HECLA MINING CO/DE/ 8-K

What Happened Hecla Mining Company announced that longtime director Stephen F. Ralbovsky retired from the Board effective February 19, 2026. At the time of his retirement Mr. Ralbovsky was Chair of the Audit Committee and a member of the Health, Safety, Environmental & Technical and Governance & Social Responsibility Committees; he had served on the Board since 2016 and reported no disagreements with the company. On February 19, 2026, the Board appointed Jill Satre as Chair of the Audit Committee.

Key Details

• Mr. Stephen F. Ralbovsky retired from Hecla’s Board effective February 19, 2026; Board member since 2016.
• Ms. Jill Satre was appointed Audit Committee Chair on February 19, 2026; she joined the Board in October 2024 and has served on the Audit Committee since then.
• Ms. Satre is VP, Internal Audit & Corporate Compliance at TC Energy (since March 2023), was a partner at PricewaterhouseCoopers (2000–2023), and holds a Chartered Professional Accountant designation (Alberta) and is an inactive CPA (California).
• The filing states Mr. Ralbovsky did not advise the company of any disagreement with its operations, policies, or practices.

Why It Matters A change in audit committee leadership is material for investors because the committee oversees financial reporting, internal controls and audit oversight. Appointing Jill Satre — an experienced audit and compliance executive with Big Four and in‑house experience — signals continuity in oversight. The filing confirms the transition was voluntary and not due to any reported dispute with management or the Board.