SSRM.NASDAQSsr Mining INC

Form 4: SSR Mining Director Acquires Deferred Share Units

Sentiment:

SEC Form 4 Filing


Director Arthur Michael Anglin acquired 11,542 deferred share units in SSR Mining Inc. on July 1, 2024.

Summary

  • On July 1, 2024, Arthur Michael Anglin, a director of SSR Mining Inc., acquired 11,542 deferred share units (DSUs).
  • Each DSU represents the right to receive the cash value of a Common Share of the Issuer at the time of settlement.
  • The DSUs are earned upon grant and will be settled upon Anglin's retirement from the Issuer's Board of Directors.
  • Following the transaction, Anglin beneficially owns 270,498 DSUs directly.

Sentiment

Score: 5

Explanation: This is a routine disclosure of a director's acquisition of deferred share units, which is neither particularly positive nor negative. It reflects standard compensation practices.

Industry Context

Form 4 filings are standard disclosures required by the SEC for insiders (directors, officers, and 10% owners) of publicly traded companies, providing transparency into their transactions in the company's securities.

Stakeholder Impact

  • The acquisition of deferred share units by a director aligns their 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

DateDescription
07/01/2024Date of transaction: Arthur Michael Anglin acquired 11,542 deferred share units.
07/02/2024Date of signature for the Form 4 filing.

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