Form 4: SSR Mining CFO Michael Sparks Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Michael Sparks, CFO of SSR Mining Inc., disposed of 8,789 common shares on April 1, 2025, to cover tax obligations related to vesting restricted stock units.
Summary
- On April 1, 2025, Michael Sparks, the Chief Financial Officer of SSR Mining Inc., disposed of 8,789 common shares.
- The transaction was executed to satisfy tax withholding obligations associated with the vesting of restricted stock units.
- The shares were sold at a price of $9.9799 per share.
- Following the transaction, Sparks directly owns 306,421 common shares of SSR Mining Inc.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (selling shares to cover tax obligations). It doesn't indicate positive or negative sentiment, so a neutral score is appropriate.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This transaction appears to be a standard sale to cover tax obligations, which is a common practice.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of transaction: Michael Sparks disposed of shares to cover tax obligations. |
| 04/03/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, SSR Mining, SSRM, Michael Sparks, CFO, Share Disposal, Tax Obligations, Restricted Stock Units, Beneficial Ownership
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