Form 4: SSR Mining CFO Michael Sparks Reports Transaction in Performance Share Units
SEC Form 4 Filing
SSR Mining's CFO, Michael Sparks, reports a transaction involving performance share units, redeemed for cash upon completion of the performance period.
Summary
- On March 15, 2024, Michael Sparks, the Chief Financial Officer of SSR Mining Inc., reported a transaction involving performance share units.
- The transaction involved the disposal of 22,596 performance share units.
- These units were redeemed for a cash payment upon completion of the applicable performance period, according to the terms of the governing plan.
- The price per unit was $7.26.
- Following the reported transaction, Sparks directly owns 0 derivative securities.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding an insider transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 01/01/2024 | Date Exercisable of Performance Share Units |
| 03/15/2024 | Date of transaction involving performance share units |
| 03/18/2024 | Date of signature for the report |
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