Hut 8 officer Michael Ho proposes sale of 1.5M shares

The notice says Michael Ho acquired the shares in the US Data Mining Group, Inc. merger on November 30, 2023.

Rhea-AI Filing Summary

Hut 8 Corp. (symbol: HUT) is the issuer of record for a Form 144 filing submitted to the SEC. Hut 8 Corp. officer and director Michael Ho filed notice of a proposed sale of 1,500,000 common shares through J.P. Morgan Securities LLC, with an approximate sale date of September 29, 2026. The notice lists an aggregate market value of $139,065,000 for the shares and 123,259,468 shares outstanding.

The proposed sale is subject to a prepaid forward agreement involving Ho, Springtide Creek Ltd., an entity wholly owned and controlled by him, and an affiliate of the broker or dealer.

Key Figures

Proposed sale: 1,500,000 shares Aggregate market value: $139,065,000 Shares outstanding: 123,259,468 shares

3 metrics

Proposed sale 1,500,000 shares Common stock; approximate sale date September 29, 2026

Aggregate market value $139,065,000 Shares covered by the proposed sale

Shares outstanding 123,259,468 shares Hut 8 Corp. common stock

Key Terms

prepaid forward agreement, Rule 144, attorney-in-fact

3 terms

prepaid forward agreement financial

"The shares covered by this filing are subject to a prepaid forward agreement"

Rule 144 regulatory

"definition of "person" in paragraph (a) of Rule 144"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

attorney-in-fact regulatory

"as agent and attorney-in-fact for Michael Ho"

An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many HUT shares did Michael Ho propose to sell?

Michael Ho's notice covers a proposed sale of 1,500,000 common shares, with an approximate sale date of September 29, 2026. The listed aggregate market value is $139,065,000.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/29/2026 - 04:57 PM Accepted by SEC EDGAR 09/29/2026 - 04:56 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001999337
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	HUT 8 Corp.
SEC File Number	001-41864
Address of Issuer	777 Brickell Avenue Suite 200 Miami FLORIDA 33131
Phone	305-224-6427
Name of Person for Whose Account the Securities are To Be Sold	Michael Ho
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer, Director

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	J.P. Morgan Securities LLC 270 Park Avenue, 10th Floor New York NY 10017	1500000	139065000	123259468	09/29/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	09/28/2026	Transfer	Michael Ho, who acquired the shares from the US Data Mining Group, Inc. merger on 11/30/23			1500000	09/28/2026	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks	The shares covered by this filing are subject to a prepaid forward agreement between the seller and, Springtide Creek Ltd, (an entity wholly-owned and controlled by Michael Ho), and an affiliate of the broker or dealer
Date of Notice	09/29/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ J.P. Morgan Securities LLC as agent and attorney-in-fact for Michael Ho
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)