[Form 4] HYCROFT MINING HOLDING CORP Insider Trading Activity

Rhea-AI Filing Summary

Hycroft Mining Holding Corp. (HYMC)11/17/2025, an affiliated company, Sprott Mining Inc., purchased 400,000 shares of Hycroft Class A common stock at a price of $10.37 per share. Following this transaction, Sprott Mining Inc. is reported to beneficially own 27,125,528 shares, held indirectly for the reporting persons.

The filing explains that Sprott Mining Inc. is a wholly owned subsidiary of 2176423 Ontario Ltd., which is controlled by Eric Sprott. Through this structure, Eric Sprott has the power to direct the voting and disposition of the Class A common stock held by Sprott Mining Inc., and the reporting persons are treated as a group for ownership reporting purposes.

Insights

Corporate Governance and Ownership Structure Analyst

Large affiliated holder increased indirect stake by 400,000 Class A shares via Sprott Mining at a disclosed purchase price of $10.37.

The disclosure shows an affiliated group led by Eric Sprott increasing its indirect holdings of Hycroft Mining Holding Corp. Class A common stock. Sprott Mining Inc. acquired 400,000 shares on 11/17/2025 at a reported price of $10.37 per share, bringing the group’s indirectly held balance to 27,125,528 shares. Ownership is indirect because Sprott Mining is wholly owned by 2176423 Ontario Ltd., which Eric Sprott controls.

The filing characterizes all reporting persons as a "group" for Section 13(d) purposes, which highlights coordinated beneficial ownership and voting power. This kind of concentrated holding can affect voting dynamics, especially on matters like director elections, major transactions, or capital structure decisions. The transaction code "P" indicates an open-market or private purchase, not a sale or option exercise, which points to an increase rather than reduction in exposure.

Key items to monitor include any future changes in this group’s beneficial ownership and additional Section 16 or Section 13(d) filings that update its position. The signing date of 11/19/2025 provides a reference for when this ownership information became public. Changes in this large holder’s stake, directionally or structurally, over the coming quarters could further influence control dynamics and governance outcomes at Hycroft Mining Holding Corp.

11/19/2025 - 04:05 PM

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^*

Sprott Eric

(Last) (First) (Middle)

7 KING STREET EAST

SUITE 1106

(Street)

TORONTO A6 M5C 3C5

(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	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/17/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	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	11/17/2025		P		400,000	A	$10.37	27,125,528	I	By Sprott Mining Inc.(1)

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

1. Name and Address of Reporting Person^*

Sprott Eric

(Last) (First) (Middle)

7 KING STREET EAST

SUITE 1106

(Street)

TORONTO A6 M5C 3C5

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

2176423 Ontario Ltd.

(Last) (First) (Middle)

7 KING STREET EAST

SUITE 1106

(Street)

TORONTO A6 M5C 3C5

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

Explanation of Responses:

1. These securities are owned directly by Sprott Mining Inc. ("Sprott Mining"), a wholly-owned subsidiary of 2176423 Ontario Ltd. Eric Sprott controls 2176423 Ontario Ltd. and has the power to direct the voting and disposition of Class A common stock held by Sprott Mining through his ownership interests in 2176423 Ontario Ltd. All of the Reporting Persons are a "group" for purposes of Section 13(d) of the Exchange Act.

	/s/ Eric Sprott	11/19/2025
	/s/ Eric Sprott	11/19/2025
	** 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 was reported for Hycroft Mining (HYMC)?

The filing reports that an affiliated entity of director Eric Sprott, Sprott Mining Inc., purchased 400,000 shares of Hycroft Mining Class A common stock on 11/17/2025.

What price was paid for the Hycroft Mining (HYMC) shares in this Form 4?

The 400,000 shares of Hycroft Mining Class A common stock were purchased at $10.37 per share by Sprott Mining Inc.

How many Hycroft Mining (HYMC) shares are beneficially owned after this transaction?

After the reported transaction, Sprott Mining Inc. is shown as beneficially owning 27,125,528 shares of Hycroft Mining Class A common stock indirectly for the reporting persons.

Who is the reporting person in this Hycroft Mining (HYMC) Form 4 filing?

The filing identifies Eric Sprott as a reporting person and director of Hycroft Mining, with the shares held indirectly through Sprott Mining Inc. and its parent, 2176423 Ontario Ltd.

How is ownership of Hycroft Mining (HYMC) shares structured for Eric Sprott?

The filing explains that Sprott Mining Inc. is a wholly owned subsidiary of 2176423 Ontario Ltd., which is controlled by Eric Sprott, giving him power over voting and disposition of the shares.

What does the filing say about group status for the Hycroft Mining (HYMC) shares?

The reporting persons are described as a group for purposes of Section 13(d) of the Exchange Act with respect to the Hycroft Mining Class A common stock held by Sprott Mining Inc.