---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-455667"
form_type: "8-K"
ticker: "HL"
cik: "0000719413"
company_name: "HECLA MINING CO/DE/"
filed_at: "2026-11-10T21:54:52+00:00"
generated_at: "2026-11-10T21:56:08.348548+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-26-455667
- form_type: 8-K
- ticker: HL
- cik: 0000719413
- company_name: HECLA MINING CO/DE/
- filed_at: 2026-11-10T21:54:52+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/719413/000119312526455667/0001193125-26-455667-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/719413/000119312526455667/d104256d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-455667
- JSON: https://secwatch.observer/filing/0001193125-26-455667.json
- Plain text: https://secwatch.observer/filing/0001193125-26-455667.txt

## Key facts
- Executive change
  Russell D. Lawlar was appointed as Principal Accounting Officer at HECLA MINING CO/DE/.
  - Action: appointed
  - Role: Principal Accounting Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/719413/000119312526455667/0001193125-26-455667-index.htm
- Executive change
  Stuart Absolom departed as Principal Accounting Officer at HECLA MINING CO/DE/.
  - Action: ceased serving
  - Role: Principal Accounting Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/719413/000119312526455667/0001193125-26-455667-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.