Form 4: SSR Mining Director Acquires Deferred Share Units

SSR Mining Inc. reports that Director Thomas R. Bates Jr. acquired 1,028 deferred share units on April 1, 2026, as part of his compensation.

Summary

• Director Thomas R. Bates Jr. acquired 1,028 deferred share units (DSUs) on April 1, 2026.
• These DSUs represent the right to receive the cash value of SSR Mining Inc. common shares at the time of settlement.
• The DSUs are earned upon grant and will be settled upon Mr. Bates' retirement from the Issuer's Board of Directors.
• The acquisition was made pursuant to a written plan intended to satisfy Rule 10b5-1(c) affirmative defense conditions.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents routine director compensation and not a significant strategic or financial event.

Positives

• Director acquisition of equity-based compensation can signal confidence in the company's future.
• The transaction was made under a Rule 10b5-1(c) plan, indicating pre-planned and potentially non-insider trading activity.

Risks

• The value of the deferred share units is subject to the future market price of SSR Mining Inc. common shares.
• Settlement is contingent upon the reporting person's retirement from the Board of Directors.

Future Outlook

The future outlook for the deferred share units depends on the performance of SSR Mining Inc.'s common shares and the reporting person's eventual retirement.

Industry Context

StockSavvy.ai notes that the issuance of deferred share units is a common form of long-term incentive compensation for directors in the mining industry, aligning their interests with shareholders over time.

Stakeholder Impact

• Shareholders: The acquisition of DSUs by a director is a standard compensation practice that aligns director interests with long-term shareholder value, but does not represent new capital or a change in company strategy.

Next Steps

• Settlement of deferred share units upon the reporting person's retirement from the Board of Directors.

Key Dates

Keywords

SSR Mining Inc., SSRM, Form 4, Deferred Share Units, Director Compensation, Insider Transaction, Rule 10b5-1(c)