Form 4: SSR Mining Director Simon Fish Acquires Deferred Share Units
SEC Form 4 Filing
Director Simon Fish acquired 13,435 deferred share units in SSR Mining Inc. on April 1, 2024, according to a Form 4 filing with the SEC.
Summary
- On April 1, 2024, Simon Fish, a director of SSR Mining Inc., acquired 13,435 deferred share units (DSUs).
- Each DSU represents the right to receive the cash value of a Common Share of SSR Mining at the time of settlement.
- The DSUs are earned upon grant and will be settled upon Mr. Fish's retirement from the Issuer's Board of Directors.
- Following the transaction, Mr. Fish beneficially owns 98,561 DSUs directly.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing related to the acquisition of deferred share units, which is a neutral event.
Future Outlook
The DSUs 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 the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of transaction: Simon Fish acquired 13,435 deferred share units. |
| 04/02/2024 | Date of signature on the Form 4 filing. |
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