HUT Director Award: 15,947 RSUs Vesting at 2026 AGM

Rhea-AI Filing Summary

Hut 8 Corp. director Joseph Flinn received an award of 15,947 restricted stock units (RSUs) on 08/06/2025. Each RSU represents a contingent right to one share of common stock, and the award may be settled in common stock, cash, or a combination at the issuer's discretion. The RSUs vest on the date of the issuer's 2026 Annual General Meeting, and the report shows 15,947 RSUs beneficially owned following the transaction on a direct basis. The filing identifies Mr. Flinn as a director and was submitted as an individual reporting person.

Insights

Corporate Governance Expert

TL;DR: Routine director equity award; limited immediate investor impact.

The Form 4 documents a grant of 15,947 RSUs to director Joseph Flinn that vest at the 2026 Annual General Meeting and can be settled in stock or cash. From a governance perspective, equity grants to directors are common practice to align interests with shareholders. The filing shows direct beneficial ownership of the granted RSUs but provides no information on total shares outstanding or other equity holders, so dilution and materiality cannot be assessed from this document alone.

Compensation Analyst

TL;DR: Equity-based compensation granted; materiality depends on company capitalization.

The disclosure specifies 15,947 restricted stock units awarded on 08/06/2025, each representing a contingent right to one share and vesting at the 2026 AGM. Settlement is at the issuer's discretion in stock, cash, or both. This structure is typical for director compensation and aligns pay with shareholder outcomes, but without cap table or outstanding share data the investor impact, dilution effect, and relative value of the award cannot be determined from this filing alone.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Flinn Joseph

(Last) (First) (Middle)

1101 BRICKELL AVENUE, SUITE 1500

(Street)

MIAMI FL 33131

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Hut 8 Corp. [ HUT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/06/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	08/06/2025		A		15,947		(2)	(2)	Common Stock	15,947	$0	15,947	D

Explanation of Responses:

1. Each restricted stock unit ("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.

2. These RSUs vest on the date of the 2026 Annual General Meeting of the Stockholders of the Issuer.

	/s/ Victor Semah, as Attorney-in-Fact	08/08/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Joseph Flinn receive according to the HUT Form 4?

The Form 4 reports an award of 15,947 restricted stock units (RSUs) to Joseph Flinn.

When were the RSUs granted and when do they vest (HUT)?

The transaction date is reported as 08/06/2025, and the RSUs vest on the date of the issuer's 2026 Annual General Meeting.

How will Hut 8 settle the RSUs granted to the director?

Each RSU represents a contingent right to one share and may be settled in common stock, cash, or a combination at the issuer's discretion.

How many RSUs does Joseph Flinn beneficially own after the transaction?

The Form 4 shows 15,947 RSUs beneficially owned following the reported transaction, held on a direct basis.

What is Joseph Flinn's relationship to Hut 8 per the filing?

The filing identifies Joseph Flinn as a Director of Hut 8 Corp.