Form 4: SSR Mining Director Acquires Deferred Share Units

Brian R. Booth, a director of SSR Mining Inc., acquired 4,634 deferred share units on October 1, 2024.

Summary

• On October 1, 2024, Brian R. Booth, a director of SSR Mining Inc. (SSRM), acquired 4,634 deferred share units (DSUs).
• These DSUs represent the right to receive the cash value of SSR Mining's common shares upon settlement.
• The DSUs are earned upon grant and will be settled when Mr. Booth retires from the Issuer's Board of Directors.
• Following the transaction, Mr. Booth beneficially owns 80,944 DSUs.
• The transaction was reported on a Form 4 filed with the SEC on October 3, 2024.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing a transaction by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the director's holdings.

Future Outlook

The deferred share units will be settled upon Mr. Booth's retirement from the Issuer's Board of Directors, at which time he will receive the cash value of the corresponding number of common shares.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders (directors, officers, and 10% owners) of a company buy or sell the company's securities. This filing indicates a change in Brian R. Booth's beneficial ownership of SSR Mining Inc.

Stakeholder Impact

• The transaction may have a minor impact on shareholders as it reflects a change in the director's holdings, but it is unlikely to be significant.

Key Dates