Hut 8 Corp. (HUT) director sells 33,987 shares, retains stock units
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 33,987 shares ($3,656,090)
Net Sell
4 txns
Insider
Rickertsen Rick
Role
null
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, null);
Deferred Stock Units — 16,748 shares (Direct, null);
Restricted Stock Units — 14,775 shares (Direct, null)
Footnotes (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. 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. 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
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.
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.