Form 4: SSR Mining Director Acquires Deferred Share Units

Thomas R. Bates Jr., a director of SSR Mining Inc., acquired 6,046 deferred share units on July 1, 2024.

Summary

• On July 1, 2024, Thomas R. Bates Jr., a director of SSR Mining Inc., acquired 6,046 deferred share units.
• Each deferred share unit (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 settled upon the Reporting Person's retirement from the Issuer's Board of Directors.
• Following the transaction, Bates directly owns 108,479 deferred share units.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction (acquisition of deferred share units) by a company director, suggesting a neutral to slightly positive sentiment as it indicates continued alignment of interests.

Future Outlook

DSUs are settled upon the Reporting Person's retirement from the Issuer's Board of Directors, at which point they will receive the cash value of the common shares.

Industry Context

Form 4 filings are standard disclosures required by the SEC to ensure transparency in trading activities by company insiders.

Stakeholder Impact

• The acquisition of deferred share units aligns the director's interests with those of the shareholders, as the value of the units is tied to the performance of the company's common shares.

Key Dates