Form 4: SSR Mining CFO Michael Sparks Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Michael Sparks, CFO of SSR Mining Inc., reports changes in beneficial ownership due to shares withheld to cover tax obligations upon vesting of restricted stock units.
Summary
- On March 7, 2024, Michael Sparks, the Chief Financial Officer of SSR Mining Inc., reported changes in his beneficial ownership of the company's common shares.
- These changes resulted from the withholding of shares to satisfy tax withholding obligations related to the vesting of restricted stock units.
- A total of 2,810 shares were withheld at a price of CAD $6.07 (USD $4.51) and 3,589 shares were withheld at a price of USD $4.52.
- Following these transactions, Sparks directly owns 132,603 common shares.
Sentiment
Score: 5
Explanation: This is a neutral filing related to standard tax obligations on vested stock, with no inherent positive or negative implications for the company's overall outlook.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates the CFO's transactions related to tax obligations from vested stock.
Key Dates
| Date | Description |
|---|---|
| 03/07/2024 | Date of transaction: shares withheld for tax obligations. |
| 03/11/2024 | Date of signature by attorney-in-fact. |
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