SEC Form 4 · accession 0001667482-26-000002
HECLA MINING CO/DE/ · HL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Denis Brown
Officer — VP - Corporate Development
Period of report
Jun 22, 2026
Accepted (ET)
Jun 24, 2026 · 8:42 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0000719413
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jun 22, 2026 | F | 27,043 | $15.98 | D | 594,056 | D | |
| Common StockF3,F4 | Jun 22, 2026 | A | 20,424 | $15.98 | A | 594,056 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance rightsF5,F6 | $0.00 | Jun 22, 2026 | A | 20,424 | A | Jan 1, 2029 | Jan 1, 2029 | Common Stock | 20,424 | 594,056 | D |
Explanation of responses
- F1Mr. Brown was awarded (i) 37,030 restricted stock units on June 21, 2023, (ii) 60,479 restricted stock units on June 21, 2024, and (iii) 54,124 restricted stock units on June 23, 2025. One-third of those restricted stock units vested on June 22, 2026. To cover his tax liability on those vested units, Hecla Mining Company withheld 27,043 shares.
- F2Consists of 382,364 shares held directly, 135,027 unvested performance-based rights, and 76,665 unvested restricted stock units.
- F3Award of restricted stock units that vest as follows: 6,808 shares on June 21, 2027, 6,808 shares on June 21, 2028, and 6,808 shares on June 21, 2029.
- F4See footnote 2.
- F5Mr. Brown was awarded performance rights representing the contingent right to receive between $326,375 and $652,750 worth of Hecla Mining Company common stock based on Hecla Mining Company's Total Shareholder Return performance over the 3-year period (January 1, 2026 to December 31, 2028) relative to our peers. Examples of the potential grant of shares to Mr. Brown under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of target ($652,750 in stock); 50th percentile rank among peers = target award at grant value ($326,375 in stock), and 0 percentile rank among peers = threshold award below 25% of target.
- F6See footnote 2.