Director Shattuck Mayo III sells $2M of HUT shares under 10b5-1 plan
Company: Hut 8
The claim, verbatim
Hut 8 director Shattuck Mayo III sold 20,000 company shares worth $2 million on Sep. 24, 2026 under a pre-arranged Rule 10b5-1 trading plan, per a Form 4 filed with the SEC; he still owns 89,408 HUT shares after the sale.
Source (primary)
Hut 8 director sells $2 million in shares - AOL.ca (-, news_article)
View cached copy (2026-10-06)Live source ↗Archive.org ↗
Quote: “Hut 8 director Shattuck Mayo III sold 20,000 company shares worth $2 million on Sep. 24 under a pre-arranged Rule 10b5-1 trading plan, the Form 4 filed with the Securities and Exchange Commission (SEC) revealed. Following the sale, he still owns 89,408 HUT shares.”
How we checked this
Checked on October 7, 2026. The cited source supports every part of this claim.
The article states every detail of the claim: the director, the share count, the $2 million value, the Sep. 24 date, the 10b5-1 plan, the SEC Form 4, and the 89,408 shares he still holds. The year 2026 is inferred from the article's Sep. 29, 2026 publication date.
Confirmed in the source:
- Shattuck Mayo III is a Hut 8 director
- He sold 20,000 Hut 8 shares
- The shares sold were worth $2 million
- The sale took place on Sep. 24, 2026 (the article, dated Sep. 29, 2026, gives the date as Sep. 24)
- The sale was made under a pre-arranged Rule 10b5-1 trading plan
- The sale was disclosed in a Form 4 filed with the SEC
- He still owns 89,408 HUT shares after the sale
What we did: Read our cached copy of the publisher (https://www.aol.ca/articles/hut-8-director-sells-2-204145000.html) in full (4,515 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Hut 8 director sells $2 million in shares - AOL.ca
Quote: “Hut 8 director Shattuck Mayo III sold 20,000 company shares worth $2 million on Sep. 24 under a pre-arranged Rule 10b5-1 trading plan, the Form 4 filed with the Securities and Exchange Commission (SEC) revealed. Following the sale, he still owns 89,408 HUT shares.”