Form 4: SSR Mining Director Acquires Deferred Share Units

SSR Mining director Daniel Malchuk acquired 3,936 deferred share units on January 1, 2025, which will be settled upon his retirement from the board.

Summary

• On January 1, 2025, Daniel Malchuk, a director of SSR Mining Inc., acquired 3,936 deferred share units (DSUs).
• Each DSU represents the right to receive the cash value of one common share of SSR Mining at the time of settlement.
• The DSUs were granted and will be settled upon Mr. Malchuk's retirement from the company's Board of Directors.
• Following this transaction, Mr. Malchuk directly owns 23,774 DSUs.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed neutrally. There is no indication of any positive or negative sentiment.

Future Outlook

The deferred share units will be settled upon the director's retirement from the Board of Directors.

Industry Context

This is a standard transaction for directors of publicly listed companies, often used as part of their compensation package. It aligns the director's interests with the long-term performance of the company.

Comparison to Industry Standards

• Deferred share units are a common form of equity compensation for directors in the mining industry, similar to practices at companies like Newmont and Barrick Gold.
• The vesting and settlement terms, linked to retirement, are also typical for these types of grants.
• The number of units granted is within the range of what is seen for director compensation at comparable companies.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with the long-term performance of the company.
• The transaction has no direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

SSR Mining, Deferred Share Units, DSU, Director, Insider Trading, Beneficial Ownership, Equity Compensation