Form 4: SSR Mining Director Karen Swager Reports Share Unit Acquisition

SSR Mining Inc. Director Karen Swager acquired 2,148 deferred share units, representing future cash value of common shares.

Summary

• Karen A. Swager, a Director at SSR Mining Inc., acquired 2,148 deferred share units (DSUs) on April 1, 2026.
• These DSUs represent the right to receive the cash value of SSR Mining's common shares upon settlement.
• Settlement of these units is tied to the Reporting Person's retirement from the Issuer's Board of Directors.
• The acquisition is recorded as a direct beneficial ownership of 75,093 DSUs following this transaction.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, as it represents a standard executive compensation and retention mechanism rather than a significant new strategic development or financial performance indicator.

Positives

• Director Karen Swager has acquired additional deferred share units, indicating continued commitment and alignment with the company's long-term value.
• The acquisition of 2,148 DSUs suggests a belief in the future value of SSR Mining's common shares, as these units are settled in cash based on share value.

Risks

• The value of the deferred share units is subject to fluctuations in the market price of SSR Mining's common shares.
• The settlement of these units is contingent upon the Reporting Person's retirement from the Board, introducing a timing uncertainty.

Future Outlook

The deferred share units are earned upon grant and settled upon the Reporting Person's retirement from the Board, indicating a long-term incentive tied to future events and the company's share performance.

Industry Context

StockSavvy.ai notes that the acquisition of deferred share units by a director is a common practice in the mining industry to align executive interests with long-term shareholder value and company performance.

Stakeholder Impact

• Shareholders: The acquisition of DSUs by a director aligns management's interests with long-term shareholder value, potentially leading to better strategic decisions.
• Employees: Standard executive compensation practice, reinforcing the company's commitment to retaining key leadership.
• Management: Continued incentive for directors to remain with the company and focus on long-term share performance.

Next Steps

• Settlement of deferred share units upon Reporting Person's retirement from the Board of Directors.

Key Dates

Keywords

SSR Mining, SSRM, Form 4, Deferred Share Units, Director, Beneficial Ownership, Securities, Stock, Executive Compensation