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Hycroft Mining (HYMC) SVP receives 11,113 RSU grant vesting through 2029

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Hycroft Mining Holding Corp reported that SVP and General Manager Thomas David Brian received an award of 11,113 restricted stock units (RSUs) of Class A common stock at no cash price as part of his compensation. Following this grant, he directly holds 202,374 shares of common stock.

The RSUs vest over three years, subject to his continued employment. 33% of the units vest on March 9, 2027, another 33% on March 9, 2028, and the remaining 34% on March 9, 2029. Each vested RSU converts into one share of Class A common stock on its vesting date.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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 NV 89446

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
HYCROFT MINING HOLDING CORP [ HYMC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP, General Manager
3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Class A Common Stock 03/09/2026 A 11,113(1) A $0 202,374 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents the award of restricted stock units ("RSUs") by the issuer. Subject to the reporting person's continued employment with the issuer, 33% of the RSUs vest on each of March 9, 2027 and March 9, 2028 and 34% vest on March 9, 2029. Each RSU represents a contingent right to receive one share of the issuer's Class A common stock (the "Common Stock"). On the respective vesting date, vested RSUs will convert into shares of Common Stock on a one-to-one basis.
/s/ David B. Thomas 03/11/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transaction did Hycroft Mining (HYMC) report for Thomas David Brian?

Hycroft Mining reported that SVP and General Manager Thomas David Brian received a grant of 11,113 restricted stock units. These RSUs are compensation-based, involve no cash purchase, and will convert into common shares as they vest over several future dates.

How many Hycroft Mining (HYMC) shares does Thomas David Brian hold after this Form 4?

After the RSU award, Thomas David Brian directly holds 202,374 shares of Hycroft Mining Class A common stock. This figure reflects his position following the 11,113-unit RSU grant reported, providing context for the relative size of this compensation-related equity award.

What is the vesting schedule for Thomas David Brian’s 11,113 RSUs at Hycroft Mining (HYMC)?

The 11,113 RSUs vest in three tranches over time. 33% vest on March 9, 2027, another 33% on March 9, 2028, and the remaining 34% on March 9, 2029, all conditioned on continued employment with Hycroft Mining.

What does each restricted stock unit (RSU) represent in the Hycroft Mining (HYMC) Form 4?

Each restricted stock unit represents a contingent right to receive one share of Hycroft Mining’s Class A common stock. Upon each vesting date, vested RSUs automatically convert into common shares on a one-to-one basis, increasing the insider’s actual share holdings.

Was cash paid for the 11,113 Hycroft Mining (HYMC) RSUs granted to Thomas David Brian?

No cash was paid for the 11,113 RSUs granted to Thomas David Brian. The Form 4 shows a price per share of 0.0000, indicating this is a compensation-related equity award rather than an open-market share purchase.

Is the Hycroft Mining (HYMC) RSU grant to Thomas David Brian an open-market transaction?

The RSU grant is not an open-market transaction. It is classified as a grant or award acquisition, reflecting equity compensation awarded by the company, which will vest and convert into shares over time subject to continued employment conditions.
Hycroft Mining Holding Corp

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