Hut 8 Board Member Increases Stake to 282K Shares After Annual Meeting Grant
Rhea-AI Filing Summary
Hut 8 Corp (HUT) Director Amy Marie Wilkinson reported the acquisition of 18,698 shares of common stock through the vesting of Restricted Stock Units (RSUs) on June 18, 2025. The transaction occurred during the company's 2025 Annual General Meeting of Stockholders.
Following the reported transaction, Wilkinson now directly owns 282,136 shares of Hut 8 Corp. The RSUs converted to common stock on a one-for-one basis upon vesting, with the company having discretion to settle in either stock, cash, or a combination thereof. The acquisition price was effectively $0 as this represents a vesting event rather than an open market purchase.
This Form 4 filing indicates standard equity compensation for board service, with all RSUs being converted to direct stock ownership. The transaction was executed by Victor Semah as Attorney-in-Fact on June 23, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 18,698 | $0.00 | $0.00 |
| Exercise | Common Stock | 18,698 | $0.00 | $0.00 |
Footnotes (3)
- F1. Reflects restricted stock units ("RSUs") that upon vesting converted into shares of Issuer common stock on a one-for-one basis.
- F2. Each 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.
- F3. These RSUs vested on the date of the 2025 Annual General Meeting of the Stockholders of the Issuer.
FAQ
What is Amy Wilkinson's total HUT stock ownership after the June 2025 transaction?
What was the exercise price of HUT RSUs that vested for Amy Wilkinson?
When did the HUT RSUs vest for Director Wilkinson?
What is the settlement terms for HUT's Restricted Stock Units?
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