SSRM.NASDAQSsr Mining INC

Form 4: SSR Mining Director Karen Swager Acquires Deferred Share Units

Sentiment:

SEC Form 4


Director Karen Swager acquired 8,848 deferred share units of SSR Mining Inc. on October 1, 2024.

Summary

  • On October 1, 2024, Karen Swager, a director of SSR Mining Inc., acquired 8,848 deferred share units (DSUs).
  • Each DSU represents the right to receive the cash value of a Common Share of SSR Mining at the time of settlement.
  • The DSUs are earned upon grant and will be settled upon Ms. Swager's retirement from the Issuer's Board of Directors.
  • Following the transaction, Ms. Swager directly owns 51,584 DSUs.
  • The transaction was reported on October 3, 2024.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a transaction by a company director. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The DSUs will be settled upon the Reporting Person's retirement from the Issuer's Board of Directors.

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.

Key Dates

DateDescription
10/01/2024Date of transaction: Karen Swager acquired 8,848 deferred share units.
10/03/2024Date of Form 4 filing.

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