4/A: SSR Mining Director Brian R. Booth Amends Deferred Share Unit Disclosure

An amended SEC Form 4 filing by SSR Mining Inc. director Brian R. Booth clarifies the acquisition of deferred share units.

Summary

• Brian R. Booth, a Director of SSR Mining Inc. (SSRM), filed an amended Form 4 (Form 4/A) with the SEC.
• The amendment reports the acquisition of 2,218 Deferred Share Units (DSUs) on July 1, 2025.
• 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 when the Reporting Person retires from the Issuer's Board of Directors.
• Following this reported transaction, Brian R. Booth beneficially owns a total of 89,629 Deferred Share Units.

Sentiment

Score: 7

Explanation: The filing is a routine disclosure of director compensation in the form of deferred share units, which is generally viewed as a positive for aligning director interests with shareholders, indicating stability and commitment.

Positives

• The grant of 2,218 Deferred Share Units (DSUs) to Director Brian R. Booth aligns his financial interests with the long-term performance of SSR Mining Inc., as DSUs are settled based on the cash value of common shares upon his retirement.
• The increase in Director Brian R. Booth's beneficial ownership of DSUs to 89,629 units demonstrates continued commitment to the company.

Future Outlook

Deferred Share Units (DSUs) granted to Director Brian R. Booth are designed to settle upon his retirement from the Issuer's Board of Directors, at which point he will receive the cash value equivalent to the common shares.

Industry Context

This filing is a routine disclosure of an insider transaction, specifically related to director compensation, and does not directly reflect broader industry trends or competitive dynamics within the mining sector.

Related Party Transactions

• The grant of 2,218 Deferred Share Units to Director Brian R. Booth is a related party transaction, representing a form of director compensation.

Stakeholder Impact

• Shareholders: The grant of Deferred Share Units to a director helps align the director's long-term financial interests with those of the shareholders, potentially fostering more shareholder-centric decision-making.

Next Steps

• Settlement of the Deferred Share Units (DSUs) upon Brian R. Booth's retirement from the SSR Mining Inc. Board of Directors.

Key Dates

Keywords

SSR Mining, SSRM, Brian R. Booth, Director, SEC Form 4, Form 4/A, Deferred Share Units, DSU, insider transaction, beneficial ownership, corporate governance