Form 4: SSR Mining Director Acquires Deferred Share Units
SEC Form 4
Director Daniel Malchuk acquired 4,634 deferred share units in SSR Mining Inc. on October 1, 2024.
Summary
- On October 1, 2024, Daniel Malchuk, a director of SSR Mining Inc., acquired 4,634 deferred share units (DSUs).
- Each DSU represents the right to receive the cash value of a Common Share of SSR Mining at the time of settlement.
- The DSUs are earned upon grant and will be settled upon Malchuk's retirement from the Issuer's Board of Directors.
- Following the transaction, Malchuk beneficially owns 19,838 DSUs.
- The transaction was reported on October 3, 2024.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to a director's acquisition of deferred share units. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, such as directors and officers. This allows investors to monitor their trading activity and assess their confidence in the company's prospects.
Stakeholder Impact
- The acquisition of deferred share units by a director can signal confidence in the company's future performance to shareholders.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of transaction: Daniel Malchuk acquired 4,634 deferred share units. |
| 10/03/2024 | Date of filing: Form 4 filed reporting the transaction. |
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