Hycroft Mining insider buys 100,000 shares
Hycroft Mining Holding Corp reported an insider open-market purchase of 100,000 shares of Class A common stock at $47.58 per share.
Rhea-AI Filing Summary
Hycroft Mining Holding Corp reported an insider open-market purchase of 100,000 shares of Class A common stock at $47.58 per share. The shares were bought by Sprott Mining Inc., a wholly owned subsidiary of 2176423 Ontario Ltd., which is controlled by Eric Sprott. Following this transaction, the reporting group collectively reported 37,003,704 shares of Class A common stock held indirectly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 100,000 shares
Net Buy
1 txn
Insider
Sprott Eric, 2176423 Ontario Ltd.
Role
10% Owner | 10% Owner
Bought
100,000 shs ($4.76M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A common stock | 100,000 | $47.58 | $4.76M |
Holdings After Transaction:
Class A common stock — 37,003,704 shares (Indirect, By Sprott Mining Inc.)
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did HYMC report involving Eric Sprott?
The filing reports an open-market purchase of 100,000 shares of Class A common stock at $47.58 per share. The shares are owned directly by Sprott Mining Inc. and controlled indirectly through 2176423 Ontario Ltd., associated with Eric Sprott.
Was the HYMC insider transaction a purchase or a sale?
The transaction was a purchase. The Form 4 shows an open-market purchase of 100,000 shares of Hycroft Mining Class A common stock, coded as “P” for purchase, at a price of $47.58 per share by Sprott Mining Inc.
AI-generated analysis. How Rhea-AI works. Not financial advice.