Form 4: SSR Mining Director Alan Krusi Acquires 1,149 DSUs

SSR Mining Director Alan Krusi acquired 1,149 Deferred Share Units, bringing his total beneficial ownership to 120,894 DSUs.

Summary

• Alan Krusi, a Director of SSR Mining Inc. (SSRM), acquired 1,149 Deferred Share Units (DSUs).
• This transaction occurred on October 1, 2025.
• Following this acquisition, Mr. Krusi beneficially owns a total of 120,894 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 are settled upon Mr. Krusi's retirement from the Issuer's Board of Directors.

Sentiment

Score: 6

Explanation: Slightly positive as it indicates a director's continued equity stake and alignment with shareholder interests through a routine compensation grant.

Positives

• The acquisition of Deferred Share Units by a Director indicates continued alignment of management interests with shareholder value.
• The increase in beneficial ownership to 120,894 DSUs demonstrates a significant stake held by the Director.

Negatives

• No direct negatives are apparent from this routine insider transaction report.

Risks

• The value of the Deferred Share Units is tied to the future cash value of SSR Mining's Common Shares, exposing the holder to market price fluctuations until settlement.

Future Outlook

The Deferred Share Units will be settled, meaning the holder will receive the cash value of a Common Share, upon Alan Krusi's retirement from SSR Mining's Board of Directors.

Industry Context

This transaction is a standard form of equity compensation for directors in the mining industry, aligning their long-term interests with the company's performance and shareholder returns. Deferred Share Units are commonly used to retain directors and incentivize long-term strategic decision-making.

Stakeholder Impact

• Shareholders: Increased alignment of a director's financial interests with long-term shareholder value.
• Management: Reinforces the director's commitment and incentivizes long-term strategic focus.

Next Steps

• Settlement of Deferred Share Units upon Alan Krusi's retirement from the Board of Directors.

Key Dates

Recommendation

This Form 4 reports a routine grant of Deferred Share Units to a director as part of their compensation. While it indicates continued alignment of interests, it does not present new information significant enough to warrant a change in investment recommendation based solely on this filing. Investors should consider broader company fundamentals and market conditions.

Keywords

SSR Mining, SSRM, Alan Krusi, Director, Deferred Share Units, DSU, Insider Transaction, Beneficial Ownership, Equity Compensation, SEC Form 4