Form 4: SSR Mining Director Acquires 1,149 Deferred Share Units

SSR Mining Director Laura M Mullen acquired 1,149 Deferred Share Units, increasing her beneficial ownership to 7,390 units.

Summary

• Laura M Mullen, a Director of SSR Mining Inc. (SSRM), acquired 1,149 Deferred Share Units (DSUs).
• This transaction increased her total beneficial ownership of DSUs to 7,390 units.
• Each DSU represents the right to receive the cash value of a Common Share of the Issuer at the time of settlement.
• DSUs are earned upon grant and are settled upon the reporting person's retirement from the Issuer's Board of Directors.
• The transaction date for the acquisition was October 1, 2025.

Sentiment

Score: 6

Explanation: The filing reports a routine equity grant to an existing director, which is a positive for aligning management interests with shareholders, but does not contain significant new financial or operational information that would drastically alter sentiment.

Positives

• Director Laura M Mullen increased her beneficial ownership in SSR Mining Inc. by acquiring 1,149 Deferred Share Units.
• The acquisition of DSUs aligns the director's long-term interests with those of shareholders, as DSUs are settled upon retirement from the board, linking long-term performance to compensation.

Negatives

• NA

Risks

• NA

Future Outlook

NA

Management Comments

• NA

Industry Context

This filing reports a routine insider transaction related to director compensation, which is a common practice across various industries, including mining, to align management and director interests with shareholder value.

Comparison to Industry Standards

• The grant of Deferred Share Units (DSUs) as part of director compensation is a standard practice in many publicly traded companies, including those in the mining sector, to foster long-term alignment with shareholder interests. This aligns with common corporate governance practices seen in companies like Barrick Gold or Newmont, where equity-based compensation is used for directors.

Management Changes

Corporate Governance

Legal Proceedings

• NA

Related Party Transactions

• The acquisition of 1,149 Deferred Share Units by Director Laura M Mullen is a related party transaction, representing equity compensation from the issuer, SSR Mining Inc.

Stakeholder Impact

• Shareholders: The grant of DSUs to a director aligns their long-term interests with shareholder value, as the units are settled upon retirement from the board, potentially encouraging decisions that benefit long-term stock performance.

Next Steps

• NA

Key Dates

Keywords

SSR Mining, SSRM, Deferred Share Units, DSU, Insider Transaction, Director Compensation, Equity Grant, Form 4