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

SSR Mining Inc. Director Alan Krusi reported the acquisition of 926 Deferred Share Units, increasing his total beneficial ownership to 118,453 DSUs, effective July 1, 2025.

Summary

• Alan Krusi, a Director of SSR Mining Inc. (SSRM), reported the acquisition of 926 Deferred Share Units (DSUs).
• The transaction date for this acquisition was July 1, 2025.
• Following this transaction, Alan Krusi beneficially owns a total of 118,453 Deferred Share Units.
• Each Deferred Share Unit represents the right to receive the cash value of one Common Share of SSR Mining Inc. at the time of settlement.
• DSUs are earned upon grant and are settled upon the Reporting Person's retirement from the Issuer's Board of Directors.

Sentiment

Score: 7

Explanation: The acquisition of deferred share units by a director typically indicates alignment of interests and confidence in the company's long-term prospects, contributing to a moderately positive sentiment.

Positives

• Director Alan Krusi acquired 926 Deferred Share Units, increasing his beneficial ownership, which can signal confidence in SSR Mining Inc.'s future performance and aligns his interests with shareholders.

Future Outlook

NA

Industry Context

This Form 4 reports a routine insider transaction related to executive compensation, common across various industries, including the mining sector. It reflects a director's acquisition of deferred share units, a typical component of long-term incentive plans designed to align management interests with shareholder value.

Comparison to Industry Standards

• The acquisition of Deferred Share Units (DSUs) by a director is a standard practice in corporate compensation structures across industries, including mining.
• DSUs are often used to defer compensation and align long-term interests, similar to practices seen at companies like Barrick Gold (GOLD) or Newmont (NEM) where executive compensation often includes equity-linked incentives.
• The specific number of units acquired is relative to the individual's compensation package and the company's overall share structure.

Stakeholder Impact

• Shareholders: Increased alignment of a director's interests with shareholder value through equity-linked compensation.
• Management/Employees: Reflects standard executive compensation practices.

Next Steps

• Settlement of Deferred Share Units upon the Reporting Person's retirement from the Issuer's Board of Directors.

Key Dates

Keywords

SSR Mining, SSRM, Form 4, Insider Transaction, Director, Deferred Share Units, DSU, Beneficial Ownership, Executive Compensation, Mining