[Form 4] Hut 8 Corp. Insider Trading Activity
Rhea-AI Filing Summary
Hut 8 Corp. director Joseph Flinn reported a mix of option exercises, RSU activity, and related share sales. On June 11–12, 2026, he exercised derivative awards to acquire 38,947 shares of common stock, including stock options and restricted stock units that vested into shares.
Over the same period, Flinn reported open-market sales totaling 38,219 shares of common stock at prices around $115.94–$119.44 per share. A footnote explains these sales were made to cover tax withholding obligations tied to RSU vesting and were carried out under a pre-arranged Rule 10b5-1 trading plan, indicating they were scheduled in advance.
Flinn also received a new grant of 4,595 restricted stock units, each representing one share of common stock, which are scheduled to vest on the date of Hut 8’s 2027 Annual General Meeting. Following these transactions, he continues to hold a meaningful direct equity stake in Hut 8, while his remaining derivative awards were largely exercised in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 914 | $116.80 | $107K |
| Sale | Common Stock | 4,449 | $117.69 | $524K |
| Sale | Common Stock | 2,348 | $118.76 | $279K |
| Sale | Common Stock | 8 | $119.44 | $955.52 |
| Grant/Award | Restricted Stock Units | 4,595 | $0.00 | -- |
| Exercise | Restricted Stock Units | 15,947 | $0.00 | -- |
| Exercise | Stock Options (Right to Buy) | 23,000 | $0.00 | -- |
| Exercise | Common Stock | 15,947 | $0.00 | -- |
| Exercise | Common Stock | 23,000 | $0.00 | -- |
| Sale | Common Stock | 23,000 | $115.94 | $2.67M |
| Sale | Common Stock | 7,500 | $117.04 | $878K |
Footnotes (1)
- Reflects restricted stock units ("RSUs") that upon vesting converted into shares of Issuer common stock on a one-for-one basis. Each stock option was exercisable for a price of 25.00 Canadian dollars. The price reported in Column 4 is a weighted average price. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above. Reflects shares sold to cover tax withholding obligations in connection with the vesting and settlement of RSUs, effected pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on September 9, 2024. Each RSU represents a contingent right to receive one share of Issuer common stock. The RSUs will be settled in either common stock or cash (or a combination thereof) at the discretion of the Issuer. These RSUs vest on the date of the 2027 Annual General Meeting of the Stockholders of the Issuer. These RSUs vested on the date of the 2026 Annual General Meeting of the Stockholders of the Issuer. These stock options were fully vested.
