Hut 8 director exercises RSUs for 14,775 shares

Hut 8 Corp. director Rick Rickertsen reported equity compensation activity involving restricted stock units (RSUs) and common shares.

Rhea-AI Filing Summary

Hut 8 Corp. director Rick Rickertsen reported equity compensation activity involving restricted stock units (RSUs) and common shares. RSUs that had vested converted into 14,775 shares of common stock on a one-for-one basis, leaving him with 14,775 common shares held directly after the transactions.

He also received a new grant of 4,372 RSUs, each representing a contingent right to one share of common stock, which will vest on the date of the 2027 Annual General Meeting of Stockholders. The filing reflects routine compensation-related RSU vesting and grants rather than any open-market buying or selling.

Insider Trade Summary

14,775 shares exercised/converted

Exercise 3 txns

Insider Rickertsen Rick

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	14,775	$0.00	$0.00
Grant/Award	Restricted Stock Units	4,372	$0.00	$0.00
Exercise	Common Stock	14,775	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 4,372 contracts (Direct); Common Stock — 14,775 shares (Direct)

Footnotes (4)

1. F1. Reflects restricted stock units ("RSUs") that upon vesting converted into shares of Issuer common stock on a one-for-one basis.
2. F2. 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.
3. F3. These RSUs vested on the date of the 2026 Annual General Meeting of the Stockholders of the Issuer.
4. F4. These RSUs vest on the date of the 2027 Annual General Meeting of the Stockholders of the Issuer.

Key Figures

Common shares from RSU conversion: 14,775 shares New RSU grant: 4,372 RSUs Total common shares held after transaction: 14,775 shares +1 more

4 metrics

Common shares from RSU conversion 14,775 shares RSUs converted into Hut 8 common stock on a one-for-one basis

New RSU grant 4,372 RSUs Grant of restricted stock units linked to Hut 8 common stock

Total common shares held after transaction 14,775 shares Direct ownership following RSU conversion

Derivative exercises 14,775 RSUs exercised Exercise or conversion of derivative security as reported

Key Terms

Restricted Stock Units, derivative security, contingent right, Annual General Meeting

4 terms

Restricted Stock Units financial

"Reflects restricted stock units ("RSUs") that upon vesting converted into shares"

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.

derivative security financial

"transaction_code_description": "Exercise or conversion of derivative security"

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

contingent right financial

"Each RSU represents a contingent right to receive one share of Issuer common stock."

Annual General Meeting financial

"These RSUs vested on the date of the 2026 Annual General Meeting of the Stockholders"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did Hut 8 (HUT) director Rick Rickertsen report?

Rick Rickertsen reported RSU-related transactions, including vesting and conversion of units into common shares and a new RSU grant. These are compensation-related awards, not open-market stock purchases or sales, and reflect standard director equity compensation at Hut 8 Corp.

How many Hut 8 common shares did Rick Rickertsen acquire in this Form 4?

The filing shows 14,775 restricted stock units vesting and converting into 14,775 shares of Hut 8 common stock. This conversion follows a one-for-one basis, as each RSU represents a contingent right to receive one share of issuer common stock upon vesting.

What new restricted stock units did Rick Rickertsen receive from Hut 8 (HUT)?

Rickertsen received a grant of 4,372 restricted stock units, each linked to one Hut 8 common share. These RSUs are part of his director compensation and will be settled in stock or cash at the issuer’s discretion upon vesting at a future annual meeting.

When did Rick Rickertsen’s Hut 8 RSUs vest and convert into shares?

A block of RSUs vested on the date of Hut 8’s 2026 Annual General Meeting of Stockholders and converted into common shares on a one-for-one basis. This vesting triggered the exercise or conversion transaction reported in the Form 4 filing.

When will Rick Rickertsen’s new Hut 8 RSU grant vest?

The newly granted 4,372 restricted stock units will vest on the date of Hut 8’s 2027 Annual General Meeting of Stockholders. Upon vesting, they are designed to settle into common stock, cash, or a combination, at the issuer’s discretion under the plan terms.

Does Rick Rickertsen’s Hut 8 Form 4 show any stock sales on the market?

No open-market stock sales are reported. The transactions consist of RSU vesting that converted into common shares and a new RSU grant. These awards are routine equity-based compensation rather than discretionary buying or selling of Hut 8 shares in the market.

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

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Accepted by SEC EDGAR 06/15/2026 - 09:27 PM Learn about SEC filing dates

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
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^*

Rickertsen Rick

(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)

X	Director		10% 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)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/11/2026		M		14,775	A	(1)	14,775	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
Restricted Stock Units	(2)	06/11/2026		M			14,775	(3)	(3)	Common Stock	14,775	(1)	0	D
Restricted Stock Units	(2)	06/11/2026		A		4,372		(4)	(4)	Common Stock	4,372	$0	4,372	D

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. 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.

3. These RSUs vested on the date of the 2026 Annual General Meeting of the Stockholders of the Issuer.

4. These RSUs vest on the date of the 2027 Annual General Meeting of the Stockholders of the Issuer.

	/s/ Victor Semah, as Attorney-in-Fact	06/15/2026
	** 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.
* Form 4: SEC 1474 (03-26)