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[Form 4] Hut 8 Corp. Insider Trading Activity

Filing Impact
(Neutral)
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(Neutral)
Form Type
4
Rhea-AI Filing Summary

Hut 8 Corp (HUT) director Rick Rickertsen reported the vesting and conversion of 17,491 Restricted Stock Units (RSUs) into common stock on June 18, 2025. The transaction occurred in conjunction with the company's 2025 Annual General Meeting of Stockholders.

Following the transaction, Rickertsen now directly owns 33,987 shares of Hut 8 common stock. The RSUs converted to common shares on a one-for-one basis, with the company having discretion to settle in either stock, cash, or a combination thereof. The transaction was executed under transaction code 'M' indicating the exercise or conversion of derivative securities.

The Form 4 was filed on June 28, 2025, with Victor Semah signing as Attorney-in-Fact. This transaction represents standard director compensation through equity awards, which vested according to the predetermined schedule aligned with the annual shareholder meeting.

Rick Rickertsen, direttore di Hut 8 Corp (HUT), ha comunicato l'acquisizione e la conversione di 17.491 Restricted Stock Units (RSU) in azioni ordinarie avvenuta il 18 giugno 2025. L'operazione è stata effettuata in concomitanza con l'Assemblea Annuale degli Azionisti del 2025.

Dopo questa transazione, Rickertsen possiede direttamente 33.987 azioni ordinarie di Hut 8. Le RSU sono state convertite in azioni ordinarie con un rapporto uno a uno, con la società che ha la facoltà di liquidare tramite azioni, contanti o una combinazione di entrambi. L'operazione è stata registrata con il codice 'M', che indica l'esercizio o la conversione di strumenti derivati.

Il modulo Form 4 è stato depositato il 28 giugno 2025, con Victor Semah che ha firmato come procuratore. Questa transazione rappresenta una normale compensazione per il direttore tramite premi azionari, maturati secondo il calendario prestabilito in linea con l'assemblea annuale degli azionisti.

Rick Rickertsen, director de Hut 8 Corp (HUT), informó la adquisición y conversión de 17,491 Unidades de Acciones Restringidas (RSUs) en acciones comunes el 18 de junio de 2025. La transacción se realizó en conjunto con la Junta General Anual de Accionistas de la compañía de 2025.

Tras la operación, Rickertsen posee directamente 33,987 acciones comunes de Hut 8. Las RSUs se convirtieron en acciones comunes en una proporción uno a uno, con la empresa teniendo la opción de liquidar en acciones, efectivo o una combinación de ambos. La transacción se ejecutó bajo el código 'M', que indica el ejercicio o conversión de valores derivados.

El Formulario 4 fue presentado el 28 de junio de 2025, con Victor Semah firmando como apoderado. Esta transacción representa una compensación estándar para el director mediante premios en acciones, que se consolidaron según el calendario predeterminado alineado con la junta anual de accionistas.

Hut 8 Corp (HUT) ì´ì‚¬ì� Rick Rickertsenì€ 2025ë…� 6ì›� 18ì¼ì— 17,491ê°œì˜ ì œí•œ ì£¼ì‹ ë‹¨ìœ„(RSUs)ê°€ 보통주로 전환ë˜ì–´ ì·¨ë“ë˜ì—ˆìŒì„ 보고했습니다. ì� 거래ëŠ� 회사ì� 2025ë…� ì—°ë¡€ 주주ì´íšŒì™€ 함께 ì´ë£¨ì–´ì¡ŒìŠµë‹ˆë‹�.

거래 ì´í›„ Rickertsenì€ Hut 8 보통ì£� 33,987ì£�ë¥� ì§ì ‘ 보유하게 ë˜ì—ˆìŠµë‹ˆë‹�. RSUëŠ� 1:1 비율ë¡� 보통주로 전환ë˜ì—ˆìœ¼ë©°, 회사ëŠ� 주ì‹, 현금 ë˜ëŠ” ê·� 조합으로 ê²°ì œí•� ìˆ� 있는 ìž¬ëŸ‰ê¶Œì„ ê°€ì§€ê³� 있습니다. ì� 거래ëŠ� íŒŒìƒ ì¦ê¶Œì� 행사 ë˜ëŠ” 전환ì� 나타내는 'M' 거래 코드ë¡� 실행ë˜ì—ˆìŠµë‹ˆë‹�.

Form 4ëŠ� 2025ë…� 6ì›� 28ì¼ì— 제출ë˜ì—ˆìœ¼ë©°, Victor Semahê°€ ëŒ€ë¦¬ì¸ ìžê²©ìœ¼ë¡œ 서명했습니다. ì� 거래ëŠ� ì—°ë¡€ 주주ì´íšŒ ì¼ì •ì—� ë§žì¶° 사전ì—� ì •í•´ì§� ì¼ì •ì—� ë”°ë¼ ê¶Œë¦¬ê°€ 확정ë� ì´ì‚¬ì� 표준 ë³´ìƒìœ¼ë¡œì„� ì£¼ì‹ ë³´ìƒì—� 해당합니ë‹�.

