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Hycroft Mining (HYMC) SVP receives 117,166-share RSU grant

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Hycroft Mining Holding Corp. reported that SVP and General Manager David Brian Thomas received an award of 117,166 restricted stock units (RSUs) on January 27, 2026. Each RSU converts into one share of Class A Common Stock.

Of this grant, 17,306 RSUs were vested on the grant date. Subject to continued employment, 45,504 RSUs will vest on the one-year anniversary of the grant date, 35,370 RSUs on the 18‑month anniversary, and 18,986 RSUs on the two‑year anniversary.

The filing also shows a tax withholding transaction in which 4,379 shares of Class A Common Stock were withheld at $50.5 per share. After these transactions, Thomas directly beneficially owned 193,857 shares, including 174,327 unvested RSUs as of January 29, 2026.

Positive

  • None.

Negative

  • None.
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*
Thomas David Brian

(Last) (First) (Middle)
C/O HYCROFT MINING HOLDING CORPORATION
P.O. BOX 3030

(Street)
WINNEMUCCA NV 89446

(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 10% Owner
X Officer (give title below) Other (specify below)
SVP, GENERAL MANAGER
3. Date of Earliest Transaction (Month/Day/Year)
01/27/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
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 01/27/2026 A(1) 117,166(1) A $0 198,236(2) D
Class A Common Stock 01/27/2026 F 4,379 D $50.5 193,857 D
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
Explanation of Responses:
1. Represents an award of restricted stock units ("RSUs") by the issuer. Of the RSUs, 17,306 were vested as of January 27, 2026 (the "Date of Grant"). Generally subject to the reporting person's continued employment with the issuer, 45,504 of the RSUs will vest on the one-year anniversary of the Date of Grant, 35,370 of the RSUs will vest on the 18-month anniversary of the Date of Grant, and 18,986 of the RSUs will vest on the two-year anniversary of the Date of Grant. RSUs convert into shares of Class A Common Stock on a one-for-one basis.
2. Of this amount, 174,327 were unvested RSUs as of January 29, 2026.
/s/ David B. Thomas 01/29/2026
** 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 did HYMC disclose in this Form 4 for David Brian Thomas?

HYMC disclosed a new RSU grant to SVP and General Manager David Brian Thomas. He received 117,166 RSUs on January 27, 2026, plus a related tax withholding transaction, updating his total direct beneficial ownership in Hycroft Mining Holding Corp. shares.

How many RSUs were granted to the HYMC executive in this filing?

The executive received 117,166 restricted stock units (RSUs). These RSUs convert into Class A Common Stock on a one‑for‑one basis and vest over time, subject to his continued employment with Hycroft Mining Holding Corp. according to the schedule described in the filing.

What is the vesting schedule for the 117,166 HYMC RSUs?

The RSUs vest in stages. 17,306 RSUs vested on January 27, 2026. Then 45,504 RSUs vest after one year, 35,370 RSUs after 18 months, and 18,986 RSUs after two years, all contingent on continued employment with HYMC.

How many HYMC shares does the executive beneficially own after these transactions?

After the reported transactions, the executive directly beneficially owned 193,857 shares of HYMC Class A Common Stock. This total includes 174,327 unvested RSUs as of January 29, 2026, reflecting both granted and still‑vesting equity awards.

What was the purpose of the 4,379 HYMC shares reported with code F?

The transaction coded F reflects 4,379 shares of HYMC Class A Common Stock withheld at $50.5 per share. Such F‑code transactions typically represent shares withheld to cover taxes arising from equity vesting or settlement events for the reporting person.

Does this HYMC Form 4 involve derivative securities or only common stock and RSUs?

This Form 4 centers on Class A Common Stock and RSUs. The RSUs are equity awards that convert into common shares on a one‑for‑one basis as they vest. The tables do not show options, warrants, or other derivative securities for this reporting event.
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