SEC Form 4 · accession 0001841980-26-000003
HECLA MINING CO/DE/ · HL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Russell Douglas Lawlar
Officer — Sr. VP & CFO
Period of report
Jun 22, 2026
Accepted (ET)
Jun 24, 2026 · 6:39 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 | 79,437 | $15.98 | D | 302,808 | D | |
| Common StockF3,F4 | Jun 22, 2026 | A | 24,640 | $15.98 | A | 302,808 | D | |
| Common StockF5 | Jun 22, 2026 | J | 1,130 | $0.00 | A | 1,130 | I | Held in 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance rightsF6,F7 | $0.00 | Jun 22, 2026 | A | 24,640 | A | Jan 1, 2029 | Jan 1, 2029 | Common Stock | 24,640 | 302,808 | D |
Explanation of responses
- F1Mr. Lawlar was awarded 44,401 restricted stock units on June 21, 2023; 71,180 restricted stock units on June 21, 2024; and 65,399 shares on June 23, 2025. One-third of those restricted stock units vested on June 22, 2026. to cover his ta liability on those vested units, Hecla Mining Company withheld 79,437 shares.
- F2Consists of 49,624 shares held directly, 161,219 performance-based units, and 91,965 unvested restricted stock units.
- F3Award of restricted stock units that vest as follows: 8,214 on June 21, 2027; 8,213 shares on June 21, 2028, and 8,213 shares on Juned 21, 2029.
- F4See footnote 2.
- F5Held as 94.472 units in Mr. Lawlar's 401(k) account under the Hecla Mining Company Capital Accumulation Plan and estimated to be 1,130 shares.
- F6Mr. Lawlar was awarded performance rights representing the contingent right to receive between $393,750 and $787,500 worth in 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. Lawlar under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of target ($787,500 in stock); 50th percentile rank among peers = target award at grant value ($393,750 in stock), and 0 percentile rank among peers = threshold award below 25% of target.
- F7See footnote 2.