HECLA MINING CO/DE/ — Director's Dealing 2025

Jun 25, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HECLA MINING CO/DE/ (HL)
CIK: 0000719413
Period of Report: 2025-06-23

Reporting Person: Brown Robert Denis (VP - Corporate Development)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-06-23	Common Stock	F	24234	$5.82	Disposed	593652	Direct
2025-06-23	Common Stock	A	54124	$5.82	Acquired	593652	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-06-23	Performance rights	$0	A	54124	Acquired	2028-01-01	Common Stock (54124)	Direct

Footnotes

F1: Mr. Brown was awarded (1) 38,374 restricted stock units on June 21, 2022; 37,030 restricted stock units on June 21, 2023; and 60,479 restricted stock units on June 21, 2024. One-third of those restricted stock units vested on June 23, 2025. To cover his tax liability on those vested units, Hecla Mining company withheld 24,234 shares.

F2: Consists of 347,214 shares held directly, 139,653 performance-based units, and 106,785 unvested restricted stock units.

F3: Award of restricted stock units that vest as follows: 18,042 shares on June 21, 2026; 18,041 shares on June 21, 2027; and 18,041 shares on June 21, 2028.

F4: See footnote 2.

F5: Mr. Brown was awarded performance rights representing the contingent right to receive between $315,000 and $630,000 worth of Hecla Mining Company common stock based on Hecla Mining Company's Total Shareholder Return performance over the 3-year period (January 1, 2025 to December 31, 2027) relative to our peers. Examples of the potential grant of shares to Mr. Brown under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of target ($630,000 in stock); 50th percentile rank among peers = target award at grant value ($315,000 in stock), and 0 percentile rank among peers = threshold award below 25% of target.

F6: See footnote 2.