Form 4: SSR Mining Director Alan Krusi Acquires Deferred Share Units
SEC Form 4 Filing
Director Alan Krusi acquired 6,046 deferred share units of SSR Mining Inc. on July 1, 2024.
Summary
- On July 1, 2024, Alan Krusi, a director of SSR Mining Inc., acquired 6,046 deferred share units (DSUs).
- These DSUs represent the right to receive the cash value of a Common Share of SSR Mining Inc. upon settlement.
- The DSUs are earned upon grant and will be settled when Mr. Krusi retires from the Issuer's Board of Directors.
- Following this transaction, Mr. Krusi beneficially owns 106,426 DSUs directly.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects a standard transaction of deferred share units, which is a common form of compensation for directors.
Future Outlook
The DSUs will be settled upon Mr. Krusi'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 DSUs by a director aligns their interests with those of the shareholders, as the value of the DSUs is tied to the performance of the company's common shares.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of transaction: Alan Krusi acquired 6,046 deferred share units. |
| 07/02/2024 | Date of signature for the Form 4 filing. |
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