Rickertsen Rick 4
4 · Hut 8 Corp. · Filed May 13, 2026
Research Summary
AI-generated summary of this filing
Hut 8 (HUT) Director Rickertsen Rick Sells Shares
What Happened
- Rickertsen Rick, a director of Hut 8 Corp. (HUT), sold a total of 33,987 common shares in two open-market transactions: 16,496 shares on 2026-05-11 at $105.00 each for $1,732,080, and 17,491 shares on 2026-05-13 at $110.00 each for $1,924,010. Total proceeds were approximately $3,656,090. These were sales (code S) reported on a Form 4.
Key Details
- Transaction dates and amounts:
- 2026-05-11: 16,496 shares sold @ $105.00 — $1,732,080
- 2026-05-13: 17,491 shares sold @ $110.00 — $1,924,010
- Total shares sold: 33,987; total proceeds: ~$3.66M.
- Shares owned after the transactions: not specified in the provided filing summary.
- Footnotes in the filing:
- F1: DSUs (deferred stock units) represent rights to one share each; vested and will settle in stock or cash upon separation.
- F2: RSUs represent rights to one share each; will settle in stock or cash at issuer's discretion.
- F3: Certain RSUs vest on the date of the 2026 Annual General Meeting.
- Filing timeliness: Form 4 was filed 2026-05-13; that appears to be a timely filing for the reported transactions. No 10b5‑1 trading plan or other special arrangement was disclosed in the provided excerpt.
Context
- These were open-market sales (routine dispositions). Sales do not necessarily indicate management’s view of the company; purchases tend to be more materially informative about insider sentiment.
Insider Transaction Report
Form 4
Hut 8 Corp.HUT
Rickertsen Rick
Director
Transactions
- Sale
Common Stock
2026-05-11$105.00/sh−16,496$1,732,080→ 17,491 total - Sale
Common Stock
2026-05-13$110.00/sh−17,491$1,924,010→ 0 total
Holdings
- 16,748
Deferred Stock Units
[F1]→ Common Stock (16,748 underlying) - 14,775
Restricted Stock Units
[F2][F3]→ Common Stock (14,775 underlying)
Footnotes (3)
- [F1]Each deferred stock unit ("DSU") represents a contingent right to receive one share of the Issuer's common stock. Each DSU is fully vested and will be settled in either common stock or cash (or a combination thereof) at the discretion of the Issuer following the reporting person's separation from service from the Issuer.
- [F2]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Issuer common stock. The RSUs will be settled in either common stock or cash (or a combination thereof) at the discretion of the Issuer.
- [F3]These RSUs vest on the date of the 2026 Annual General Meeting of the Stockholders of the Issuer.
Signature
/s/ Victor Semah, as Attorney-in-Fact|2026-05-13