Russell D. Lawlar - 02 Mar 2026 Form 4 Insider Report for HECLA MINING CO/DE/ (HL)

Role
Sr. Vice President & COO
Signature
Tami D. Whitman, Attorney-in-Fact for Russell D. Lawlar
Issuer symbol
HL
Transactions as of
02 Mar 2026
Net transactions value
$0
Form type
4
Filing time
04 Mar 2026, 17:39:03 UTC
Previous filing
12 Nov 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Lawlar Russell Douglas Sr. Vice President & COO 6500 N. MINERAL DR., SUITE 200, COEUR D'ALENE Tami D. Whitman, Attorney-in-Fact for Russell D. Lawlar 04 Mar 2026 0001841980

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HL Common Stock Options Exercise +29,609 +16% $0.000000* 210,823 02 Mar 2026 Direct F4, F5
transaction HL Common Stock Tax liability -14,377 -6.8% $24.63* 196,446 02 Mar 2026 Direct F6, F7

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HL Performance rights Options Exercise +29,609 +28% $0.000000* 136,579 02 Mar 2026 Common Stock 29,609 $0.000000 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 21, 2023, Mr. Lawlar was awarded performance rights. The performance rights represented a contingent right to receive between $74,763 and $299,050 worth of Hecla Mining Company common stock based on Hecla's Total Shareholder Return performance over the 3-year period (January 1, 2023 to December 31, 2025), based on the following percentile rank within Hecla's peer group companies: (1) 100th percentile rank among peers = maximum award at 200% of target ($299,050 in stock); 40th to 60th percentile rank among peers = target at grant value ($149,525 in stock); and 25th percentile rank among peers = threshold award at 50% of target ($74,763 in stock).
F2 In reporting the number of performance rights at the time of the award, Mr. Lawlar assumed a target (i.e., $149,525 in stock), with the common stock valued at the closing price on the day of the award ($5.05), and therefore reported an award of 29,609 performance rights. Based on Hecla Mining Company's total shareholder return ranking, Mr. Lawlar's award value was 100% and he therefore received 29,609 shares in settlement of the award (with the shares valued at the $5,.05 closing price on June 21, 2023).
F3 Consists of outstanding performance rights.
F4 See footnotes (1) and (2). Shares received upon settlement of performance rights awarded in June 2023.
F5 Consists of 83,171 shares held directly, and 127,652 unvested restricted stock units.
F6 Shares withheld for tax liability on 29,609 performance rights that vested.
F7 Consists of 68,794 shares held directly, and 127,652 unvested restricted stock units.