Hycroft Mining (HYMC) CEO reports 12,986-share tax withholding on RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hycroft Mining Holding Corp director and CEO Diane R. Garrett reported routine equity compensation-related activity. The filing shows that 12,986 shares of Class A Common Stock were withheld by the company at $23.27 per share to cover her tax withholding obligations upon vesting of previously granted restricted stock units.
After this tax-withholding disposition, she directly holds 915,366 Class A Common Stock shares. A separate entry reports 800 shares held indirectly through her spouse’s IRA, indicating additional indirect ownership. The Form 4 does not report any open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
GARRETT DIANE R
Role
Chair, President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 12,986 | $23.27 | $302K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 915,366 shares (Direct, null);
Class A Common Stock — 800 shares (Indirect, Through spouse's IRA)
Footnotes (1)
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Key Figures
Tax-withholding shares: 12,986 shares
Tax-withholding price: $23.27 per share
Direct holdings after transaction: 915,366 shares
+1 more
4 metrics
Tax-withholding shares
12,986 shares
Class A Common Stock withheld to satisfy tax obligations
Tax-withholding price
$23.27 per share
Value used for withheld shares on RSU vesting
Direct holdings after transaction
915,366 shares
Class A Common Stock directly owned following tax withholding
Indirect holdings
800 shares
Class A Common Stock held through spouse's IRA
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"
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 CEO Diane Garrett report on this Form 4?
Diane Garrett reported a tax-related disposition, not an open-market trade. 12,986 Class A Common Stock shares were withheld by the company to satisfy her tax obligations when previously granted restricted stock units vested.
Does the HYMC Form 4 mention any remaining derivative or option positions?
The filing’s derivative section shows no remaining derivative positions. The reported activity relates only to restricted stock units vesting and associated tax-withholding shares, with no stock options or other derivatives listed.