Hecla redeems all 150,736 Series B preferred at $50.6806/share; sets up to 50M-share ATM

HECLA MINING CO/DE/

Series B (HL-PB) called for redemption Dec 11, 2026 at $50.00 plus $0.6806 accrued dividends, or $50.6806/share cash; 150,736 shares outstanding totals about $7.64M.
Holders may convert into 3.2154 common shares per preferred (conversion price $15.55) until 5:00 p.m. ET Dec 10, 2026; full conversion would issue roughly 484,700 HL shares.
New Equity Distribution Agreement dated Nov 10, 2026 allows sales of up to 50 million common shares through agents at commissions up to 1.5%, under the Feb 2025 Form S-3 shelf.
CFO Russell D. Lawlar, 47, named Principal Accounting Officer effective Nov 6, 2026, succeeding Stuart Absolom, who left; Hecla says no disagreement on accounting or controls.
Redemption funded with cash on hand through agent Equiniti Trust; no further Series B quarterly dividend expected and dividends stop accruing on the Dec 11 redemption date.

item 5.02 item 8.01 item 9.01

Executive movements

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Appointed

Russell D. Lawlar

Principal Accounting Officer

HL · HECLA MINING CO/DE/

Effective: 2026-11-06
Filed: November 10, 2026, 4:54 PM ET

Effective November 6, 2026, Russell D. Lawlar, the Company’s Senior Vice President and Chief Financial Officer, was appointed to serve as the Company’s Principal Accounting Officer. Mr. Lawlar will continue to serve as Senior Vice President and Chief Financial Officer.

Departed

Stuart Absolom

Principal Accounting Officer

HL · HECLA MINING CO/DE/

Effective: 2026-11-06
Successor: Russell D. Lawlar
Filed: November 10, 2026, 4:54 PM ET

On November 6, 2026, Stuart Absolom ceased serving as the Principal Accounting Officer of Hecla Mining Company (the “Company”), and his employment with Hecla Limited ended. Mr. Absolom’s departure was not the result of any disagreement with the Company on any matter relating to the Company’s accounting principles or practices, financial statement disclosures, or internal control over financial reporting.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.97

Russell D. Lawlar was appointed as Principal Accounting Officer at HECLA MINING CO/DE/.

Action: appointed
Role: Principal Accounting Officer

Exact text from the filing

Effective November 6, 2026, Russell D. Lawlar, the Company’s Senior Vice President and Chief Financial Officer, was appointed to serve as the Company’s Principal Accounting Officer. Mr. Lawlar will continue to serve as Senior Vice President and Chief Financial Officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.97

Stuart Absolom departed as Principal Accounting Officer at HECLA MINING CO/DE/.

Action: ceased serving
Role: Principal Accounting Officer

Exact text from the filing

On November 6, 2026, Stuart Absolom ceased serving as the Principal Accounting Officer of Hecla Mining Company (the “Company”), and his employment with Hecla Limited ended. Mr. Absolom’s departure was not the result of any disagreement with the Company on any matter relating to the Company’s accounting principles or practices, financial statement disclosures, or internal control over financial reporting.

View on SEC.gov

HECLA MINING CO/DE/ filing history →

Source: SEC EDGAR

accession 0001193125-26-455667

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