SSRM.NASDAQSsr Mining INC

Form 4: SSR Mining Director Leigh Ann Fisher Reports Acquisition of Deferred Share Units

Sentiment:

SEC Form 4 Filing


Director Leigh Ann Fisher reports acquiring 9,554 deferred share units in SSR Mining Inc., convertible to common shares upon retirement from the board.

Summary

  • On April 1, 2024, Leigh Ann Fisher, a director of SSR Mining Inc., acquired 9,554 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 Fisher retires from the Issuer's Board of Directors.
  • Following the transaction, Fisher directly owns 32,198 DSUs.
  • The price of the derivative security is $0.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.

Future Outlook

The deferred share units will be settled 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 deferred share units by a director aligns their interests with those of shareholders, as the value of the units is tied to the company's stock performance.

Key Dates

DateDescription
04/01/2024Date of transaction: Leigh Ann Fisher acquired 9,554 deferred share units.
04/02/2024Date of signature for the Form 4 filing.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.