Aguiar Rodriguez Carlos Roberto 4

What Happened

• Carlos Roberto Aguiar, Sr. VP & COO of Hecla Mining Co. (HL), had restricted stock units vest on June 22, 2026. The filing shows an award/acquisition of 24,640 shares valued at $15.98 each (total ~$393,747).
• To cover tax withholding on the vested units, the company withheld/disposed 21,659 shares at $15.98 each for proceeds of $346,111 (a cashless tax-withholding disposition).
• The report also records an acquisition of 10,210 shares at $0 (representing units held in his 401(k)) and a grant of 24,640 derivative/zero-priced restricted stock units that vest in future years (see Key Details).

Key Details

• Transaction date: June 22, 2026; Form 4 filed June 24, 2026 (reports same-date transactions two days later).
• Cashless tax withholding: 21,659 shares disposed at $15.98 → $346,111 (code F).
• Vested/awarded shares: 24,640 acquired at $15.98 → $393,747 (code A).
• Other recorded acquisitions: 10,210 shares (401(k) units, code J) and 24,640 derivative RSUs granted at $0 (code A, derivative).
• Holdings after transactions (per filing footnote): 99,255 shares held directly; 10,210 shares estimated in 401(k); 138,177 performance-based rights; 84,285 unvested stock units.
• Notable footnotes:
  • One‑third of previously awarded RSUs vested on 6/22/26; the 21,659-share disposition was to satisfy tax withholding (F1).
  • The 24,640 zero-priced units vest over June 21 of 2027–2029 (8,214; 8,213; 8,213) (F3).
  • Performance rights (138,177) represent contingent awards valued between ~$393,750 and ~$787,500 depending on 3‑year TSR performance vs peers (F6).
• Filing timeliness: Transactions reported for 6/22/26 and Form 4 filed 6/24/26 (no late-filing flag noted in the filing).

Context

• This was primarily a vesting event, not an open-market purchase or an opportunistic sale; the disposition was a routine, cashless tax withholding (common when RSUs vest).
• The zero-price/derivative line items reflect restricted stock units and performance rights (contingent awards), which vest over time and do not indicate an immediate cash transaction.