Form 4: SSR Mining CFO Sells Shares for Tax Obligations

SSR Mining CFO Michael Sparks disposed of 8,719 common shares to cover tax withholding obligations related to restricted stock unit vesting.

Summary

• Michael John Sparks, Chief Financial Officer of SSR Mining Inc. (SSRM), reported a transaction on October 1, 2025.
• The transaction involved the disposition of 8,719 common shares.
• These shares were withheld to satisfy tax withholding obligations associated with the vesting of restricted stock units.
• The shares were withheld at a price of $22.67 per share.
• Following this transaction, Michael John Sparks beneficially owns 297,702 common shares directly.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary sale for tax purposes, which is neutral in terms of company sentiment. It does not indicate a positive or negative outlook from management.

Negatives

• A reduction of 8,719 common shares in the direct beneficial ownership of the Chief Financial Officer.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This is a routine insider transaction common across all industries, where executives dispose of shares to cover tax liabilities upon the vesting of equity awards like restricted stock units. It does not reflect a discretionary sale based on market sentiment or company performance.

Stakeholder Impact

• Shareholders: A minor, non-discretionary reduction in direct insider ownership, which is generally not interpreted as a signal of management's confidence.

Key Dates

Recommendation

The transaction reported is a routine, non-discretionary sale of shares by the CFO to cover tax obligations upon the vesting of restricted stock units. Such transactions are common and do not typically reflect management's view on the company's future prospects or fundamental value. Therefore, this specific filing does not provide a basis for a 'buy' or 'sell' recommendation, and a 'hold' stance is appropriate as it does not alter the investment thesis for SSR Mining.

Keywords

SSR Mining, SSRM, Michael Sparks, CFO, Insider Transaction, Form 4, Share Disposition, Tax Withholding, Restricted Stock Units