STOCK TITAN

Director at Hut 8 Corp. (HUT) exercises RSUs, reports 189,936-share GRAT

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Hut 8 Corp. director Stanley E. Oneal reported equity compensation and estate-planning moves. On June 11, 2026, he exercised 15,478 Restricted Stock Units into the same number of common shares at $0.00 per share, bringing his directly held common stock to 50,654 shares.

He also received a new grant of 4,863 RSUs, which will vest on the date of the 2027 Annual General Meeting and may be settled in stock or cash at the company’s discretion. A separate entry reflects 189,936 common shares held indirectly through a grantor retained annuity trust established on June 5, 2026, for his benefit and that of his two adult children.

Positive

  • None.

Negative

  • None.
Insider ONEAL E STANLEY
Role null
Type Security Shares Price Value
Exercise Restricted Stock Units 15,478 $0.00 --
Grant/Award Restricted Stock Units 4,863 $0.00 --
Exercise Common Stock 15,478 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Common Stock — 50,654 shares (Direct, null); Common Stock — 189,936 shares (Indirect, By GRAT)
Footnotes (1)
  1. Reflects restricted stock units ("RSUs") that upon vesting converted into shares of Issuer common stock on a one-for-one basis. On June 5, 2026, the Reporting Person contributed 189,936 shares of the Issuer's common stock to a grantor retained annuity trust for which the Reporting Person is the trustee and for the benefit of himself and his two adult children. 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 vested on the date of the 2026 Annual General Meeting of the Stockholders of the Issuer. These RSUs vest on the date of the 2027 Annual General Meeting of the Stockholders of the Issuer.
RSUs exercised 15,478 shares RSUs converted into common stock on June 11, 2026
Exercise price $0.00 per share Price for RSU conversion into common stock
Direct common shares after exercise 50,654 shares Direct Hut 8 common stock held following transactions
New RSU grant 4,863 RSUs RSUs vesting on 2027 Annual General Meeting date
Indirect GRAT holdings 189,936 shares Common stock contributed to grantor retained annuity trust on June 5, 2026
Restricted Stock Units financial
"Reflects restricted stock units ("RSUs") that upon vesting converted into shares of Issuer common stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
grantor retained annuity trust financial
"contributed 189,936 shares of the Issuer's common stock to a grantor retained annuity trust"
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
contingent right financial
"Each RSU represents a contingent right to receive one share of Issuer common stock"
Annual General Meeting financial
"These RSUs vest on the date of the 2027 Annual General Meeting of the Stockholders of the Issuer"
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SEC Form 4
FORM 4UNITED 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
Estimated average burden
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*
ONEAL E STANLEY

(Last)(First)(Middle)
1101 BRICKELL AVENUE, SUITE 1500

(Street)
MIAMI FLORIDA 33131

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Hut 8 Corp. [ HUT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/11/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/11/2026M15,478A(1)50,654D
Common Stock189,936IBy GRAT(2)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(3)06/11/2026M15,478 (4) (4)Common Stock15,478(1)0D
Restricted Stock Units(3)06/11/2026A4,863 (5) (5)Common Stock4,863$04,863D
Explanation of Responses:
1. Reflects restricted stock units ("RSUs") that upon vesting converted into shares of Issuer common stock on a one-for-one basis.
2. On June 5, 2026, the Reporting Person contributed 189,936 shares of the Issuer's common stock to a grantor retained annuity trust for which the Reporting Person is the trustee and for the benefit of himself and his two adult children.
3. 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.
4. These RSUs vested on the date of the 2026 Annual General Meeting of the Stockholders of the Issuer.
5. These RSUs vest on the date of the 2027 Annual General Meeting of the Stockholders of the Issuer.
/s/ Victor Semah, as Attorney-in-Fact06/15/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Hut 8 (HUT) director Stanley Oneal report in this Form 4?

Stanley Oneal reported equity compensation and trust-related holdings. He exercised 15,478 RSUs into common stock, accepted a new 4,863-RSU grant, and disclosed 189,936 common shares held indirectly in a grantor retained annuity trust benefiting himself and his two adult children.

How many Hut 8 (HUT) common shares does Stanley Oneal hold directly after these transactions?

Stanley Oneal directly holds 50,654 Hut 8 common shares. This position reflects the conversion of 15,478 Restricted Stock Units into common stock at a price of $0.00 per share, as reported in the Form 4, following the vesting of those RSUs.

What new Restricted Stock Units did Hut 8 (HUT) grant to Stanley Oneal?

Hut 8 granted Stanley Oneal 4,863 new RSUs. Each RSU represents a contingent right to receive one common share, with settlement in stock or cash at the company’s discretion, and these RSUs vest on the date of the 2027 Annual General Meeting.

How many Hut 8 (HUT) shares are held for Stanley Oneal in the grantor retained annuity trust?

The grantor retained annuity trust holds 189,936 Hut 8 common shares. Oneal contributed these shares on June 5, 2026, to a trust for which he is trustee, established for his benefit and that of his two adult children.

Were there any open-market buys or sells of Hut 8 (HUT) stock in this Form 4?

The Form 4 shows no open-market purchases or sales. Reported activity involves RSU exercises converting into common shares, a new RSU grant, and disclosure of indirect holdings in a grantor retained annuity trust, rather than market buy or sell transactions.