Gehring Dean 4
Research Summary
AI-generated summary
Hecla (HL) Director Dean Gehring Receives 14,422 Shares
What Happened
Dean Gehring, a director of Hecla Mining Co. (HL), received director compensation on 2026-06-22 consisting of 14,422 shares valued at $8.67 per share. The filing lists two related acquisitions of 7,211 shares each (one coded A = award/grant, one coded J = other acquisition/allocation to trust), each valued at $62,501, for a combined value of approximately $125,002. The $8.67 price is the average NYSE closing price for Hecla common stock for calendar year 2025 (see footnote).
Key Details
- Transaction date: 2026-06-22. Report filed same day (appears timely).
- Price used for valuation: $8.67 per share (average 2025 NYSE closing price).
- Shares acquired: total 14,422 — split 7,211 received directly and 7,211 allocated to a trust under the Hecla Stock Plan for Nonemployee Directors (per footnote F4).
- Reported values: $62,501 for each 7,211 tranche; combined ≈ $125,002.
- Filing codes: A = grant/award; J = other acquisition/allocation (trust).
- Footnotes: F1–F6 explain the trust allocation, valuation method, and note totals held in trust and directly (the excerpt does not list the aggregate totals held after the transaction).
- This was an award/compensation, not an open-market purchase or sale.
Context
This appears to be routine director compensation (stock award and allocation to a director trust). Such awards are standard for non-employee directors and do not, by themselves, indicate the director is buying or selling based on a view of the stock — they reflect compensation and plan elections (here, a 50/50 split to direct holding vs. trust). If you want, I can pull the full Form 4 text to show the total holdings reported after the award.