Form 4: Hecla Mining Executive Sells Shares, Acquires 401(k) Stock

Hecla Mining's Sr. VP & CAO, Michael L. Clary, reported a direct sale of 75,000 common shares and an indirect acquisition of 16,207 shares through his 401(k) plan.

Summary

• Michael L. Clary, Senior Vice President & Chief Accounting Officer of Hecla Mining Co./DE/, reported transactions involving the company's common stock.
• On December 19, 2025, Mr. Clary directly disposed of 75,000 shares of common stock at a price of $20.3 per share.
• Following this sale, Mr. Clary directly beneficially owns 356,672 shares, which include 84,746 shares held directly, 153,861 unvested performance-based shares, and 118,065 unvested restricted stock units.
• On December 18, 2025, Mr. Clary indirectly acquired 16,207 shares of common stock at a price of $0, held as units in his 401(k) account under the Hecla Mining Company Capital Accumulation Plan.
• Following this acquisition, Mr. Clary indirectly beneficially owns 16,207 shares through his 401(k) plan.

Sentiment

Score: 4

Explanation: The direct sale of a substantial number of shares by a senior executive, while partially offset by an indirect acquisition through a 401(k) plan, generally indicates a slightly negative sentiment regarding the executive's immediate personal equity exposure to the company.

Positives

• Michael L. Clary acquired 16,207 shares indirectly through his 401(k) plan, indicating continued participation in the company's long-term savings program.

Negatives

• Michael L. Clary directly disposed of a significant block of 75,000 common shares, which could be interpreted as a reduction in direct personal exposure to the company's equity.

Future Outlook

N/A

Industry Context

N/A

Stakeholder Impact

• Shareholders may view the direct sale of a significant number of shares by a senior executive as a potential signal, which could influence investor sentiment regarding the company's stock.

Key Dates

Keywords

Hecla Mining, HL, Insider Trading, Form 4, Stock Sale, Stock Acquisition, Executive Compensation, 401(k) Plan, Common Stock