Form 4: SSR Mining Director Kay G. Priestly Acquires Deferred Share Units
SEC Form 4 Filing
Director Kay G. Priestly acquired 6,046 deferred share units of SSR Mining Inc. on July 1, 2024.
Summary
- On July 1, 2024, Kay G. Priestly, a director of SSR Mining Inc., acquired 6,046 deferred share units (DSUs).
- Each DSU represents the right to receive the cash value of a Common Share of the Issuer at the time of settlement.
- DSUs are earned upon grant and settled upon the Reporting Person's retirement from the Issuer's Board of Directors.
- Following the transaction, Priestly beneficially owns 47,842 DSUs.
- The transaction was reported on July 2, 2024.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a transaction involving deferred share units. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a standard SEC Form 4 filing, reflecting a change in beneficial ownership by a company insider. It is common for directors to receive deferred share units as part of their compensation.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder confidence as it shows a director increasing their stake in the company.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of transaction: Kay G. Priestly acquired 6,046 deferred share units. |
| 07/02/2024 | Date of report filing. |
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