STOCK TITAN

Hycroft Mining (HYMC) SVP sells 9,000 shares to cover RSU tax obligations

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Hycroft Mining Holding Corp SVP and General Manager Thomas David Brian sold 9,000 shares of Class A common stock in an open-market transaction at a weighted average price of $30.15 per share. According to the filing, the sale was made to help pay taxes on vested restricted stock units that were converted into shares.

Following the sale, Brian directly held 193,374 shares, and a footnote states that 164,573 of these were unvested restricted stock units as of June 4, 2025, indicating that the transaction represents a relatively small portion of his overall equity position and is tied to tax obligations rather than a discretionary reduction of holdings.

Positive

  • None.

Negative

  • None.

Insights

Tax-driven sale of a small portion of SVP’s equity, largely routine.

The SVP and General Manager of Hycroft Mining Holding Corp, Thomas David Brian, executed an open-market sale of 9,000 Class A common shares at a weighted average of $30.15. A footnote explains the sale was specifically to facilitate payment of taxes on vested RSUs converted into shares.

After the transaction, he held 193,374 shares, including 164,573 unvested RSUs as of June 4, 2025, so the sale reflects only a small fraction of his visible equity interest. Because the transaction is tax-related and does not materially alter his position, it is best viewed as routine and carries limited signaling value for investors.

Insider Thomas David Brian
Role SVP, General Manager
Sold 9,000 shs ($271K)
Type Security Shares Price Value
Sale Class A Common Stock 9,000 $30.15 $271K
Holdings After Transaction: Class A Common Stock — 193,374 shares (Direct, null)
Footnotes (1)
  1. Represents the sale of shares of the issuer's Class A common stock ("Common Stock") in order to facilitate the payment of taxes related to vested restricted stock units ("RSUs") held by the reporting person that were converted to shares of Common Stock. The price reported is a weighted average price. The shares were sold at prices ranging from $30.06 to $30.4. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price Of this amount, 164,573 were unvested RSUs as of June 4, 2025.
Shares sold 9,000 shares Class A Common Stock sold in open market on June 4, 2026
Weighted average sale price $30.15 per share Open-market sale to facilitate RSU tax payment
Post-transaction holdings 193,374 shares Direct holdings following the June 4, 2026 sale
Unvested RSUs 164,573 RSUs Unvested restricted stock units as of June 4, 2025 within reported holdings
Sale price range $30.06–$30.40 per share Range of individual trade prices within the reported transaction
restricted stock units financial
"vested restricted stock units ("RSUs") held by the reporting person that were converted to shares of Common Stock"
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.
weighted average price financial
"The price reported is a weighted average price. The shares were sold at prices ranging from $30.06 to $30.4."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action": "open-market sale","transaction_code_description": "Sale in open market or private transaction""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Thomas David Brian

(Last)(First)(Middle)
C/O HYCROFT MINING HOLDING CORPORATION
P.O. BOX 3030

(Street)
WINNEMUCCA NEVADA 89446

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
HYCROFT MINING HOLDING CORP [ HYMC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP, General Manager
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/04/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock06/04/2026S(1)9,000(1)D$30.15(2)193,374(3)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents the sale of shares of the issuer's Class A common stock ("Common Stock") in order to facilitate the payment of taxes related to vested restricted stock units ("RSUs") held by the reporting person that were converted to shares of Common Stock.
2. The price reported is a weighted average price. The shares were sold at prices ranging from $30.06 to $30.4. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price
3. Of this amount, 164,573 were unvested RSUs as of June 4, 2025.
/s/ David Thomas06/08/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

How many Hycroft Mining (HYMC) shares did Thomas David Brian sell?

Thomas David Brian sold 9,000 shares of Hycroft Mining Class A common stock. The shares were sold in an open-market transaction at a weighted average price of $30.15 per share, as disclosed in the Form 4 filing and related footnotes.

At what prices were the HYMC shares sold by Thomas David Brian?

The reported weighted average sale price was $30.15 per share. Footnotes state the individual trades occurred within a price range from $30.06 to $30.40 per share, and full trade details are available upon request from the issuer or the SEC staff.

Why did Hycroft Mining SVP Thomas David Brian sell HYMC shares?

The sale was undertaken to help pay taxes related to vested restricted stock units that had converted into common shares. The footnote clarifies this tax-related purpose, indicating the transaction was linked to compensation and withholding needs rather than a purely discretionary portfolio decision.

How many HYMC shares does Thomas David Brian hold after this Form 4 transaction?

After the sale, Thomas David Brian directly held 193,374 shares of Hycroft Mining. A footnote explains that 164,573 of these were unvested restricted stock units as of June 4, 2025, showing most of his reported position is still tied to ongoing equity compensation.

What is the significance of the unvested RSUs reported for Hycroft Mining’s SVP?

The filing notes that 164,573 of Thomas David Brian’s 193,374 reported shares were unvested RSUs as of June 4, 2025. This indicates a substantial portion of his equity exposure remains subject to vesting conditions, aligning his long-term incentives with Hycroft Mining’s future performance.