SSRM.NASDAQSsr Mining INC

Form 4: SSR Mining Director Simon Adrian Fish Acquires Deferred Share Units

Sentiment:

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

DateDescription
07/01/2024Date of transaction: Simon A. Fish acquired 12,367 Deferred Share Units.
07/02/2024Date of signature for the Form 4 filing.

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