Form 4: SSR Mining Director Karen Swager Reports Acquisition of Deferred Share Units
SEC Form 4 Filing
Director Karen Swager reports acquiring 4,832 deferred share units in SSR Mining Inc.
Summary
- Karen Swager, a director of SSR Mining Inc., filed a Form 4 on April 1, 2025, reporting a transaction.
- The transaction involved the acquisition of 4,832 deferred share units (DSUs).
- Following the transaction, Swager directly owns 63,930 DSUs.
- Each DSU represents the right to receive the cash value of a Common Share of SSR Mining upon retirement from the Board of Directors.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects standard compensation practices for board members, indicating alignment of interests with shareholders.
Future Outlook
The DSUs 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 practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The acquisition of DSUs by a director aligns their interests with those of shareholders, as the value is tied to the company's stock performance.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of earliest transaction and filing date of the Form 4. |
Keywords
Form 4, SSR Mining, Deferred Share Units, Director, Beneficial Ownership, SSRM, Karen Swager
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