STOCK TITAN

Hut 8 (HUT) CFO receives grant of 27,229 restricted stock units

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

Rhea-AI Filing Summary

Glennan Sean Joseph reported acquisition or exercise transactions in this Form 4 filing.

Hut 8 Corp. reported that Chief Financial Officer Sean Joseph Glennan received a grant of restricted stock units. On June 11, 2026, he was awarded 27,229 RSUs, each representing a contingent right to receive one share of Hut 8 common stock.

These RSUs will vest in three equal annual installments beginning on April 16, 2027, and may be settled in common stock, cash, or a combination at the company’s discretion. After this grant, the filing shows 27,229 restricted stock units credited to him directly.

Positive

  • None.

Negative

  • None.
Insider Glennan Sean Joseph
Role Chief Financial 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 units Grant to Hut 8 CFO on June 11, 2026
Underlying common shares 27,229 shares Each RSU represents one share of common stock
Grant price $0.0000 per RSU Compensation award, not an open-market purchase
Vesting schedule 3 equal annual installments Beginning April 16, 2027
RSUs held after grant 27,229 units Total restricted stock units following this transaction
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.
settled in either common stock or cash financial
"The RSUs are settled in either common stock or cash"
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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*
Glennan Sean Joseph

(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 Financial 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/ Sean Glennan06/15/2026
** 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 in this Form 4?

Hut 8 disclosed that its Chief Financial Officer, Sean Joseph Glennan, 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 Hut 8 common stock.

How many RSUs did the Hut 8 (HUT) CFO receive and what do they represent?

The Hut 8 CFO received 27,229 RSUs. Each restricted stock unit represents a contingent right to receive one share of Hut 8 common stock, settled in stock, cash, or both at the company’s discretion according to the filing.

What is the vesting schedule for the Hut 8 (HUT) CFO’s 27,229 RSUs?

The 27,229 RSUs granted to the Hut 8 CFO vest in three equal annual installments, beginning on April 16, 2027. This means one-third of the award becomes earned each year over a three-year period.

Does the Hut 8 (HUT) CFO have to pay to acquire the granted RSUs?

According to the Form 4 data, the RSUs were granted at a transaction price of $0.0000 per unit. This indicates they are a compensation award rather than a purchase, with value realized upon vesting and settlement.

How many Hut 8 (HUT) restricted stock units does the CFO hold after this grant?

Following this RSU grant, the filing reports that the Hut 8 CFO holds 27,229 restricted stock units directly. These units correspond to a potential equivalent number of Hut 8 common shares upon future vesting and settlement.