Hycroft Mining Holding Corp. (HYMC) – Director equity grant
According to the Form 4 filed on 07/02/2025, director Thomas S. Weng received an award of 38,339 restricted stock units (RSUs) on 06/30/2025. One half of the award (19,170 RSUs) vested immediately on the grant date, while the remaining 19,170 RSUs will vest on 06/30/2026, conditional on continued board service. Each RSU represents the right to one share of Class A common stock.
After the grant Mr. Weng beneficially owns 90,609 shares, which include 19,170 unvested RSUs. The transaction was coded “A” (award) at a price of $0, indicating no cash purchase or sale. Mr. Weng has elected to defer conversion of all RSUs into common stock until his separation from service or until trading restrictions lapse.
The filing is largely administrative: the award marginally increases potential share count but strengthens insider-shareholder alignment and provides a two-year retention incentive. No derivative exercises, sales, or additional acquisitions were disclosed.