Hycroft Mining insider group buys 100,000-share block
Hycroft Mining Holding Corp. reported that an insider group associated with Eric Sprott and 2176423 Ontario Ltd. increased its indirect stake in the company’s Class A common stock.
Rhea-AI Filing Summary
Hycroft Mining Holding Corp. reported that an insider group associated with Eric Sprott and 2176423 Ontario Ltd. increased its indirect stake in the company’s Class A common stock. On January 8, 2026, Sprott Mining Inc. purchased 100,000 shares at a price of $26.08 per share, and on January 9, 2026 it bought an additional 25,000 shares at $27.05 per share.
Following these transactions, Sprott Mining Inc. indirectly held 31,581,352 shares of Hycroft Mining Class A common stock. Sprott Mining is a wholly owned subsidiary of 2176423 Ontario Ltd., which is controlled by Eric Sprott, who has the power to direct the voting and disposition of the shares held by Sprott Mining. The reporting persons are treated as a group and are listed as 10% owners of Hycroft Mining.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A common stock | 25,000 | $27.05 | $676K |
| Purchase | Class A common stock | 100,000 | $26.08 | $2.61M |
Footnotes (1)
- F1. These securities are owned directly by Sprott Mining Inc. ("Sprott Mining"), a wholly-owned subsidiary of 2176423 Ontario Ltd. Eric Sprott controls 2176423 Ontario Ltd. and has the power to direct the voting and disposition of Class A common stock held by Sprott Mining through his ownership interests in 2176423 Ontario Ltd. All of the Reporting Persons are a "group" for purposes of Section 13(d) of the Exchange Act.
FAQ
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What insider transactions did HYMC report in this Form 4?
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Were any derivative securities reported in this Hycroft Mining (HYMC) Form 4?
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