Form 4: SSR Mining Exec Withholds Shares for Tax Obligations
Insider Transaction Report
SSR Mining's EVP of Operations and Sustainability, William K. MacNevin, withheld 7,313 common shares to cover tax obligations related to restricted stock unit vesting.
Summary
- William K. MacNevin, EVP, Ops & Sustainability at SSR Mining Inc. (SSRM), reported a transaction on October 1, 2025.
- The transaction involved the disposition of 7,313 common shares.
- These shares were withheld to satisfy tax withholding obligations associated with the vesting of restricted stock units.
- The shares were withheld at a price of $22.67 per share.
- Following this transaction, William K. MacNevin beneficially owns 250,576 common shares directly.
Sentiment
Score: 5
Explanation: The filing reports a routine, non-discretionary transaction for tax purposes related to executive compensation. It is neutral in terms of company performance or strategic direction.
Future Outlook
NA
Industry Context
This filing is a routine insider transaction related to executive compensation and tax obligations, which is common across all industries for publicly traded companies when restricted stock units vest.
Stakeholder Impact
- Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes by an executive, not indicative of a change in company fundamentals or strategy.
Key Dates
| Date | Description |
|---|---|
| 10/01/2025 | Date of transaction where shares were withheld for tax obligations. |
| 10/02/2025 | Date the Statement of Changes in Beneficial Ownership (Form 4) was signed. |
Keywords
SSR Mining, SSRM, Form 4, Insider Transaction, Share Withholding, Tax Obligations, Restricted Stock Units, Executive Compensation
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.