Boggs Catherine J 4

What Happened

• Catherine J. Boggs, a director of Hecla Mining Company (HL), received a total of 14,422 shares on 2026-06-22. This consists of a 10,816-share award under the Hecla Mining Company Stock Plan for Nonemployee Directors and a 3,606-share allocation to a trust. The filings value the shares at $8.67 each (the prior calendar year average NYSE closing price), totaling $93,748 for the award and $31,255 for the trust allocation — $125,003 combined. This is a compensation/award transaction (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-06-22; price used: $8.67 per share (F2: 2025 average NYSE close).
• Breakdown: 10,816 shares (award) and 3,606 shares (trust allocation) — 75% direct / 25% to trust per Ms. Boggs' election (F4).
• Total reported value: $125,003 (10,816 × $8.67 = $93,748; 3,606 × $8.67 = $31,255).
• Shares owned after the transaction (per filing): 261,252 shares held directly and 6,070 shares deferred into trust under the 2010 plan (total 267,322) (F6).
• Footnotes: F1/F3 indicate shares tied to the Nonemployee Directors Stock Plan; F2 explains the $8.67 price; F6 gives the ownership breakdown.
• Filing timeliness: Report filed on 2026-06-22 (same day), so appears timely.

Context

• This transaction reflects director compensation under Hecla’s nonemployee director stock plan rather than a market buy or sell. Such awards are routine and used to compensate and align directors with shareholder interests; they do not necessarily signal the director’s personal view on the stock. The price used to value the award is an average closing price (F2), not the actual market trade price on the transaction date.