Form 4: SSR Mining Director Laura Mullen Acquires Deferred Share Units

Director Laura Mullen acquired 2,531 deferred share units in SSR Mining Inc. on April 1, 2025.

Summary

• On April 1, 2025, Laura Mullen, a director of SSR Mining Inc., acquired 2,531 deferred share units (DSUs).
• These DSUs represent the right to receive the cash value of SSR Mining's common shares upon settlement.
• The DSUs are earned upon grant and will be settled when Ms. Mullen retires from the Issuer's Board of Directors.
• Following the transaction, Ms. Mullen directly owns 4,024 DSUs.
• The price of each DSU is $0.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The acquisition of deferred share units by a director is generally seen as a positive sign, indicating confidence in the company's future performance. However, it's a routine transaction and doesn't necessarily indicate a major shift in the company's outlook.

Positives

• The acquisition of deferred share units by a director signals confidence in the company's future performance.

Future Outlook

The deferred share units will be settled upon the Reporting Person's retirement from the Issuer's Board of Directors, representing a future cash payout tied to the value of SSR Mining's common shares.

Industry Context

Deferred share units are a common form of executive compensation, aligning the interests of directors with those of shareholders by tying their compensation to the company's stock performance.

Comparison to Industry Standards

• Companies like Newmont Corporation (NEM) and Barrick Gold Corporation (GOLD) also utilize deferred share units as part of their director compensation packages.
• The specific terms and conditions of these units, such as vesting schedules and settlement dates, can vary significantly between companies.

Stakeholder Impact

• The acquisition of deferred share units by a director aligns the director's interests with those of shareholders, potentially leading to decisions that benefit the company's long-term value.

Key Dates

Keywords

SSR Mining, Director, Laura Mullen, Deferred Share Units, DSU, Beneficial Ownership, Form 4, SSRM