Kurt Allen - 02 Mar 2026 Form 4 Insider Report for HECLA MINING CO/DE/ (HL)

Role
Vice President - Exploration
Signature
Tami D. Whitman, Attorney-in-Fact for Kurt Allen
Issuer symbol
HL
Transactions as of
02 Mar 2026
Net transactions value
$0
Form type
4
Filing time
04 Mar 2026, 18:41:08 UTC
Previous filing
06 Jan 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Allen Kurt Vice President - Exploration 6500 N. MINERAL DR., SUITE 200, COEUR D'ALENE Tami D. Whitman, Attorney-in-Fact for Kurt Allen 04 Mar 2026 0001869029

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HL Common Stock Options Exercise +21,782 +15% $0.000000* 168,853 02 Mar 2026 Direct F4, F5
transaction HL Common Stock Tax liability -5,541 -3.3% $24.63* 163,312 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 +21,782 +28% $0.000000* 100,007 02 Mar 2026 Common Stock 21,782 $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 In June 2023, Mr. Allen was awarded performance rights representing the contingent right to receive between $55,000 and $220,000 worth of Hecla Mining Company common stock based on Hecla Mining Company's Total Shareholder Return over the 3-year period (January 1, 2023 to December 31, 2025), based on the following percentile rank within Hecla's peer group companies: 100th percentile rank among peers = maximum award at 200% of target ($220,000 in stock); 40th to 60th percentile rank among peers = target award at grant value ($110,000 in stock); and 25th percentile rank among peers = threshold award at 50% of target ($55,000 in stock).
F2 In reporting the number of performance rights at the time of the award, Mr. Allen assumed a target (i.e., $110,000 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 21,782 performance rights. Based on Hecla Mining Company's total shareholder return ranking, Mr. Allen's award value was 100% and he therefore received 21,782 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 74,001 shares held directly, and 94,852 unvested restricted stock units.
F6 Shares withheld for tax liability on 21,782 performance rights that vested.
F7 Consists of 68,460 shares held directly, and 94,852 unvested restricted stock units.