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HECLA MINING CO/DE/·4

Mar 4, 7:22 PM ET

Aguiar Rodriguez Carlos Roberto 4

4 · HECLA MINING CO/DE/ · Filed Mar 4, 2026

Insider Transaction Report

Form 4
Period: 2026-03-02
HECLA MINING CO/DE/HL
Aguiar Rodriguez Carlos Roberto
Sr. Vice President & COO
Transactions
  • Exercise/Conversion

    Common Stock

    [F4][F5]
    2026-03-02+21,318→ 213,925 total
  • Tax Payment

    Common Stock

    [F6][F7]
    2026-03-02$24.63/sh+6,520$160,588→ 207,405 total
  • Exercise/Conversion

    Performance rights

    [F1][F2][F3]
    2026-03-02+21,318→ 113,537 total
    Exercise: $0.00From: 2025-12-31Exp: 2025-12-31→ Common Stock (21,318 underlying)
Footnotes (7)
  • [F1]In August 2023, Mr. Aguiar was awarded performance rights representing the contingent right to receive between $55,000 and $220,000 worth of Hecla Mining Company common stock based on Hecla Mining Company's Total Shareholder Return performance over the 3-year period (January 1, 2023 to December 31, 2025) relative to our peers, based on the following percentile rank within Hecla's peer group companies: 100th percentile rank among peers = maximum award at 200% of target ($220,000 in stock); 40th to 60th percentile rank among peers = target at grant value ($110,000 in stock(); and 25th percentile rank among peers = threshold award at 50% of target ($55,000 in stock).
  • [F2]In reporting the number of performance rights at the time of the award, Mr. Aguiar assumed a target (i.e., $110,000 in stock), with the common stock valued at the closing price on the day of the award ($5.16), and therefore reported an award of 21,318 performance rights. Based on Hecla Mining Company's total shareholder return ranking, Mr. Aguiar's award value was 100% and he therefore received 21,318 shares in settlement of the award (with the shares valued at the $5.16 closing price on August 7, 2023).
  • [F3]Consists of outstanding performance rights.
  • [F4]See footnotes (1) and (2). Shares received upon settlement of performance rights awarded in August 2023.
  • [F5]Consists of 105,775 shares held directly, and 108,150 unvested restricted stock units.
  • [F6]Shares withheld for tax liability of 21,318 performance rights that vested.
  • [F7]Consists of 99,255 shares held directly, and 108,150 unvested restricted stock units.
Signature
Tami D. Whitman, Attorney-in-Fact for Carlos Aguiar Rodriguez|2026-03-04

Documents

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  • 4
    primary_doc.xmlPrimary

    PRIMARY DOCUMENT