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HL 8-K: Executive departure

Filed with the SEC on · accession 0001193125-26-455667

HL filed a 8-K (current report) with the SEC on Nov 10, 2026. Hecla Mining's Principal Accounting Officer Stuart Absolom ceased serving and left the company effective November 6, 2026, with CFO Russell D. The stock moved -7.3% by the first close after the filing.

Summary of the filing

Hecla Mining's Principal Accounting Officer Stuart Absolom ceased serving and left the company effective November 6, 2026, with CFO Russell D. Lawlar reappointed as Principal Accounting Officer. Separately, the company entered a new equity distribution agreement for up to 50 million shares and called for redemption of all its Series B preferred stock.

For details, click here →How to read a 8-K →

Key details

Maximum shares of common stock issuable under new Equity Distribution Agreement$50.0M
Redemption price per share of Series B Preferred Stock$50
Estimated accrued and unpaid dividends per Series B Preferred share$1
Total estimated cash payment to redeem all outstanding Series B Preferred Stock$7.6M
RegistrantHecla Mining Company
Principal accounting officerStuart Absolom
Senior vice president and chief financial officerRussell D. Lawlar

How HL stock reacted

Close before

$15.41

Nov 9, 2026

First close after

-7.27%

$14.29

5 trading days

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Since filing

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Frequently asked questions

What did HL file with the SEC on Nov 10, 2026?

HL filed a 8-K (Executive departure). Hecla Mining's Principal Accounting Officer Stuart Absolom ceased serving and left the company effective November 6, 2026, with CFO Russell D. Lawlar reappointed as Principal Accounting Officer. Separately, the company entered a new equity distribution agreement for up to 50 million shares and called for redemption of all its Series B preferred stock.

What does a executive departure mean for HL stock?

Not always. A planned retirement with a successor is usually calm; a sudden departure “effective immediately”, especially of a CFO or near results, often worries investors.

How do I read a 8-K?

A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more. The "Item" number tells you the topic (e.g. 2.02 results, 5.02 executive change, 1.01 new agreement, 1.03 bankruptcy). Exhibits (99.1 press release) usually hold the details.

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A 8-K (current report): A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more.

How did HL stock react to this filing?

HL closed at $15.41 before the filing and $14.29 on Nov 10, 2026 (-7.27%).

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