Derivative exercise or conversion — not an open-market buy.
Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell
View the official recordSEC Form 4 — Statement of Changes in Beneficial OwnershipAll the details
Dates, kept separate
Transaction date
Mar 2, 2026
Reporting period
Not applicable
Filed with the SEC
Mar 4, 2026
OfficerOption exercise
Context
Classification
option exercise
Code M — exercise or conversion of a derivative security
Planned / mechanical clue
None found in footnotes
Only flagged when a footnote says so; never inferred
Source receipt
Record ID
0001481905-26-000001
Filed / recorded
Mar 4, 2026, 11:58 PM UTC
Added to OQRO
Oct 6, 2026, 7:59 PM UTC
Parser
form4-xml-v2
Data quality
Verified: identifiers matched exactly
Issuer
HECLA MINING CO/DE/
Issuer CIK
719413
Ticker
HL
Reporting person
David C Sienko
Relationship
Officer
Officer title
S. Vice President, GC & Secy.
Security
Performance rights
Table
Derivative (Table II)
Transaction date
Mar 2, 2026
Transaction code
M
Shares / units
23,881
Price per share
$0.00
Acquired / disposed
Acquired (A)
Shares owned after
115,634
Ownership form
Direct
Amendment
No
Footnotes from the filing
In June 2023, Mr. Sienko was awarded performance rights representing the contingent right to receive between $60,300 and $241,200 worth of Hecla Mining Company common stock based on Hecla Mining Company's Total shareholder Return p4erformanc over the 3-year period (January 1, 2023 to December 31, 2025) based on the following p4ercentile rank within Hecla's pe4er group companies: 100th percentile rank among peers = maximum award at 200% of target ($241,200 in stock); 40th to 60th percentile rank among peers = target at grant value ($120,600 in stock); and 25th percentile rank among peers = threshold award at 50% of target ($60,300 in stock).
In reporting the number of performance rights at the time of the award, Mr. Sienko assumed a target (i.e., $120,600 in stock), with the common stock valued at the closing price on the day of the award ($5.05), and therefore reported an award of 23,881 performance rights. Based on Hecla Mining Company's total shareholder return ranking, Mr. Sienko's award value was 100% and he therefore received 23,881 shares in settlement of the award (with the shares valued at the $5.05 closing price on June 21, 2023).
