 indicates ownership of "5 percent or less of a class," suggesting the stake is below the 5% threshold often associated with more intensive disclosure. Subsidiaries such as SSGA Funds Management, Inc. and various State Street Global Advisors entities are listed as relevant investment adviser affiliates involved in holding these shares.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

HECLA MINING CO

(Name of Issuer)

COMMON STOCK

(Title of Class of Securities)

422704106

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 422704106

1

Names of Reporting Persons

STATE STREET CORPORATION

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

MASSACHUSETTS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 30,202,611.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 32,276,284.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

32,276,284.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4.8 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: HECLA MINING CO
(b)	Address of issuer's principal executive offices: 6500 NORTH MINERAL DRIVE SUITE 200, COEUR D'ALENE, IDAHO, 83815
Item 2.
(a)	Name of person filing: STATE STREET CORPORATION;
(b)	Address or principal business office or, if none, residence: ONE CONGRESS STREET, SUITE 1, BOSTON MA 02114, UNITED STATES
(c)	Citizenship: MA
(d)	Title of class of securities: COMMON STOCK
(e)	CUSIP No.: 422704106
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 32276284.00
(b)	Percent of class: 4.8 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 30,202,611
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 32,276,284
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. NOT APPLICABLE
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. SSGA FUNDS MANAGEMENT, INC. (IA);STATE STREET GLOBAL ADVISORS EUROPE LIMITED (IA);STATE STREET GLOBAL ADVISORS LIMITED (IA);STATE STREET GLOBAL ADVISORS TRUST COMPANY (IA);STATE STREET GLOBAL ADVISORS, LTD. (IA);
Item 8.	Identification and Classification of Members of the Group.
	If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(K), so indicate under Item 3(k) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group. NOT APPLICABLE
Item 9.	Notice of Dissolution of Group.
	Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5. NOT APPLICABLE

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

STATE STREET CORPORATION

Signature:	ELIZABETH SCHAEFER
Name/Title:	SENIOR VICE PRESIDENT, CHIEF ACCOUNTING OFFICER
Date:	02/09/2026

FAQ

How much of Hecla Mining (HL) stock does State Street own according to this Schedule 13G?

State Street Corporation reports beneficial ownership of 32,276,284 Hecla Mining common shares, representing 4.8% of the class as of December 31, 2025. All voting and dispositive authority over these shares is reported as shared rather than sole.

Is State Street’s stake in Hecla Mining (HL) considered passive or activist?

State Street characterizes its Hecla Mining holdings as passive. It certifies the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the company, consistent with a Schedule 13G filing.

What voting power does State Street have over its Hecla Mining (HL) shares?

State Street reports no sole voting power and shared voting power over 30,202,611 shares of Hecla Mining. It also reports no sole dispositive power and shared dispositive power over 32,276,284 shares, reflecting its role as an institutional holder.

Why does State Street’s Schedule 13G for Hecla Mining (HL) mention 5 percent or less ownership?

Item 5 states ownership of 5 percent or less of the class, aligning with the reported 4.8% stake. This indicates State Street’s beneficial ownership is below the 5% threshold that often triggers more extensive reporting under other ownership disclosure rules.

Which State Street affiliates are involved in holding Hecla Mining (HL) shares?

The filing identifies several State Street investment adviser affiliates, including SSGA Funds Management, Inc., State Street Global Advisors Europe Limited, State Street Global Advisors Limited, State Street Global Advisors Trust Company, and State Street Global Advisors, Ltd. as relevant subsidiaries.

Who signed State Street’s Schedule 13G related to Hecla Mining (HL) and when?

The Schedule 13G is signed by Elizabeth Schaefer, identified as Senior Vice President, Chief Accounting Officer. The signature is dated February 9, 2026, certifying that the information provided about State Street’s Hecla Mining holdings is true, complete, and correct.