Form 4: SSR Mining Director Alan Krusi Acquires Deferred Share Units
SEC Form 4
Director Alan Krusi acquired 6,569 deferred share units of SSR Mining Inc. on April 1, 2024.
Summary
- On April 1, 2024, Alan Krusi, a director of SSR Mining Inc., acquired 6,569 deferred share units (DSUs).
- Each DSU represents the right to receive the cash value of a Common Share of SSR Mining at the time of settlement.
- The DSUs are earned upon grant and will be settled upon Krusi's retirement from the Issuer's Board of Directors.
- Following the transaction, Krusi directly owns 100,380 deferred share units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a transaction by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders, such as directors and officers, transact in their company's securities, providing transparency to the market.
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
| Date | Description |
|---|---|
| 04/01/2024 | Date of transaction: Alan Krusi acquired 6,569 deferred share units. |
| 04/02/2024 | Date of signature for the Form 4 filing. |
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