Form 4: Hecla Mining Co: Sr. VP & CAO Michael L. Clary Reports Stock Transactions

Michael L. Clary, Sr. VP & CAO of Hecla Mining Co, reports acquisition and disposal of company stock related to a long-term incentive plan and tax liabilities.

Summary

• On February 24, 2025, Michael L. Clary acquired 47,667 shares of Hecla Mining Co. common stock as part of a long-term incentive plan award.
• The acquisition price was $0.
• On February 26, 2025, Clary sold 32,387 shares at $5.18 per share to cover tax liabilities related to the long-term incentive plan.
• Following these transactions, Clary directly owns 246,440 shares and indirectly owns 12,503 shares held in a 401(k) plan.
• The 401(k) holdings are estimated to be 12,503 shares based on 1,037.756 units in the Hecla Mining Company Capital Accumulation Plan.

Sentiment

Score: 5

Explanation: Neutral sentiment as the transactions are related to compensation and tax obligations, with no indication of significant positive or negative implications for the company.

Positives

• The acquisition of shares through the long-term incentive plan aligns Clary's interests with the company's long-term performance.

Negatives

• The sale of shares to cover tax liabilities reduces Clary's direct holdings in the company.

Industry Context

Insider trading activity is always closely watched by investors. This filing is a routine disclosure of stock transactions by a company executive.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they primarily reflect internal compensation and tax-related activities.

Key Dates