Rick Rickertsen, administrateur de Hut 8 Corp (HUT), a déclaré la levée et la conversion de 17 491 unités d'actions restreintes (RSU) en actions ordinaires le 18 juin 2025. La transaction a eu lieu lors de l'assemblée générale annuelle des actionnaires de 2025 de la société.

À la suite de cette opération, Rickertsen possède désormais directement 33 987 actions ordinaires de Hut 8. Les RSU ont été converties en actions ordinaires sur une base un pour un, la société ayant la possibilité de régler en actions, en espèces ou une combinaison des deux. La transaction a été réalisée sous le code 'M', indiquant l'exercice ou la conversion de titres dérivés.

Le formulaire 4 a été déposé le 28 juin 2025, Victor Semah signant en tant que mandataire. Cette transaction représente une rémunération standard pour un administrateur via des attributions d'actions, acquises selon le calendrier prédéfini aligné avec l'assemblée annuelle des actionnaires.

Rick Rickertsen, Direktor von Hut 8 Corp (HUT), meldete die Vesting und Umwandlung von 17.491 Restricted Stock Units (RSUs) in Stammaktien am 18. Juni 2025. Die Transaktion fand im Zusammenhang mit der Hauptversammlung der Aktionäre 2025 des Unternehmens statt.

Nach der Transaktion besitzt Rickertsen nun direkt 33.987 Aktien von Hut 8. Die RSUs wurden eins zu eins in Stammaktien umgewandelt, wobei das Unternehmen die Wahl hatte, die Abwicklung in Aktien, Bargeld oder einer Kombination davon vorzunehmen. Die Transaktion wurde unter dem Transaktionscode 'M' ausgeführt, der die Ausübung oder Umwandlung von Derivatwertpapieren anzeigt.

Das Formular 4 wurde am 28. Juni 2025 eingereicht, wobei Victor Semah als Bevollmächtigter unterzeichnete. Diese Transaktion stellt eine übliche Vergütung des Direktors durch Aktienprämien dar, die gemäß dem vorab festgelegten Zeitplan im Einklang mit der jährlichen Hauptversammlung der Aktionäre fällig wurden.

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Rick Rickertsen, direttore di Hut 8 Corp (HUT), ha comunicato l'acquisizione e la conversione di 17.491 Restricted Stock Units (RSU) in azioni ordinarie avvenuta il 18 giugno 2025. L'operazione è stata effettuata in concomitanza con l'Assemblea Annuale degli Azionisti del 2025.

Dopo questa transazione, Rickertsen possiede direttamente 33.987 azioni ordinarie di Hut 8. Le RSU sono state convertite in azioni ordinarie con un rapporto uno a uno, con la società che ha la facoltà di liquidare tramite azioni, contanti o una combinazione di entrambi. L'operazione è stata registrata con il codice 'M', che indica l'esercizio o la conversione di strumenti derivati.

Il modulo Form 4 è stato depositato il 28 giugno 2025, con Victor Semah che ha firmato come procuratore. Questa transazione rappresenta una normale compensazione per il direttore tramite premi azionari, maturati secondo il calendario prestabilito in linea con l'assemblea annuale degli azionisti.

Rick Rickertsen, director de Hut 8 Corp (HUT), informó la adquisición y conversión de 17,491 Unidades de Acciones Restringidas (RSUs) en acciones comunes el 18 de junio de 2025. La transacción se realizó en conjunto con la Junta General Anual de Accionistas de la compañía de 2025.

Tras la operación, Rickertsen posee directamente 33,987 acciones comunes de Hut 8. Las RSUs se convirtieron en acciones comunes en una proporción uno a uno, con la empresa teniendo la opción de liquidar en acciones, efectivo o una combinación de ambos. La transacción se ejecutó bajo el código 'M', que indica el ejercicio o conversión de valores derivados.

El Formulario 4 fue presentado el 28 de junio de 2025, con Victor Semah firmando como apoderado. Esta transacción representa una compensación estándar para el director mediante premios en acciones, que se consolidaron según el calendario predeterminado alineado con la junta anual de accionistas.

Hut 8 Corp (HUT) ì´ì‚¬ì� Rick Rickertsenì€ 2025ë…� 6ì›� 18ì¼ì— 17,491ê°œì˜ ì œí•œ ì£¼ì‹ ë‹¨ìœ„(RSUs)ê°€ 보통주로 전환ë˜ì–´ ì·¨ë“ë˜ì—ˆìŒì„ 보고했습니다. ì� 거래ëŠ� 회사ì� 2025ë…� ì—°ë¡€ 주주ì´íšŒì™€ 함께 ì´ë£¨ì–´ì¡ŒìŠµë‹ˆë‹�.

거래 ì´í›„ Rickertsenì€ Hut 8 보통ì£� 33,987ì£�ë¥� ì§ì ‘ 보유하게 ë˜ì—ˆìŠµë‹ˆë‹�. RSUëŠ� 1:1 비율ë¡� 보통주로 전환ë˜ì—ˆìœ¼ë©°, 회사ëŠ� 주ì‹, 현금 ë˜ëŠ” ê·� 조합으로 ê²°ì œí•� ìˆ� 있는 ìž¬ëŸ‰ê¶Œì„ ê°€ì§€ê³� 있습니다. ì� 거래ëŠ� íŒŒìƒ ì¦ê¶Œì� 행사 ë˜ëŠ” 전환ì� 나타내는 'M' 거래 코드ë¡� 실행ë˜ì—ˆìŠµë‹ˆë‹�.

