Hut 8 (HUT) director converts 16,416 RSUs to stock and receives 4,773 new units

Rhea-AI Filing Summary

Hut 8 Corp. director Shattuck Mayo A III exercised restricted stock units and received a new equity grant. On the date of the 2026 Annual General Meeting, 16,416 restricted stock units vested and converted into the same number of common shares on a one-for-one basis.

Following this conversion, he directly held 109,408 shares of common stock. He was also granted 4,773 additional restricted stock units, each representing a contingent right to one common share, which vest on the date of the 2027 Annual General Meeting and may be settled in stock or cash at the company’s discretion.

Insider Trade Summary

16,416 shares exercised/converted

Mixed 3 txns

Insider SHATTUCK MAYO A III

Role null

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	16,416	$0.00	--
Grant/Award	Restricted Stock Units	4,773	$0.00	--
Exercise	Common Stock, par value $0.01 per share	16,416	$0.00	--

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Common Stock, par value $0.01 per share — 109,408 shares (Direct, null)

Footnotes (1)

1. Reflects restricted stock units ("RSUs") that upon vesting converted into shares of Issuer common stock on a one-for-one basis. 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.

Key Figures

RSUs converted: 16,416 units Common shares after transaction: 109,408 shares New RSU grant: 4,773 units +1 more

4 metrics

RSUs converted 16,416 units RSUs vested and converted into common stock at 2026 Annual General Meeting

Common shares after transaction 109,408 shares Direct holdings following RSU conversion

New RSU grant 4,773 units RSUs granted, vesting on 2027 Annual General Meeting date

RSU settlement price $0.00 per unit Reported transaction price per restricted stock unit

Key Terms

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

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.

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"

derivative security financial

"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.

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Form 4 Insider Transactions: What Each Field Means →

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^*

SHATTUCK MAYO A III

(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, par value $0.01 per share	06/11/2026		M		16,416	A	(1)	109,408	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			16,416	(3)	(3)	Common Stock	16,416	(1)	0	D
Restricted Stock Units	(2)	06/11/2026		A		4,773		(4)	(4)	Common Stock	4,773	$0	4,773	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)

FAQ

What insider transactions did Hut 8 (HUT) director Shattuck Mayo A III report?

He reported the vesting and conversion of 16,416 restricted stock units into common shares and the grant of 4,773 new restricted stock units tied to future vesting at a later shareholder meeting.

How many Hut 8 (HUT) shares does Shattuck Mayo A III hold after this Form 4?

After the transactions, he directly holds 109,408 shares of Hut 8 common stock. This reflects shares received from restricted stock unit conversion as part of his director compensation program.

What happened to the 16,416 restricted stock units reported for Hut 8 (HUT)?

These 16,416 restricted stock units vested on the 2026 Annual General Meeting date and converted into 16,416 Hut 8 common shares on a one-for-one basis, eliminating the corresponding RSU balance after settlement.

What are the terms of the new 4,773 restricted stock units at Hut 8 (HUT)?

Each of the 4,773 restricted stock units represents a contingent right to one Hut 8 common share. They vest on the date of the 2027 Annual General Meeting and may be settled in stock, cash, or a combination.

Are the Hut 8 (HUT) restricted stock units automatically settled in shares?

The restricted stock units may be settled in Hut 8 common stock, cash, or a combination. The choice of settlement method is at the discretion of the company rather than the reporting director.