Hut 8 director sells 33,987 shares in open market

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

Rick Rickertsen reported open-market sales of 33,987 Hut 8 common shares. He sold 16,496 shares at $105.00 per share and 17,491 shares at $110.00 per share, fully exiting his directly held common stock position.

Q: At what prices did Hut 8 (HUT) director Rick Rickertsen sell his shares?

Rick Rickertsen sold Hut 8 common stock at two price levels. On May 11, 2026, he sold 16,496 shares at $105.00 per share, and on May 13, 2026, he sold 17,491 shares at $110.00 per share.

Q: How many Hut 8 (HUT) shares does Rick Rickertsen hold after these sales?

After the reported transactions, he holds no common stock shares directly. However, he retains 14,775 restricted stock units and 16,748 deferred stock units, each tied to one Hut 8 common share or cash at settlement.

Q: What equity awards does Hut 8 (HUT) director Rick Rickertsen still own?

He continues to hold restricted and deferred stock units. The filing shows 14,775 restricted stock units and 16,748 deferred stock units outstanding, representing potential settlement in an equal number of Hut 8 common shares or cash at the company’s discretion.

Hut 8 Corp. director Rick Rickertsen reported open-market sales of common stock.

Filing Impact

(Very High)

Filing Sentiment

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Form Type

Rhea-AI Filing Summary

Hut 8 Corp. director Rick Rickertsen reported open-market sales of common stock. He sold 16,496 shares of common stock on May 11, 2026 at an average price of $105.00 per share and 17,491 shares on May 13, 2026 at $110.00 per share, for total sales of 33,987 shares. Following these transactions, his directly held common stock position is reported as zero shares.

He continues to hold equity-linked awards. The filing shows 14,775 restricted stock units and 16,748 deferred stock units outstanding, each representing the right to receive one share of common stock or cash, giving exposure to 31,523 underlying shares.

Insider Trade Summary

Net Seller: 33,987 shares

Net Sell 4 txns

Insider Rickertsen Rick

Role Director

Sold 33,987 shs ($3.66M)

Type	Security	Shares	Price	Value
Sale	Common Stock	17,491	$110.00	$1.92M
Sale	Common Stock	16,496	$105.00	$1.73M
holding	Deferred Stock Units	--	--	--
holding	Restricted Stock Units	--	--	--

Holdings After Transaction: Common Stock — 0 shares (Direct); Deferred Stock Units — 16,748 contracts (Direct); Restricted Stock Units — 14,775 contracts (Direct)

Footnotes (3)

F1. Each deferred stock unit ("DSU") represents a contingent right to receive one share of the Issuer's common stock. Each DSU is fully vested and will be settled in either common stock or cash (or a combination thereof) at the discretion of the Issuer following the reporting person's separation from service from the Issuer.
F2. Each restricted stock unit ("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.
F3. These RSUs vest on the date of the 2026 Annual General Meeting of the Stockholders of the Issuer.

Key Figures

Total shares sold: 33,987 shares Sale price 1: $105.00 per share Sale price 2: $110.00 per share +4 more

7 metrics

Total shares sold 33,987 shares Net open-market sales reported in this Form 4

Sale price 1 $105.00 per share 16,496 common shares sold on May 11, 2026

Sale price 2 $110.00 per share 17,491 common shares sold on May 13, 2026

Common shares after transaction 0 shares Directly held Hut 8 common stock following reported sales

Restricted Stock Units 14,775 units RSUs outstanding, each linked to one common share

Deferred Stock Units 16,748 units DSUs outstanding, each linked to one common share

Total underlying shares from units 31,523 shares Underlying common shares from RSUs and DSUs combined

Key Terms

Restricted Stock Units, Deferred Stock Units, open-market sale, contingent right

4 terms

Restricted Stock Units financial

"The filing shows 14,775 restricted stock units outstanding, each representing one share."

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.

Deferred Stock Units financial

"The filing shows 16,748 deferred stock units, settled in stock or cash."

Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.

open-market sale financial

"Each common stock transaction is classified as an open-market sale."

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

contingent right financial

"Each RSU or DSU represents a contingent right to receive one share or cash."

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 open-market sales of 33,987 Hut 8 common shares. He sold 16,496 shares at $105.00 per share and 17,491 shares at $110.00 per share, fully exiting his directly held common stock position.

At what prices did Hut 8 (HUT) director Rick Rickertsen sell his shares?

Rick Rickertsen sold Hut 8 common stock at two price levels. On May 11, 2026, he sold 16,496 shares at $105.00 per share, and on May 13, 2026, he sold 17,491 shares at $110.00 per share.

How many Hut 8 (HUT) shares does Rick Rickertsen hold after these sales?

After the reported transactions, he holds no common stock shares directly. However, he retains 14,775 restricted stock units and 16,748 deferred stock units, each tied to one Hut 8 common share or cash at settlement.

What equity awards does Hut 8 (HUT) director Rick Rickertsen still own?

He continues to hold restricted and deferred stock units. The filing shows 14,775 restricted stock units and 16,748 deferred stock units outstanding, representing potential settlement in an equal number of Hut 8 common shares or cash at the company’s discretion.

Do Rick Rickertsen’s Hut 8 (HUT) unit holdings have an exercise price?

The restricted stock units and deferred stock units carry a stated exercise price of $0.00. Each unit represents a contingent right to receive one Hut 8 common share or cash, with settlement terms determined by the company and, for RSUs, subject to vesting.

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

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Accepted by SEC EDGAR 05/13/2026 - 07:34 PM

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)
05/11/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/11/2026		S		16,496	D	$105	17,491	D
Common Stock	05/13/2026		S		17,491	D	$110	0	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Deferred Stock Units	⁽¹⁾							⁽¹⁾	⁽¹⁾	Common Stock	16,748		16,748	D
Restricted Stock Units	⁽²⁾							⁽³⁾	⁽³⁾	Common Stock	14,775		14,775	D

Explanation of Responses:

1. Each deferred stock unit ("DSU") represents a contingent right to receive one share of the Issuer's common stock. Each DSU is fully vested and will be settled in either common stock or cash (or a combination thereof) at the discretion of the Issuer following the reporting person's separation from service from the Issuer.

2. Each restricted stock unit ("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 vest on the date of the 2026 Annual General Meeting of the Stockholders of the Issuer.

	/s/ Victor Semah, as Attorney-in-Fact	05/13/2026
	** 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)

Source: View Original Filing on SEC EDGAR