Form 4: SSR Mining Director Simon Adrian Fish Acquires Deferred Share Units
SEC Form 4 Filing
Director Simon Adrian Fish acquired 12,367 deferred share units (DSUs) of SSR Mining Inc. on July 1, 2024.
Summary
- On July 1, 2024, Simon Adrian Fish, a director of SSR Mining Inc., acquired 12,367 deferred share units (DSUs).
- Following this transaction, Fish directly owns 110,928 DSUs.
- Each DSU represents the right to receive the cash value of a Common Share of SSR Mining Inc. upon retirement from the Issuer's Board of Directors.
- The price of each DSU is $0.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and aligns director interests with the company's long-term performance.
Future Outlook
The DSUs will be settled upon the Reporting Person's retirement from the Issuer's Board of Directors.
Industry Context
This filing reflects standard executive compensation practices within the mining industry, where deferred share units are often used to align the interests of directors with the long-term performance of the company.
Stakeholder Impact
- The acquisition of DSUs aligns the director's interests with those of the shareholders, as the value of the DSUs is tied to the performance of SSR Mining's common shares.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of transaction: Simon A. Fish acquired 12,367 Deferred Share Units. |
| 07/02/2024 | Date of signature for the Form 4 filing. |
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