HUT Form 144: Insider to Sell 8,500 Vested Shares; Prior Sale 11,069 Shares

Rhea-AI Filing Summary

Hut 8 Corp. (HUT) Form 144 notice shows a proposed sale of 8,500 common shares held by the named person, with an aggregate market value of $225,675 based on the filing. The shares were acquired on 08/15/2024 through restricted stock vesting from the issuer and were granted as compensation. The filing lists an approximate sale date of 08/28/2025 on the NASDAQ. The filer also reported a prior sale during the past three months: 11,069 shares sold on 06/23/2025 for gross proceeds of $174,584.70. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information.

Positive

• Securities were acquired via restricted stock vesting, indicating they were granted as compensation rather than purchased in the open market
• Filer provided prior recent sale details (11,069 shares sold for $174,584.70), demonstrating transparency about insider transactions

Negative

• Proposed insider sale of 8,500 shares (aggregate market value $225,675) could represent insider liquidity, though materiality is not assessed in this filing
• Filing contains no operational or financial disclosures that would explain the timing or intent beyond compliance with Rule 144

Insights

Securities Analyst

TL;DR: Insider plans to sell vested compensation shares; filing is routine and provides limited material impact.

The Form 144 discloses a proposed sale of 8,500 common shares acquired via restricted stock vesting and intended to be sold under Rule 144, with an listed market value of $225,675 and an approximate sale date one year after vesting. The filer also reported a prior short-term sale of 11,069 shares generating roughly $174,585. These transactions are disclosed to satisfy Rule 144 requirements and document insider liquidity from compensation. On its face, the filing provides factual details about timing, acquisition method (restricted stock vesting), and recent sale activity, but it does not include operational or financial results that would materially change an investment thesis.

Corporate Governance Expert

TL;DR: Disclosure aligns with compliance expectations; no new governance issues disclosed.

The notice contains the required attestation about absence of undisclosed material adverse information and documents the source of the securities as issuer-granted restricted stock (compensation). The presence of both a planned sale and a recent sale in the three-month window is transparent and consistent with insider liquidity events. The filing does not disclose any changes to board composition, executive departures, or other governance actions. As presented, it is a routine insider transaction disclosure under Rule 144.

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

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

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

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	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	8500	225675.00	105527928	08/28/2025	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	08/15/2024	Restricted Stock Vesting	Issuer			8500	08/15/2024	Compensation

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Joseph Flinn 1101 Brickell Avenue Suite 1500 Miami FL 33131	Common	06/23/2025	11069	174584.70

144: Remarks and Signature

Remarks

Date of Notice

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

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Hut 8 Corp.'s Form 144 disclose about the proposed sale?

The filing discloses a proposed sale of 8,500 common shares with an aggregate market value of $225,675, acquired on 08/15/2024 by restricted stock vesting, with an approximate sale date of 08/28/2025 on the NASDAQ.

How were the 8,500 shares acquired according to the Form 144?

The shares were acquired on 08/15/2024 through restricted stock vesting from the issuer and were granted as compensation.

Did the filer sell any Hut 8 (HUT) shares recently?

Yes. The filing reports a sale on 06/23/2025 of 11,069 shares for gross proceeds of $174,584.70.

What representation does the seller make in the Form 144?

By signing the notice, the person represents that they do not know any material adverse information about the issuer that has not been publicly disclosed.

Where is the proposed sale expected to occur?

The filing lists the NASDAQ as the exchange and names Fidelity Brokerage Services LLC as the broker.