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Hut 8 (HUT) insider grant — 16,416 RSUs vesting at 2026 AGM

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

Rhea-AI Filing Summary

Hut 8 Corp. director Mayo A. Shattuck III reported a grant of 16,416 restricted stock units (RSUs) with a transaction date of 08/06/2025. Each RSU represents a contingent right to receive one share of common stock and the award may be settled in common stock, cash, or a combination at the issuer's discretion. The RSUs vest on the date of the 2026 Annual General Meeting. The filing lists the ownership form as direct, shows an underlying share amount of 16,416 with a reported price of $0, and the Form 4 bears a signature by an attorney‑in‑fact dated 08/08/2025. No other transactions are disclosed in this filing.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: A routine director equity grant of 16,416 RSUs on 08/06/2025; disclosure contains grant and vesting details but no sales.

The Form 4 records a non‑derivative award of 16,416 RSUs to Director Mayo A. Shattuck III, each convertible to one share and potentially settled in stock or cash at the issuer's discretion. The RSUs vest on the date of the 2026 Annual General Meeting. The filing shows direct ownership and reports a $0 price for the underlying shares. The document does not disclose the director's total post‑grant ownership percentage or any offsetting transactions, limiting assessment of immediate dilution or valuation impact.

TL;DR: The Form 4 discloses a service‑based RSU award with explicit settlement and vesting terms; the filing is factual and routine.

The filing specifies 16,416 RSUs granted on 08/06/2025 to a director, vesting at the 2026 Annual General Meeting, with settlement at the issuer's discretion in stock, cash, or a combination. The Form 4 is signed by an attorney‑in‑fact on 08/08/2025. The disclosure provides the core compensation terms but does not state whether the award is part of a broader plan, nor the director's aggregate holdings after the grant, which are necessary to evaluate governance and alignment quantitatively.

Insider SHATTUCK MAYO A III
Role Director
Type Security Shares Price Value
Grant/Award Restricted Stock Units 16,416 $0.00 --
Holdings After Transaction: Restricted Stock Units — 16,416 shares (Direct)
Footnotes (1)
  1. 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.
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 FL 33131

(City) (State) (Zip)
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)
3. Date of Earliest Transaction (Month/Day/Year)
08/06/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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
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 (1) 08/06/2025 A 16,416 (2) (2) Common Stock 16,416 $0 16,416 D
Explanation of Responses:
1. 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.
2. 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 08/08/2025
** 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.

FAQ

What did the HUT Form 4 filed by Mayo A. Shattuck III disclose?

The Form 4 discloses a grant of 16,416 RSUs to director Mayo A. Shattuck III with a transaction date of 08/06/2025 and a signature dated 08/08/2025.

How many RSUs were granted in the HUT filing and when was the grant dated?

The filing reports a grant of 16,416 restricted stock units with a transaction date of 08/06/2025.

When do the RSUs reported on the HUT Form 4 vest?

The RSUs vest on the date of the 2026 Annual General Meeting of Hut 8 Corp.'s stockholders.

How will the RSUs be settled according to the Form 4?

The RSUs will be settled in common stock, cash, or a combination thereof at the discretion of the issuer.

Does the Form 4 show any sale or purchase of common stock by the reporting person?

No. The Form 4 reports an RSU grant and does not disclose any sale or purchase transactions in this filing.