Hycroft Mining (HYMC) SVP has shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hycroft Mining Holding Corp senior vice president and general manager Thomas David Brian reported a routine tax-related share withholding. On the vesting of previously granted restricted stock units, the company withheld 5,195 shares of Class A Common Stock to satisfy his tax obligations. Following this non-market transaction, he directly holds 163,179 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Thomas David Brian
Role
SVP, General Manager
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 5,195 | $23.27 | $121K |
Holdings After Transaction:
Class A Common Stock — 163,179 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 5,195 shares
Withholding price per share: $23.27 per share
Shares held after transaction: 163,179 shares
+2 more
5 metrics
Shares withheld for taxes
5,195 shares
Tax-withholding disposition on vesting RSUs
Withholding price per share
$23.27 per share
Value used for tax-withholding transaction
Shares held after transaction
163,179 shares
Direct Class A Common Stock holdings post-transaction
Transaction date
2026-06-30
Date of tax-withholding disposition
Tax-withholding shares in summary
5,195 shares
Reported as taxWithholdingShares in transactionSummary
Key Terms
restricted stock units, tax withholding obligations, Class A Common Stock
3 terms
restricted stock units financial
"in connection with the vesting of restricted stock units previously granted"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations"
Class A Common Stock financial
"Represents the number of Class A Common Stock shares withheld by the Issuer"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transaction did HYMC executive Thomas David Brian report?
He reported a tax-related share withholding, where 5,195 HYMC Class A Common Stock shares were withheld to cover his tax obligations on vesting restricted stock units. This was not an open-market purchase or sale, but a routine administrative transaction.
Does the HYMC Form 4 show an open-market sale by Thomas David Brian?
No, the Form 4 does not show an open-market sale. It records a tax-withholding disposition, where shares were retained by the issuer to cover taxes owed on vesting restricted stock units, rather than shares being sold into the market.
What does transaction code F mean in the HYMC Form 4 filing?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this HYMC filing, it reflects shares withheld by the issuer to cover Thomas David Brian’s tax withholding obligations tied to vesting restricted stock units.