Tax-withholding share transfer by Hycroft Mining (HYMC) SVP & Counsel
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hycroft Mining Holding Corp reported a routine share withholding for taxes by its SVP & General Counsel, Rebecca Jennings. On the vesting of previously granted restricted stock units, the company withheld 5,195 shares of Class A Common Stock at $23.27 per share to satisfy her tax obligations.
After this tax-withholding disposition, Jennings continues to hold 197,303 shares of Class A Common Stock directly. This event reflects compensation-related tax settlement rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jennings Rebecca
Role
SVP & General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 5,195 | $23.27 | $121K |
Holdings After Transaction:
Class A Common Stock — 197,303 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: 197,303 shares
3 metrics
Shares withheld for taxes
5,195 shares
Class A Common Stock withheld to satisfy tax obligations
Withholding price per share
$23.27 per share
Value for shares withheld in tax-withholding disposition
Shares held after transaction
197,303 shares
Direct ownership of Class A Common Stock after withholding
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 Hycroft Mining (HYMC) disclose for Rebecca Jennings?
Hycroft Mining disclosed that SVP & General Counsel Rebecca Jennings had 5,195 Class A Common Stock shares withheld by the company to cover tax obligations on vesting restricted stock units, rather than executing an open-market sale or purchase.
Was the Hycroft (HYMC) Rebecca Jennings transaction a stock sale on the market?
No, the transaction was a tax-withholding disposition, not an open-market sale. The company withheld 5,195 shares of Class A Common Stock to satisfy Jennings’ tax obligations when her restricted stock units vested.