Form 4: SSR Mining Director Acquires Deferred Share Units
SEC Form 4 Filing
Kay G. Priestly, a director of SSR Mining Inc., acquired 6,568 deferred share units on April 1, 2024, according to a Form 4 filing with the SEC.
Summary
- On April 1, 2024, Kay G. Priestly, a director of SSR Mining Inc., acquired 6,568 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.
- DSUs are earned upon grant and settled upon the Reporting Person's retirement from the Issuer's Board of Directors.
- Following the transaction, Priestly directly owns 41,796 DSUs.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Future Outlook
The deferred share units will be settled upon the Reporting Person's retirement from the Issuer's Board of Directors.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The acquisition of deferred share units by a director aligns the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of transaction: Kay G. Priestly acquired 6,568 deferred share units. |
| 04/02/2024 | Date of signature on the Form 4 filing. |
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