Form 4: SSR Mining Director Alan Krusi Reports Acquisition of Deferred Share Units

Director Alan Krusi reports acquisition of 4,634 Deferred Share Units (DSUs) in SSR Mining Inc.

Summary

• On October 1, 2024, Alan Krusi, a director of SSR Mining Inc. [SSRM], acquired 4,634 Deferred Share Units (DSUs).
• Following the transaction, Krusi directly owns 111,060 DSUs.
• These DSUs represent the right to receive the cash value of SSR Mining's Common Shares upon retirement from the Issuer's Board of Directors.
• The transaction was reported on October 3, 2024.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it is a standard disclosure of a director's compensation in the form of deferred share units.

Future Outlook

The DSUs will be settled upon the Reporting Person's retirement from the Issuer's Board of Directors, at which time they will receive the cash value of the corresponding number of Common Shares.

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