Form 4: SSR Mining Director Brian R. Booth Acquires Deferred Share Units
SEC Form 4 Filing
Director Brian R. Booth acquired 6,568 deferred share units of SSR Mining Inc. on April 1, 2024.
Summary
- On April 1, 2024, Brian R. Booth, a director of SSR Mining Inc., acquired 6,568 deferred share units (DSUs).
- These DSUs represent the right to receive the cash value of SSR Mining's common shares upon settlement.
- The DSUs are earned upon grant and will be settled when Mr. Booth retires from the Issuer's Board of Directors.
- Following the transaction, Mr. Booth directly owns 70,263 deferred share units.
- The transaction was reported on April 2, 2024.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
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 deferred share units by a director aligns their interests with those of the shareholders, as the value of the units is tied to the performance of the company's stock.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of transaction: Brian R. Booth acquired 6,568 deferred share units. |
| 04/02/2024 | Date of report filing. |
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