Form 4: SSR Mining Director Boosts Equity Stake with DSU Grant

SSR Mining Director Thomas R. Bates Jr. received a grant of 1,149 deferred share units, increasing his total beneficial ownership to 122,947 DSUs.

Summary

• Thomas R. Bates Jr., a Director of SSR Mining Inc. (SSRM), acquired 1,149 Deferred Share Units (DSUs).
• This transaction, dated October 1, 2025, increased his total beneficial ownership of DSUs to 122,947.
• Each DSU represents the right to receive the cash value of one Common Share of SSR Mining at the time of settlement.
• DSUs are earned upon grant and are scheduled to be settled upon the reporting person's retirement from the Issuer's Board of Directors.

Sentiment

Score: 7

Explanation: The grant of Deferred Share Units to a director is a positive indicator of management alignment with shareholder interests, as it ties a portion of their compensation to the long-term performance of the company's stock. This is a routine compensation event.

Positives

• The acquisition of 1,149 Deferred Share Units by Director Thomas R. Bates Jr. aligns his long-term interests with those of shareholders.
• The increase in beneficial ownership to 122,947 DSUs demonstrates continued commitment to the company's future performance.

Risks

• The value of the Deferred Share Units is directly tied to the future cash value of SSR Mining's common shares, exposing the holder to market fluctuations and company-specific performance risks.

Future Outlook

The Deferred Share Units are structured as a long-term incentive, with settlement occurring upon the reporting person's retirement from the Board, thereby aligning future compensation with the company's sustained performance.

Industry Context

This filing is a standard disclosure of insider ownership changes, a routine event across all publicly traded companies, and does not provide specific insights into broader industry trends beyond the general practice of executive and director compensation through equity grants.

Stakeholder Impact

• Shareholders: The grant of DSUs to a director aligns management's long-term interests with those of shareholders, potentially fostering decisions that enhance shareholder value.

Next Steps

• Settlement of the Deferred Share Units will occur upon Thomas R. Bates Jr.'s retirement from the Issuer's Board of Directors.

Key Dates

Recommendation

This Form 4 filing reports a routine grant of Deferred Share Units to a director, which is a standard compensation practice and indicates alignment of interests. However, it does not provide new fundamental information to warrant a change in investment recommendation based solely on this disclosure.

Keywords

SSR Mining, SSRM, Form 4, Insider Transaction, Director Compensation, Deferred Share Units, DSU, Equity Grant