Form 4: SSR Mining Director Thomas R. Bates Jr. Reports Acquisition of Deferred Share Units
SEC Form 4 Filing
Director Thomas R. Bates Jr. acquired 3,936 deferred share units (DSUs) of SSR Mining Inc. on January 1, 2025.
Summary
- Thomas R. Bates Jr., a director of SSR Mining Inc., reported a transaction on January 1, 2025.
- He acquired 3,936 deferred share units (DSUs).
- Following the transaction, Bates directly owns 117,050 DSUs.
- Each DSU represents the right to receive the cash value of a Common Share of SSR Mining upon retirement from the Board of Directors.
- The price of each derivative security is $0.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and is a standard practice for directors and officers of publicly traded companies.
Stakeholder Impact
- The acquisition of DSUs by a director aligns the director's interests with those of the shareholders, as the value of the DSUs is tied to the performance of the company's common shares.
Key Dates
| Date | Description |
|---|---|
| 01/01/2025 | Date of transaction: Acquisition of Deferred Share Units |
| 01/03/2025 | Date of signature for the Form 4 filing |
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