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27,229 RSUs granted to Hut 8 Corp. (HUT) Chief Legal Officer

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

Rhea-AI Filing Summary

Semah Victor reported acquisition or exercise transactions in this Form 4 filing.

Hut 8 Corp. reported that Chief Legal Officer Victor Semah received a grant of 27,229 restricted stock units (RSUs) on June 11, 2026. Each RSU represents a contingent right to receive one share of common stock, settled in stock, cash, or a combination at the company’s discretion.

The 27,229 RSUs vest in three equal annual installments beginning on April 16, 2027, aligning compensation with longer-term company performance. Following this grant, Semah holds 27,229 RSUs directly, all tied to Hut 8 common stock.

Positive

  • None.

Negative

  • None.
Insider Semah Victor
Role Chief Legal Officer
Type Security Shares Price Value
Grant/Award Restricted Stock Units 27,229 $0.00 --
Holdings After Transaction: Restricted Stock Units — 27,229 shares (Direct, null)
Footnotes (1)
  1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of Issuer common stock. The RSUs are settled in either common stock or cash (or a combination thereof) at the discretion of the Issuer. On June 11, 2026, the Reporting Person was granted 27,229 RSUs, vesting in three equal annual installments beginning on April 16, 2027.
RSUs granted 27,229 RSUs Grant to Chief Legal Officer on June 11, 2026
Underlying common shares 27,229 shares Each RSU represents one Hut 8 common share
Post-grant RSU holdings 27,229 RSUs Total RSUs held directly following the transaction
Vesting schedule 3 equal annual installments Beginning April 16, 2027
Grant price $0.00 per RSU Equity award with no cash paid by insider
Restricted Stock Units financial
"security_title: "Restricted Stock Units""
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.
RSU financial
"Each restricted stock unit ("RSU") represents a contingent right"
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
contingent right financial
"represents a contingent right to receive one share of Issuer common stock"
vesting financial
"granted 27,229 RSUs, vesting in three equal annual installments"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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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*
Semah Victor

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Legal Officer
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
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(1)06/11/2026A27,229 (2) (2)Common Stock27,229$027,229D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of Issuer common stock. The RSUs are settled in either common stock or cash (or a combination thereof) at the discretion of the Issuer.
2. On June 11, 2026, the Reporting Person was granted 27,229 RSUs, vesting in three equal annual installments beginning on April 16, 2027.
/s/ Victor Semah06/15/2026
** 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 insider transaction did Hut 8 (HUT) disclose for Victor Semah?

Hut 8 disclosed that Chief Legal Officer Victor Semah received a grant of 27,229 restricted stock units. These RSUs were awarded on June 11, 2026 as equity-based compensation and give him contingent rights to receive Hut 8 common shares over time, subject to vesting.

What is the vesting schedule for Victor Semah’s 27,229 Hut 8 RSUs?

The 27,229 RSUs granted to Victor Semah vest in three equal annual installments. Vesting begins on April 16, 2027, and continues annually thereafter. This schedule ties his compensation to Hut 8’s longer-term performance and his continued service with the company over several years.

How can the Hut 8 RSUs granted to Victor Semah be settled?

Each RSU granted to Victor Semah can be settled in Hut 8 common stock, cash, or a combination of both. The choice of settlement method is at the company’s discretion, meaning Hut 8 decides whether to deliver shares, cash, or a mix upon vesting.

Did Victor Semah buy or sell Hut 8 shares in this Form 4 filing?

Victor Semah did not buy or sell shares on the open market in this filing. Instead, he received an equity award of 27,229 RSUs classified as an acquisition by grant. The transaction code “A” indicates a grant or award, not a market purchase or sale.