Lawlar Russell Douglas 4/A

What Happened

• Douglas Lawlar, Sr. VP & CFO of Hecla Mining Company (HL), had restricted stock units vest on June 22, 2026. To cover the tax liability on the vesting, Hecla withheld and disposed of 31,764 shares at $15.98 each (proceeds $507,589). The filing also shows acquisition/credit of 24,640 vested RSUs valued at $15.98 ($393,747), an additional 24,640 RSU entry reported as a derivative award, and 1,130 shares acquired via his 401(k) (no cash change reported).

Key Details

• Transaction date: June 22, 2026; Form 4 filed (amended) June 24, 2026.
• Withholding sale: 31,764 shares disposed at $15.98 = $507,589 (code F = tax withholding).
• Vested award: 24,640 shares shown at $15.98 = $393,747 (code A = award/grant); a matching 24,640-share derivative entry is also reported (RSU accounting).
• 1,130 shares acquired in 401(k) (code J), reported at $0.00 (estimated as 94.472 units ≈ 1,130 shares per footnote).
• Shares owned after transaction (per filing footnote): 97,357 shares held directly; ~1,130 shares via 401(k); 161,219 performance-based units; 91,965 unvested RSUs.
• This is an amended Form 4 (noted in filing). The filing date is two days after the transaction date (within typical Form 4 timing).

Context

• This was routine RSU vesting with company withholding to cover taxes (not an open-market sale or a bearish signal). The sale was solely to satisfy tax obligations.
• The filing also discloses performance-based units/rights (possible future shares depending on Hecla’s total shareholder return vs peers over 2026–2028) — these are contingent awards, not current share sales or purchases.