Form 4ëŠ� 2025ë…� 6ì›� 28ì¼ì— 제출ë˜ì—ˆìœ¼ë©°, Victor Semahê°€ ëŒ€ë¦¬ì¸ ìžê²©ìœ¼ë¡œ 서명했습니다. ì� 거래ëŠ� ì—°ë¡€ 주주ì´íšŒ ì¼ì •ì—� ë§žì¶° 사전ì—� ì •í•´ì§� ì¼ì •ì—� ë”°ë¼ ê¶Œë¦¬ê°€ 확정ë� ì´ì‚¬ì� 표준 ë³´ìƒìœ¼ë¡œì„� ì£¼ì‹ ë³´ìƒì—� 해당합니ë‹�.

Rick Rickertsen, administrateur de Hut 8 Corp (HUT), a déclaré la levée et la conversion de 17 491 unités d'actions restreintes (RSU) en actions ordinaires le 18 juin 2025. La transaction a eu lieu lors de l'assemblée générale annuelle des actionnaires de 2025 de la société.

À la suite de cette opération, Rickertsen possède désormais directement 33 987 actions ordinaires de Hut 8. Les RSU ont été converties en actions ordinaires sur une base un pour un, la société ayant la possibilité de régler en actions, en espèces ou une combinaison des deux. La transaction a été réalisée sous le code 'M', indiquant l'exercice ou la conversion de titres dérivés.

Le formulaire 4 a été déposé le 28 juin 2025, Victor Semah signant en tant que mandataire. Cette transaction représente une rémunération standard pour un administrateur via des attributions d'actions, acquises selon le calendrier prédéfini aligné avec l'assemblée annuelle des actionnaires.

Rick Rickertsen, Direktor von Hut 8 Corp (HUT), meldete die Vesting und Umwandlung von 17.491 Restricted Stock Units (RSUs) in Stammaktien am 18. Juni 2025. Die Transaktion fand im Zusammenhang mit der Hauptversammlung der Aktionäre 2025 des Unternehmens statt.

Nach der Transaktion besitzt Rickertsen nun direkt 33.987 Aktien von Hut 8. Die RSUs wurden eins zu eins in Stammaktien umgewandelt, wobei das Unternehmen die Wahl hatte, die Abwicklung in Aktien, Bargeld oder einer Kombination davon vorzunehmen. Die Transaktion wurde unter dem Transaktionscode 'M' ausgeführt, der die Ausübung oder Umwandlung von Derivatwertpapieren anzeigt.

Das Formular 4 wurde am 28. Juni 2025 eingereicht, wobei Victor Semah als Bevollmächtigter unterzeichnete. Diese Transaktion stellt eine übliche Vergütung des Direktors durch Aktienprämien dar, die gemäß dem vorab festgelegten Zeitplan im Einklang mit der jährlichen Hauptversammlung der Aktionäre fällig wurden.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Rickertsen Rick

(Last) (First) (Middle)
1101 BRICKELL AVENUE, SUITE 1500

(Street)
MIAMI FL 33131

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Hut 8 Corp. [ HUT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/18/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/18/2025 M 17,491 A (1) 33,987 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (2) 06/18/2025 M 17,491 (3) (3) Common Stock 17,491 $0 0 D
Explanation of Responses:
1. Reflects restricted stock units ("RSUs") that upon vesting converted into shares of Issuer common stock on a one-for-one basis.
2. Each RSU represents a contingent right to receive one share of Issuer common stock. The RSUs settled in either common stock or cash (or a combination thereof) at the discretion of the Issuer.
3. These RSUs vested on the date of the 2025 Annual General Meeting of the Stockholders of the Issuer.
/s/ Victor Semah, as Attorney-in-Fact 06/23/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many HUT shares did Director Rick Rickertsen acquire on June 18, 2025?

Director Rick Rickertsen acquired 17,491 shares of HUT common stock on June 18, 2025 through the vesting of Restricted Stock Units (RSUs).

What is Rick Rickertsen's total HUT share ownership after the June 2025 transaction?

Following the reported transaction, Rick Rickertsen directly owns 33,987 shares of HUT common stock.

When did HUT director Rickertsen's RSUs vest in 2025?

The RSUs vested on the date of HUT's 2025 Annual General Meeting of Stockholders, which was June 18, 2025.

What was the exercise price of HUT RSUs converted by Rickertsen?

The RSUs were converted at $0 exercise price, as they represented a contingent right to receive shares of HUT common stock on a one-for-one basis upon vesting.

Where is HUT director Rick Rickertsen based?

According to the Form 4 filing, Rick Rickertsen's address is listed as 1101 Brickell Avenue, Suite 1500, Miami, FL 33131.
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