4/A: SSR Mining Director Amends Filing on Deferred Share Unit Grant
Insider Transaction Report
An amended SEC Form 4 filing reveals SSR Mining Director Kay G. Priestly acquired 2,217 deferred share units, increasing her total beneficial ownership to 61,161 DSUs.
Summary
- Kay G. Priestly, a Director of SSR Mining Inc. (SSRM), filed an amended Form 4 (Statement of Changes in Beneficial Ownership).
- The filing reports the acquisition of 2,217 Deferred Share Units (DSUs) by Ms. Priestly.
- Each DSU 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.
- Following this transaction, Kay G. Priestly beneficially owns a total of 61,161 DSUs.
- The earliest transaction date reported for this acquisition is July 1, 2025.
- The original Form 4 filing, which this document amends, was dated July 2, 2025.
Sentiment
Score: 6
Explanation: The filing indicates a routine grant of deferred share units to a director, which aligns their interests with shareholders and is a standard corporate governance practice.
Positives
- Director's ownership stake increased through the grant of deferred share units, which aligns her interests with long-term shareholder value.
Risks
- The value of the deferred share units is directly tied to the future cash value of SSR Mining Inc. common shares, exposing the compensation to market fluctuations and potential decreases in value.
Future Outlook
N/A. This filing pertains to an insider transaction and does not provide information on the company's future outlook or guidance.
Industry Context
N/A. This Form 4/A filing details an individual director's equity compensation and does not contain information related to broader industry trends or competitors.
Related Party Transactions
- Grant of 2,217 Deferred Share Units (DSUs) to Director Kay G. Priestly as part of her compensation package, representing a transaction between the company and a related party.
Stakeholder Impact
- Shareholders: The grant of equity-based compensation to a director enhances the alignment of the director's financial interests with the long-term performance and value creation for shareholders.
Key Dates
| Date | Description |
|---|---|
| 07/01/2025 | Earliest Transaction Date for the acquisition of Deferred Share Units. |
| 07/02/2025 | Date of Original Form 4 filing and signature date for the amended filing. |
Keywords
SSR Mining, SSRM, SEC Filing, Form 4, Insider Transaction, Director Compensation, Deferred Share Units, DSU, Equity Compensation, Beneficial Ownership
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