secwatch.observer — SEC 8-K summary
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Issuer:     HECLA MINING CO/DE/ (HL)
CIK:        0000719413
Form:       8-K
Filed at:   2025-12-31T23:59:59+00:00
Accession:  0001437749-25-039070
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hecla Mining SVP & CAO Michael Clary to depart Dec 31; receives $834K severance over two years
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- Michael L. Clary ceases as SVP and Chief Administrative Officer effective Dec 31, 2025; employment terminates Jan 1, 2026.
- Clary will transition to a consultant role for the company after Jan 1, 2026.
- Separation agreement provides supplemental severance of two annual payments of $417,036.43 each for release and covenants.
- Termination qualifies as 'Qualifying Termination Outside of Change in Control Period' under June 5, 2025 agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/719413/000143774925039070/0001437749-25-039070-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/719413/000143774925039070/hl20251231_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-039070

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