HUT Form 4: Director Disposes 10,000 Shares, Holdings Now 9,791

Rhea-AI Filing Summary

Joseph Flinn, a director of Hut 8 Corp. (HUT), reported two open-market sales of common stock on August 27 and August 28, 2025. The Form 4 discloses a sale of 1,500 shares on 08/27/2025 at a price reported as $26.6261 (converted from C$ using the Bank of Canada rate of C$1.3821 = US$1.00) and a sale of 8,500 shares on 08/28/2025 at $26.55.

Following the transactions, the filing reports beneficial ownership of 9,791 shares held directly by Mr. Flinn. The Form 4 is signed by an attorney-in-fact, Victor Semah, on 08/29/2025.

Positive

• Timely public disclosure of insider transactions via Form 4
• Reporting person identified as a director, with direct ownership figures provided

Negative

• Director disposed of 10,000 shares (1,500 on 08/27/2025 and 8,500 on 08/28/2025), reducing direct holdings to 9,791 shares
• Sales occurred at market prices ($26.6261 and $26.55), indicating a reduction in insider ownership over two consecutive days

Insights

Financial Analyst

TL;DR: Director sold 10,000 HUT shares over two days; remaining direct holdings reported as 9,791 shares.

The disclosed transactions are two non-derivative dispositions totaling 10,000 common shares executed on 08/27/2025 and 08/28/2025 at reported prices of $26.6261 and $26.55 respectively. The filing includes an explicit currency-conversion note for the first price. For investors, these are routine insider sales that reduce the director's direct stake to 9,791 shares. The Form 4 appears properly executed and dated by an attorney-in-fact.

Corporate Governance Expert

TL;DR: Timely disclosure of director stock sales; filing signed by attorney-in-fact, showing procedural compliance.

The report identifies Joseph Flinn as a director and discloses two separate sale transactions with post-transaction direct ownership figures. The form includes the reporting checkbox selections and an explanatory conversion rate for a Canadian-dollar denominated price. Signature by an attorney-in-fact on 08/29/2025 indicates the filing was executed on the reporting timeline. No other governance actions or related-party transactions are disclosed.

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

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

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)
08/27/2025

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
Common Stock	08/27/2025		S		1,500	D	$26.6261(1)	18,291	D
Common Stock	08/28/2025		S		8,500	D	$26.55	9,791	D

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

Explanation of Responses:

1. The price was converted using the Bank of Canada exchange rate for August 27, 2025 of C$1.3821 = US$1.00

	/s/ Victor Semah, as Attorney-in-Fact	08/29/2025
	** 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 transactions did Joseph Flinn report on the HUT Form 4?

He reported two sales: 1,500 shares on 08/27/2025 at $26.6261 (price converted from C$) and 8,500 shares on 08/28/2025 at $26.55.

How many HUT shares does Joseph Flinn beneficially own after these transactions?

9,791 shares directly beneficially owned, as reported on the Form 4 following the 08/28/2025 sale.

Who signed the Form 4 for Joseph Flinn and when?

Signed by Victor Semah, as Attorney-in-Fact, on 08/29/2025 according to the filing.

Was there any currency conversion noted for the reported trades?

Yes: the filing states the 08/27/2025 price was converted using the Bank of Canada rate for August 27, 2025 of C$1.3821 = US$1.00.

What role does Joseph Flinn hold at Hut 8 according to the filing?

Director is checked as the reporting persons relationship to the issuer.