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 14, 2025, Michael Sparks, the Chief Financial Officer of SSR Mining Inc., reported a transaction involving performance share units.
- The transaction involved the redemption of 25,789 performance share units for a cash payment.
- The redemption occurred upon completion of the performance period applicable to the units, in accordance with the terms of the governing plan.
- The price of the derivative security was $2.46.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in company securities. It is a standard practice for publicly traded companies.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive compensation and alignment with company performance.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Date Exercisable of Performance Share Units |
| 03/14/2025 | Date of transaction: Redemption of Performance Share Units |
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