Hycroft Mining Awards Executives $4.5 Million Bonus Pool and Make-Whole Equity Grants

Reuters02-02 19:05

Hycroft Mining Awards Executives $4.5 Million Bonus Pool and Make-Whole Equity Grants

Hycroft Mining Holding Corporation has approved new compensation arrangements for its named executive officers following the adoption of its expanded equity incentive plan. On January 27, 2026, the Board granted restricted stock unit "make-whole" awards to address prior years’ reduced long-term equity compensation, after shareholders authorized an additional 3.5 million shares for awards. Additionally, a one-time extraordinary bonus pool totaling $4.5 million was established to recognize the leadership team’s role in completing significant financings in 2025. Cash payments from the bonus pool will be distributed to executives, including $1.5 million to CEO Diane R. Garrett, $850,000 to Stanton K. Rideout, and $769,000 each to Rebecca A. Jennings and David B. Thomas. Fifty percent of each bonus is subject to a prorated clawback if the recipient leaves the company within 12 months of payment.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hycroft Mining Holding Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-004592), on February 02, 2026, and is solely responsible for the information contained therein.

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