Form 4: SSR Mining Director Karen Swager Acquires Deferred Share Units
SEC Form 4 Filing
Director Karen Swager acquired 11,543 deferred share units (DSUs) of SSR Mining Inc. on July 1, 2024.
Summary
- On July 1, 2024, Karen Swager, a director of SSR Mining Inc., acquired 11,543 deferred share units (DSUs).
- These DSUs represent the right to receive the cash value of a Common Share of the Issuer 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 beneficially owns 42,736 DSUs directly.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a director's acquisition of deferred share units, which is neither particularly positive nor negative.
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 the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of transaction: Karen Swager acquired 11,543 deferred share units. |
| 07/02/2024 | Date of signature for the Form 4 filing. |
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