(HL)

Reporting relationship: Sr. VP & CAO
Issuer ticker: HL
Reported as of: 23 Jun 2025
Net transaction value: +$182,573
SEC form: 4
Accepted by SEC: 25 Jun 2025, 18:03:09 UTC
Prior SEC filing: 26 Feb 2025
Next SEC filing: 19 Dec 2025
Source filing: View source filing
Reporting owner signature: Tami D. Whitman, Attorney-in-Fact for Michael L. Clary

Key filing fact

Michael L. Clary filed Form 4 for HECLA MINING CO/DE/ (HL) on 25 Jun 2025.

Key facts

This page summarizes Michael L. Clary's Form 4 filing for HECLA MINING CO/DE/ (HL).
4 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 25 Jun 2025, 18:03.

Change

Previous filing in this sequence was filed on 26 Feb 2025.
Current net transaction value: +$182,573.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001867048 Primary reporting owner

Clary Michael L.

Relationship: Sr. VP & CAO
Address: 6500 N. MINERAL DR., SUITE 200, COEUR D'ALENE
Signature: Tami D. Whitman, Attorney-in-Fact for Michael L. Clary
Signature date: 25 Jun 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

HL transaction

Common Stock

Tax liability

Transaction value: $167,424
Shares: -28,767
Change %: -6.2%
Price: $5.82
Shares after: 431,672
Date: 23 Jun 2025
Ownership: Direct
Footnotes: F1, F2

HL transaction

Common Stock

Award

Transaction value: $349,997
Shares: +60,137
Change %: +16%
Price: $5.82
Shares after: 431,672
Date: 23 Jun 2025
Ownership: Direct
Footnotes: F3, F4

HL transaction

Common Stock

Other

Transaction value: $0
Shares: +16,271
Change %
Price: $0.000000
Shares after: 16,271
Date: 23 Jun 2025
Ownership: 401(k) Plan
Footnotes: F5

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

HL transaction Derivative

Performance rights

Award

Transaction value: $0
Shares: +60,137
Change %: +16%
Price: $0.000000
Shares after: 431,672
Date: 23 Jun 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 60,137
Exercise price: $0.000000
Footnotes: F6, F7

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

Mr. Clary was awarded (i) 40,632 restricted stock units on June 21, 2022; 40,990 restricted stock units on June 21, 2023; and 66,397 restricted stock units on June 21, 2024. One-third of those restricted stock units vested on June 23, 2025. To cover his tax liability on those vested units, Hecla Mining Company withheld 28,767 shares.

Footnote F2

Consists of 159,746 shares held directly, 153,861 performance-based units, and 118,065 unvested restricted stock units.

Footnote F3

Award of restricted stock units that vest as follows: 20,046 shares on June 21, 2026; 20,046 shares on June 21, 2027; and 20,045 shares on June 21, 2028.

Footnote F4

See footnote 2.

Footnote F5

Held as 1,359.025 units in Mr. Clary's 401(k) account under the Hecla Mining Company Capital Accumulation Plan and estimated to be 16,271 shares.

Footnote F6

Mr. Clary was awarded performance rights representing the contingent right to receive between $350,000 and $700,000 worth of Hecla Mining Company common stock based on Hecla Mining Company's Total Shareholder Return performance over the 3-year period (January 1, 2025 to December 31, 2027) relative to our peers. Examples of the potential grant of shares to Mr. Clary under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of target ($700,000 in stock);; 50th percentile rank among peers = target award at grant value ($350,000 in stock), and 0 percentile rank among peers = threshold award below 25% of target.

Footnote F7

See footnote 2.