Form 4: SSR Mining Director Booth Reports DSU Transaction
Statement of Changes in Beneficial Ownership
SSR Mining Inc. Director Brian R. Booth reported a transaction involving deferred share units, with 1,028 units earned and settled upon his retirement from the Board.
Summary
- Brian R. Booth, a Director at SSR Mining Inc., has filed a Form 4 statement detailing a transaction related to Deferred Share Units (DSUs).
- The transaction involved 1,028 DSUs, which represent the right to receive the cash value of SSR Mining's common shares upon settlement.
- These DSUs were earned upon grant and are settled upon the reporting person's retirement from the Issuer's Board of Directors.
- The earliest transaction date reported is April 1, 2026, with the filing date being April 2, 2026.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine disclosure of insider compensation settlement rather than a significant strategic or financial event.
Positives
- Director Brian R. Booth has fulfilled his reporting obligations regarding a transaction involving deferred share units.
- The transaction of 1,028 DSUs indicates a planned settlement related to the director's tenure and retirement from the board.
Future Outlook
The filing indicates that the deferred share units are settled upon the reporting person's retirement from the Issuer's Board of Directors, suggesting a future cash settlement event for these units.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions in publicly traded companies, ensuring transparency in beneficial ownership and trading activities within the mining sector.
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
| Director | Brian R. Booth | Upon retirement | Retirement from the Issuer's Board of Directors |
Related Party Transactions
- Transaction involving 1,028 Deferred Share Units (DSUs) for Director Brian R. Booth, representing compensation settled upon retirement.
Stakeholder Impact
- Shareholders: Increased transparency regarding director compensation and potential future cash outflows related to DSU settlements.
- Employees: Indirect impact through the company's compensation structure for its board members.
- Management: Reinforces adherence to SEC reporting requirements for insider transactions.
Next Steps
- Settlement of 1,028 Deferred Share Units upon the reporting person's retirement from the Board of Directors.
Key Dates
| Date | Description |
|---|---|
| 04/01/2026 | Earliest transaction date |
| 04/02/2026 | Filing date of the Form 4 |
Keywords
SSR Mining Inc., SSRM, Form 4, Director, Deferred Share Units, DSU, Beneficial Ownership, Securities Exchange Act
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