4/A: SSR Mining Director Alan Krusi Amends Beneficial Ownership Filing for Deferred Share Units

SSR Mining Inc. Director Alan Krusi filed an amended Form 4 disclosing the acquisition of 2,218 deferred share units, bringing his total beneficial ownership to 119,745 DSUs.

Summary

• Alan Krusi, a Director of SSR Mining Inc. (SSRM), reported an acquisition of 2,218 Deferred Share Units (DSUs).
• The transaction date for this acquisition was July 1, 2025.
• Following this transaction, Alan Krusi beneficially owns a total of 119,745 DSUs.
• Each DSU represents the right to receive the cash value of one Common Share of SSR Mining Inc.
• DSUs are earned upon grant and are settled in cash upon the reporting person's retirement from the Issuer's Board of Directors.

Sentiment

Score: 6

Explanation: The document is a routine insider transaction report, indicating a standard compensation grant to a director. It is neutral to slightly positive as it aligns director interests with shareholders, but contains no new operational or financial news.

Positives

• The grant of Deferred Share Units to a director aligns their interests with long-term shareholder value, as DSUs are settled upon retirement from the board.

Negatives

• No specific negatives are indicated in this routine insider transaction report.

Risks

• No specific risks are mentioned in this Form 4/A filing.

Future Outlook

This Form 4/A filing is a factual report of a past transaction and does not contain forward-looking statements or guidance regarding the company's future outlook.

Management Comments

• Each deferred share unit ("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.

Industry Context

This filing is a standard disclosure of director compensation in the form of equity, common practice across publicly traded companies, including those in the mining sector. It reflects a routine aspect of corporate governance and executive incentive structures.

Comparison to Industry Standards

• Granting equity-based compensation like DSUs to directors is a common practice in the mining industry and broader corporate landscape, aligning director interests with long-term shareholder value.
• The specific number of DSUs granted and the total held by Alan Krusi would typically be evaluated against peer companies like Barrick Gold Corporation (GOLD), Newmont Corporation (NEM), or Agnico Eagle Mines Limited (AEM) to assess the competitiveness and structure of director compensation packages.
• The cash settlement upon retirement is a specific feature that can vary, with some companies offering stock settlement or different vesting schedules.

Related Party Transactions

• The acquisition of DSUs by a director is a related party transaction, as it involves compensation from the company to a member of its board.

Stakeholder Impact

• Shareholders: The grant of DSUs to a director aligns their long-term interests with shareholder value, as the value of the DSUs is tied to the company's common shares.

Next Steps

• No specific future actions or milestones are mentioned in this Form 4/A filing beyond the settlement of DSUs upon the director's retirement.

Key Dates

Keywords

SSR Mining Inc., SSRM, Alan Krusi, Form 4/A, SEC filing, beneficial ownership, deferred share units, DSU, insider transaction, director compensation, equity compensation