GARRETT DIANE R 4
Research Summary
AI-generated summary
Hycroft Mining (HYMC) CEO Diane R. Garrett Sells 21,550 Shares
What Happened
- Diane R. Garrett, Chair, President & CEO and a director of Hycroft Mining Holding Corp. (HYMC), disposed of 21,550 shares of Class A common stock in an open-market sale on June 4, 2026. The reported weighted-average price was $31.50, for a total proceeds value of $678,825.
- The sale was made to facilitate payment of taxes related to vested restricted stock units (RSUs) that converted to shares of common stock, per the filing footnote.
Key Details
- Transaction date: June 4, 2026.
- Shares sold: 21,550; weighted-average price: $31.50; price range reported: $30.36 to $32.00.
- Total proceeds: $678,825.
- Purpose: Tax withholding on vested RSUs (footnote F1).
- Pricing disclosure: Weighted-average price; reporting person will provide breakdown by price on request (footnote F2).
- Other RSU info: Filing notes 683,997 RSUs were unvested as of June 8, 2026 (footnote F3).
- Ownership after transaction: Not specified in the provided excerpt.
- Filing timeliness: Filed June 8, 2026 for a June 4 transaction (filed within the typical 2-business-day Form 4 window).
Context
- This was a sale to cover tax obligations on vested RSUs (a common, routine insider transaction), not a new open‑market purchase or option exercise. Such sales generally reflect tax withholding needs rather than an explicit statement about the insider’s view of the company.