4Filed Sep 2, 8:00 PM ET
Hycroft (HYMC) Director Josh Olmsted Receives RSU Awards
$HYMC · HYCROFT MINING HOLDING CORPResearch Summary
AI-generated summary of this SEC filing
Hycroft (HYMC) Director Josh Olmsted Receives RSU Awards
What Happened
- Josh F. Olmsted, a director of Hycroft Mining Holding Corp (HYMC), received two restricted stock unit (RSU) awards on September 1, 2026 totaling 4,068 RSUs (2,257 RSUs and 1,811 RSUs). Each RSU is a contingent right to receive one share of the company's Class A common stock. Both awards were granted at $0.00 per RSU (typical for RSU awards — no cash purchase).
Key Details
- Transaction date: September 1, 2026; Form 4 filed September 3, 2026 (appears timely).
- Awards: 2,257 RSUs (vesting: 33% on 9/1/2027, 33% on 9/1/2028, 34% on 9/1/2029); 1,811 RSUs (vesting: 100% on 9/1/2027).
- Total RSUs granted: 4,068.
- Price: $0.00 per RSU (award/grant).
- Shares owned after transaction: not reported in the provided data.
- Notable footnote: RSUs convert to common shares upon vesting; if the reporting person is prohibited from trading at conversion, the company’s Compensation Committee may delay conversion until the second trading day after trading is permitted.
Context
- These are compensatory RSU grants (awards), not open-market purchases or sales — they are typically used for retention and alignment with shareholders rather than immediate insider buying/selling. RSUs do not represent owned shares until they vest and convert into actual stock; market value will depend on HYMC’s share price at conversion.