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Hut 8 (NASDAQ: HUT) officer to sell 6,445 shares in 2026

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Hut 8 Corp. (HUT) received a Rule 144 notice from an officer, Glennan Sean Joseph, covering a planned sale of up to 6,445 common shares through Fidelity Brokerage Services LLC on NASDAQ, with an approximate sale date of August 24, 2026 and an aggregate market value of $507,633.34.

The shares relate to restricted stock vesting on August 21, 2026, issued as compensation by Hut 8 Corp. The notice states that the sale includes an amount necessary to cover a tax obligation from settlement of the vested equity award. Hut 8 Corp. had 123,259,468 shares outstanding at the time referenced in the notice.

Positive

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Negative

  • None.
Shares to be sold 6,445 shares Number of Hut 8 Corp. common shares covered by the Rule 144 notice
Aggregate market value $507,633.34 Aggregate market value of the 6,445 Hut 8 Corp. shares in the planned sale
Shares outstanding 123,259,468 shares Hut 8 Corp. shares outstanding as referenced in the Rule 144 notice
Approximate sale date 08/24/2026 Approximate date of sale for the Hut 8 Corp. shares under Rule 144
Restricted stock vesting date 08/21/2026 Date of the restricted stock vesting that generated the shares
Shares from restricted stock vesting 6,445 shares Number of shares listed as issued via restricted stock vesting and compensation
Rule 144 regulatory
"See the 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.
Restricted Stock Vesting financial
"Common | 08/21/2026 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
aggregate market value financial
"Common | Fidelity Brokerage Services LLC ... | 6445 | 507633.34"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
attorney-in-fact regulatory
"as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Sean Glennan"
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

What does Hut 8 Corp. (HUT) disclose in this Form 144 filing?

An officer, Glennan Sean Joseph, filed a Rule 144 notice to sell up to 6,445 common shares of Hut 8 Corp. through Fidelity Brokerage Services LLC on NASDAQ, with an approximate sale date of August 24, 2026.

How many Hut 8 Corp. (HUT) shares are covered by this Form 144?

The notice covers up to 6,445 common shares of Hut 8 Corp. These shares are associated with a restricted stock vesting event dated August 21, 2026.

What is the aggregate market value of the Hut 8 Corp. (HUT) shares in this Form 144?

The filing lists an aggregate market value of $507,633.34 for the 6,445 common shares of Hut 8 Corp. that are planned to be sold under Rule 144.

How many Hut 8 Corp. (HUT) shares were outstanding according to the Form 144?

The Form 144 states that Hut 8 Corp. had 123,259,468 shares outstanding, providing context for the sale covered by the notice.

Why does the Form 144 mention taxes for the Hut 8 Corp. (HUT) share sale?

The remarks explain that the sale includes an amount necessary to cover a tax obligation resulting from the settlement of a vested equity award distribution related to restricted stock vesting on August 21, 2026.

Who is the broker for the Hut 8 Corp. (HUT) shares in this Form 144?

The broker is Fidelity Brokerage Services LLC, which is listed as handling the planned sale of 6,445 Hut 8 Corp. common shares on NASDAQ.

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

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature