Hycroft Mining (HYMC) CFO receives 17,224 RSUs in new equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hycroft Mining Holding Corp Executive Vice President and CFO Stanton K. Rideout received an award of 17,224 restricted stock units (RSUs) of Class A common stock. These RSUs vest over three years: 33% on March 9, 2027, 33% on March 9, 2028, and 34% on March 9, 2029, subject to continued employment. Each RSU converts into one share of Class A common stock at vesting. Following this award, Rideout directly holds 498,447 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
RIDEOUT STANTON K
Role
Executive Vice President & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 17,224 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 498,447 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Hycroft Mining (HYMC) report for Stanton K. Rideout?
Hycroft Mining reported that Executive Vice President and CFO Stanton K. Rideout received an award of 17,224 restricted stock units. These RSUs are a stock-based compensation grant and will convert into Class A common shares as they vest over a three-year schedule.
What are the vesting terms of the RSUs granted to the HYMC CFO?
The RSUs granted to Hycroft Mining’s CFO vest in three installments: 33% on March 9, 2027, another 33% on March 9, 2028, and the remaining 34% on March 9, 2029. Vesting requires his continued employment with Hycroft Mining.
How do the RSUs for Hycroft Mining (HYMC) convert into common stock?
Each RSU granted to the Hycroft Mining CFO represents a contingent right to receive one share of Class A common stock. On each vesting date, the vested RSUs automatically convert into shares of common stock on a one-to-one basis, increasing his share ownership.
Was there any purchase price for the HYMC RSU award to the CFO?
The RSU award to Hycroft Mining’s CFO shows a transaction price of $0.0000 per share, indicating it is a compensation grant rather than an open-market purchase. The value to the executive comes from future share delivery upon vesting, assuming continued employment.