Hycroft Mining (HYMC) entities tied to Eric Sprott buy 100,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hycroft Mining Holding Corp. reported an insider share purchase linked to entities associated with Eric Sprott. On January 26, 2026, 100,000 shares of Class A common stock were purchased at $49.96 per share. After this transaction, 36,553,704 shares were indirectly beneficially owned through Sprott Mining Inc., a wholly owned subsidiary of 2176423 Ontario Ltd., which Eric Sprott controls for voting and disposition of these shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 100,000 shares ($4,996,000)
Net Buy
1 txn
Insider
Sprott Eric, 2176423 Ontario Ltd.
Role
10% Owner | 10% Owner
Bought
100,000 shs ($5.00M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A common stock | 100,000 | $49.96 | $5.00M |
Holdings After Transaction:
Class A common stock — 36,553,704 shares (Indirect, By Sprott Mining Inc.)
Footnotes (1)
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FAQ
What insider transaction did HYMC report in this Form 4?
Hycroft Mining Holding Corp. reported an insider-related purchase of 100,000 Class A common shares at $49.96 each. The shares are indirectly owned through Sprott Mining Inc., reflecting increased beneficial ownership tied to entities controlled by Eric Sprott and 2176423 Ontario Ltd.
Who is the reporting person in the HYMC Form 4 filing?
The Form 4 lists Eric Sprott and 2176423 Ontario Ltd. as reporting persons and 10% owners. The purchased shares are held directly by Sprott Mining Inc., a wholly owned subsidiary of 2176423 Ontario Ltd., which Eric Sprott controls for voting and disposition of the stock.
What is the total HYMC stake beneficially owned after this Form 4 trade?
After the reported purchase, entities associated with Eric Sprott indirectly beneficially owned 36,553,704 Hycroft Mining Holding Corp. Class A common shares. These shares are held by Sprott Mining Inc., the wholly owned subsidiary of 2176423 Ontario Ltd., which Eric Sprott controls.
Is the HYMC Form 4 transaction a direct or indirect ownership change?
The transaction reflects an indirect ownership change. The 100,000 purchased shares are held by Sprott Mining Inc., noted as “I” for indirect ownership, rather than in Eric Sprott’s name personally, though he controls voting and disposition through 2176423 Ontario Ltd.
What transaction code is used in the HYMC Form 4 filing?
The Form 4 uses transaction code “P,” which indicates an open market or private purchase of non-derivative securities. This code applies to the 100,000 Class A common shares of Hycroft Mining Holding Corp. acquired on January 26, 2026, at $49.96 per share.