SEC Form 4 · accession 0001869029-26-000005
HECLA MINING CO/DE/ · HL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kurt Allen
Officer — Vice President - Exploration
Period of report
Jun 22, 2026
Accepted (ET)
Jun 24, 2026 · 9:24 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 | 14,309 | $15.98 | D | 316,223 | D | |
| Common StockF3,F4 | Jun 22, 2026 | A | 19,548 | $15.98 | A | 316,223 | D | |
| Common StockF5 | Jun 22, 2026 | J | 28,117 | $0.00 | A | 28,117 | 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 | 19,548 | A | Jan 1, 2029 | Jan 1, 2029 | Common Stock | 19,548 | 316,223 | D |
Explanation of responses
- F1Mr. Allen was awarded (i) 32,673 restricted stock units on June 21, 2023, 48,138 restricted stock units on June 21, 2024, and 51,869 restricted stock units on June 21, 2025.
- F2Consists of 98,378 shares held directly, 28,117 in 401(k) Plan, 119,555 unvested performance-based rights, and 70,173 unvested restricted stock units.
- F3Award of restricted stock units that vest as follows: 6,516 shares on June 21, 2027, 6,516 shares on June 21, 2028, and 6,516 shares on June 21, 2029.
- F4See footnote 2.
- F5Held as 2,351.451 units in Mr. Allen's 401(k) account under the Hecla Mining Company Capital Accumulation Plan and estimated to be 28,117 shares.
- F6Mr. Allen was awarded performance rights representing the contingent right to receive between $312,375 and $624,750 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. Allen under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of target ($624,750 in stock) 50th percentile rank among peers = target award at grant value ($312,375 in stock), and 0 percentile rank among peers = threshold award below 25% of target.
- F7See footnote 2.