Form 4: SSR Mining CFO Michael Sparks Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
Michael Sparks, CFO of SSR Mining Inc., reported disposing of common shares to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On March 7, 2025, Michael Sparks, the Chief Financial Officer of SSR Mining Inc., disposed of 2,510 common shares at a price of $9.8 and 3,203 common shares at a price of $9.91.
- These disposals were to satisfy tax withholding obligations related to the vesting of restricted stock units.
- Following these transactions, Sparks directly owns 315,210 common shares.
Sentiment
Score: 6
Explanation: The document is a standard regulatory filing related to stock transactions for tax purposes. It doesn't indicate any significant positive or negative sentiment.
Industry Context
This is a routine filing related to executive compensation and tax obligations. It's common for executives to sell shares to cover taxes when restricted stock units vest.
Stakeholder Impact
- The disposal of shares by the CFO to cover tax obligations has a minimal impact on shareholders.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Date of the stock disposal transactions. |
| 03/11/2025 | Date of signature for the Form 4 filing. |
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