Form 4: SSR Mining Director Thomas Bates Jr. Increases Equity Holdings with DSU Grant

SSR Mining Inc. Director Thomas R. Bates Jr. reported the acquisition of 926 Deferred Share Units, increasing his beneficial ownership to 120,507 DSUs.

Summary

• Thomas R. Bates Jr., a Director of SSR Mining Inc., acquired 926 Deferred Share Units (DSUs).
• The transaction date for this acquisition was July 1, 2025.
• Following this transaction, Mr. Bates beneficially owns a total of 120,507 DSUs.
• Each DSU represents the right to receive the cash value of one Common Share of SSR Mining Inc.
• DSUs are earned upon grant and are settled when the reporting person retires from the Issuer's Board of Directors.

Sentiment

Score: 6

Explanation: The filing is neutral in tone, reporting a routine insider transaction. The acquisition of DSUs by a director is generally viewed as a positive alignment of interests, slightly tipping the sentiment above purely neutral.

Positives

• The acquisition of Deferred Share Units by a director aligns their interests with shareholders, as the value of DSUs is tied to the company's common share price.

Negatives

• No negative information is present in this Form 4 filing.

Risks

• No specific risks are mentioned in this Form 4 filing.

Future Outlook

This Form 4 filing reports a past transaction and does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This Form 4 filing details an insider transaction, which is a routine disclosure for publicly traded companies across all industries, including the mining sector. It reflects standard equity compensation practices for board members rather than broader industry trends or competitive dynamics.

Comparison to Industry Standards

• This Form 4 filing reports a standard director equity compensation grant. The practice of granting Deferred Share Units (DSUs) or similar equity-linked instruments to non-executive directors is common across various industries, including mining, to align director interests with shareholder value.
• Specific comparable companies or projects are not relevant for this type of filing, as it pertains to individual compensation rather than operational or financial performance benchmarks.

Related Party Transactions

• The acquisition of 926 Deferred Share Units by Director Thomas R. Bates Jr. represents a compensation-related transaction between a related party (director) and the issuer.

Stakeholder Impact

• Shareholders: The grant of DSUs to a director aligns the director's financial interests with the long-term performance of the company's stock, potentially benefiting shareholders if the stock price increases.
• Employees, Customers, Suppliers, Creditors: This specific transaction has no direct or immediate impact on these stakeholder groups.

Next Steps

• The Deferred Share Units acquired by Thomas R. Bates Jr. will be settled upon his retirement from SSR Mining Inc.'s Board of Directors.

Key Dates

Keywords

SSR Mining, SSRM, Form 4, Insider Trading, Director Compensation, Deferred Share Units, DSU, Thomas R. Bates Jr., Equity Compensation, Mining Industry