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

Director Karen Swager acquired 12,539 deferred share units in SSR Mining Inc. on April 1, 2024.

Summary

• On April 1, 2024, Karen Swager, a director of SSR Mining Inc., acquired 12,539 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 Swager's retirement from the Issuer's Board of Directors.
• Following the transaction, Swager directly owns 31,193 deferred share units.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing a director's acquisition of deferred share units. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about insider transactions.

Future Outlook

The deferred share units will be settled in cash upon the Reporting Person's retirement from the Issuer's Board of Directors.

Industry Context

Form 4 filings are standard disclosures required by the SEC for insiders (directors, officers, and 10% owners) of publicly traded companies, providing transparency into their transactions in the company's securities. This filing indicates a director's increased stake in the company through deferred compensation.

Stakeholder Impact

• The acquisition of deferred share units by a director aligns her interests with those of the shareholders, as her compensation is tied to the company's performance.

Key Dates