SEC Form 4 · accession 0002024032-26-000001
HECLA MINING CO/DE/ · HL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stuart Maurice Absolom
Officer — Vice President & PAO
Period of report
Jun 22, 2026
Accepted (ET)
Jun 25, 2026 · 11:38 am 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 | 7,070 | $15.98 | D | 95,259 | D | |
| Common StockF3,F4 | Jun 22, 2026 | A | 6,258 | $15.98 | A | 95,259 | D | |
| Common StockF5 | Jun 22, 2026 | J | 16,613 | $0.00 | A | 16,613 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common StockF6,F7 | $0.00 | Jun 22, 2026 | A | 6,258 | A | Jan 1, 2029 | Jan 1, 2029 | Common Stock | 6,258 | 95,259 | D |
Explanation of responses
- F1Mr. Absolom was awarded (i) 19,802 restricted stock units on June 21, 2023, 19,342 restricted stock units on June 21, 2024, and 17,182 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 7,070 shares.
- F2Consists of 11,705 shares held directly, 16,613 shares in 401(k) Plan, 42,782 unvested performance-based rights, and 24,159 unvested restricted stock units.
- F3Award of restricted stock units that vest as follows: 2,086 shares on June 21, 2027, 2,086 on June 21, 2028, and 2,086 shares on June 21, 2029.
- F4See footnote 2.
- F5Held as 1,389.383 units in Mr. Absolom's 401(k) account under the Hecla Mining Company Capital Accumulation Plan and estimated to be 16,613 shares.
- F6Mr. Absolom was awarded performance rights representing the contingent right to receive between $100,000 and $200,000 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. Absolom under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of target ($200,000) in stock); 50th percentile rank among peers = target award at grant value ($100,000 in stock), and 0 percentile rank among peers = threshold award below 25% of target.
- F7See footnote 2.