Hycroft CEO sells 21,550 HYMC shares for taxes
Hycroft Mining Holding Corp director and CEO Diane R. Garrett reported an open-market sale of Class A common stock.
Rhea-AI Filing Summary
Hycroft Mining Holding Corp director and CEO Diane R. Garrett reported an open-market sale of Class A common stock. She sold 21,550 shares at a weighted average price of $31.50 per share, labeled as an open-market or private sale. According to the footnotes, the sale was made to facilitate payment of taxes related to vested restricted stock units that converted into shares.
After the sale, she directly held 928,352 shares of Class A common stock. Of this amount, 683,997 were unvested restricted stock units as of June 8, 2026. The filing also shows an indirect holding of 800 shares through her spouse’s IRA.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 21,550 shares
Net Sell
2 txns
Insider
GARRETT DIANE R
Role
Chair, President & CEO
Sold
21,550 shs ($679K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 21,550 | $31.50 | $679K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 928,352 shares (Direct);
Class A Common Stock — 800 shares (Indirect, Through spouse's IRA)
Footnotes (3)
- F1. Represents the sale of shares of the issuer's Class A common stock ("Common Stock") in order to facilitate the payment of taxes related to vested restricted stock units ("RSUs") held by the reporting person that were converted to shares of Common Stock.
- F2. The price reported is a weighted average price. The shares were sold at prices ranging from $30.36 to $32. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price
- F3. Of this amount, 683,997 were unvested RSUs as of June 8, 2026.
Key Figures
Shares sold: 21,550 shares
Weighted average sale price: $31.50 per share
Sale price range: $30.36–$32.00 per share
+3 more
6 metrics
Shares sold
21,550 shares
Class A common stock sold in open-market or private transaction
Weighted average sale price
$31.50 per share
Average price for 21,550 shares sold
Sale price range
$30.36–$32.00 per share
Range of execution prices for the reported sale
Direct holdings after sale
928,352 shares
Class A common stock directly owned after the transaction
Unvested RSUs
683,997 units
Unvested restricted stock units as of June 8, 2026
Indirect holdings
800 shares
Class A common stock held through spouse's IRA
Key Terms
restricted stock units, weighted average price, open-market sale, IRA
4 terms
restricted stock units financial
"payment of taxes related to vested restricted stock units ("RSUs") held by the reporting person"
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.
weighted average price financial
"The price reported is a weighted average price. The shares were sold at prices ranging"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action": "open-market sale", "transaction_code_description": "Sale in open market or private transaction""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
IRA financial
"direct_or_indirect": "I", "nature_of_ownership": "Through spouse's IRA""
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did HYMC CEO Diane Garrett report in this Form 4?
Diane Garrett reported selling 21,550 shares of Hycroft Mining Class A common stock. The transaction was an open-market or private sale primarily to cover taxes from vested restricted stock units that were converted into common shares.
Does Diane Garrett have any indirect holdings of HYMC stock?
Yes, the filing reports 800 shares held indirectly through her spouse’s IRA. This indirect position is separate from her direct holdings and reflects shares beneficially owned via a retirement account associated with her spouse.
AI-generated analysis. How Rhea-AI works. Not financial advice.
