Sr. VP & CAO Clary sells 75,000 HL shares at $20.30; holdings drop 82.2% to 16.2K shares
Michael L. Clary, Sr. VP & CAO, executed a substantial open-market sale of 75,000 shares at $20.30 on 2025-12-19, reducing his position from 91,207 shares to 16,207 shares—a net reduction of 82.2% of pre-transaction holdings. This represents a significant diminishment of executive ownership in Hecla Mining at a price near the 52-week high of $19.67. The current P/E of 65.57 and the stock's 79.5% 90-day appreciation suggest the company trades at a premium valuation following strong recent momentum; the sale occurs within this elevated price environment. The scale of the reduction—leaving the Sr. VP & CAO with minimal direct equity stake—is notable given the executive's position of responsibility and the context of strong FY revenue growth of 29.1% and a net income of $100.7M in the latest quarter.