Hecla Mining Reports Officer/Director Changes, Compensation on Feb 22
Ticker: HL-PB · Form: 8-K · Filed: Feb 26, 2024 · CIK: 719413
| Field | Detail |
|---|---|
| Company | Hecla Mining CO/De/ (HL-PB) |
| Form Type | 8-K |
| Filed Date | Feb 26, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.25 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-changes, compensation, corporate-governance
TL;DR
**Hecla Mining just filed an 8-K about executive changes and compensation, but the key details are missing from this snippet.**
AI Summary
Hecla Mining Company filed an 8-K on February 26, 2024, reporting events from February 22, 2024. The filing indicates information regarding the departure or election of directors or officers, compensatory arrangements for certain officers, and financial statements and exhibits. The specific details of these changes, including names and dollar amounts, are not provided in the excerpt.
Why It Matters
Changes in executive leadership and compensation structures can signal strategic shifts or financial health, impacting investor confidence and future company performance.
Risk Assessment
Risk Level: medium — The filing indicates changes in leadership and compensation, which can introduce uncertainty, but the specific details are not provided to assess the full impact.
Key Players & Entities
- HECLA MINING CO/DE/ (company) — Filer of the 8-K
- Hecla Mining Company (company) — Registrant
- Delaware (company) — State of incorporation
- 0000719413 (company) — Central Index Key (CIK)
- 001-08491 (company) — SEC File Number
- February 22, 2024 (date) — Date of earliest event reported
- February 26, 2024 (date) — Filing date
FAQ
What was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on February 22, 2024.
What items were reported in this 8-K filing by Hecla Mining Company?
The 8-K reported information under 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers' and 'Financial Statements and Exhibits'.
What is the full legal name of the registrant?
The exact name of the registrant as specified in its charter is HECLA MINING COMPANY.
Where is Hecla Mining Company incorporated?
Hecla Mining Company is incorporated in Delaware.
What is the SEC file number for Hecla Mining Company?
The SEC file number for Hecla Mining Company is 001-08491.
Filing Stats: 601 words · 2 min read · ~2 pages · Grade level 12 · Accepted 2024-02-26 16:39:35
Key Financial Figures
- $0.25 — ich registered Common Stock, par value $0.25 per share HL New York Stock Exchang
Filing Documents
- d799770d8k.htm (8-K) — 26KB
- d799770dex991.htm (EX-99.1) — 4KB
- g799770g0227010140691.jpg (GRAPHIC) — 4KB
- 0001193125-24-046260.txt ( ) — 192KB
- hl-20240222.xsd (EX-101.SCH) — 4KB
- hl-20240222_def.xml (EX-101.DEF) — 13KB
- hl-20240222_lab.xml (EX-101.LAB) — 22KB
- hl-20240222_pre.xml (EX-101.PRE) — 14KB
- d799770d8k_htm.xml (XML) — 6KB
From the Filing
8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K C URRENT R EPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): February 22, 2024 HECLA MINING COMPANY (Exact name of registrant as specified in its charter) Delaware 1-8491 77-0664171 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 6500 North Mineral Drive , Suite 200 Coeur d'Alene , Idaho 83815-9408 (Address of principal executive offices) (Zip Code) (208) 769-4100 Registrant's telephone number, including area code Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.25 per share HL New York Stock Exchange Series B Cumulative Convertible Preferred Stock, par value $0.25 per share HL-PB New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On February 26, 2024, the Company announced the Board of Directors ("Board") of Hecla Mining Company (the "Company") had increased the size of the Board, and appointed Mark P. Board as a Class II director (standing for election in 2024), to fill the resulting vacancy, effective February 22, 2024. Mr. Board was also appointed to serve on the Health, Safety, Environmental and Technical Committee. He will be eligible to receive standard director and committee fees, and to receive grants under the Company's Stock Plan for Nonemployee Directors, all as described under the caption "Compensation of Non-Management Directors" in the Company's proxy statement for its 2023 Annual Meeting of Shareholders, which was filed with the Securities and Exchange Commission on April 11, 2023. The news release is attached hereto as Exhibit 99.1 to this Form 8-K. There are no arrangements or understandings between Mr. Board and any other person pursuant to which he was appointed to the Board, and there are no relationships between Mr. Board and the Company that would require disclosure under Item 404(a) of Regulation S-K of the Exchange Securities Exchange Act of 1934, as amended. Item9.01Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 99.1 News Release, dated February 26, 2024.* 104 Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101). * Furnished herewith 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. HECLA MINING COMPANY By: /s/ David C. Sienko David C. Sienko Vice President and General Counsel Dated: February 26, 2024 3