Hycroft EVP granted 16,482 RSUs in stock award
Hycroft Mining Holding Corp reported that EVP Corporate Development & IR Eric B. Colby received an equity award of 16,482 shares of Class A common stock in the form of restricted stock units (RSUs) at no purchase price.
Rhea-AI Filing Summary
Hycroft Mining Holding Corp reported that EVP Corporate Development & IR Eric B. Colby received an equity award of 16,482 shares of Class A common stock in the form of restricted stock units (RSUs) at no purchase price.
The RSUs vest over three years, with 33% vesting on April 16, 2027, 33% on April 16, 2028, and 34% on April 16, 2029, subject to his continued employment. Each RSU converts into one share of common stock at vesting, and Colby holds 16,482 shares following this award.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 16,482 shares
Grant/Award
1 txn
Insider
Colby Eric B
Role
EVP Corporate Development & IR
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 16,482 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 16,482 shares (Direct)
Footnotes (1)
- F1. Represents the award of restricted stock units ("RSUs"). Subject to the reporting person's continued employment with the issuer, the RSUs will vest as follows: 33% on April 16, 2027, 33% on April 16, 2028, and 34% on April 16, 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; provided, however, that if, on that conversion date, the reporting person is prohibited from trading in the issuer's securities pursuant to applicable securities laws or the Company's policies, the conversion date shall be, in the determination of the Compensation Committee of the issuer's Board of Directors, the 2nd trading day after the date the reporting person is no longer prohibited from such trading.
Key Figures
RSUs granted: 16,482 units
Grant price: $0.0000 per share
Post-transaction holdings: 16,482 shares
+3 more
6 metrics
RSUs granted
16,482 units
Award of restricted stock units to EVP Eric B. Colby
Grant price
$0.0000 per share
RSU award price per share
Post-transaction holdings
16,482 shares
Total Class A common shares held after award
First vesting tranche
33% on April 16, 2027
Initial RSU vesting date and percentage
Second vesting tranche
33% on April 16, 2028
Second RSU vesting date and percentage
Final vesting tranche
34% on April 16, 2029
Final RSU vesting date and percentage
Key Terms
restricted stock units ("RSUs"), vest, Class A common stock, contingent right
4 terms
restricted stock units ("RSUs") financial
"Represents the award of restricted stock units ("RSUs"). Subject to the reporting person's continued employment"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
vest financial
"the RSUs will vest as follows: 33% on April 16, 2027, 33% on April 16, 2028"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Class A common stock financial
"Each RSU represents a contingent right to receive one share of the issuer's Class A common stock"
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.
contingent right financial
"Each RSU represents a contingent right to receive one share of the issuer's Class A common stock"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Hycroft Mining (HYMC) executive Eric B. Colby report on this Form 4?
Eric B. Colby reported receiving an award of 16,482 restricted stock units of Hycroft Mining Class A common stock. The RSUs were granted at no purchase price and represent a compensation-related equity award rather than an open-market stock purchase or sale.
What is the vesting schedule for Eric Colby’s Hycroft Mining (HYMC) RSUs?
The 16,482 RSUs vest in three tranches: 33% on April 16, 2027, 33% on April 16, 2028, and 34% on April 16, 2029. Vesting is conditioned on Eric Colby’s continued employment with Hycroft Mining through each vesting date.
How are Eric Colby’s Hycroft Mining (HYMC) RSUs settled at vesting?
Each RSU represents a contingent right to receive one share of Hycroft Mining Class A common stock. On each vesting date, vested RSUs convert into common shares, subject to trading restrictions and company policies that may shift the exact conversion date slightly.
What are Eric Colby’s Hycroft Mining (HYMC) holdings after this RSU award?
After the reported transaction, Eric Colby holds 16,482 shares of Hycroft Mining Class A common stock. This reflects the full amount associated with the restricted stock unit award as disclosed, with no additional derivative positions reported in this filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
