Form 4: SSR Mining Executive Acquires Shares and Performance Units

Russell Farnsworth, Chief Accounting Officer of SSR Mining Inc., reports acquisition of common shares and performance share units.

Summary

• On January 1, 2025, Russell Farnsworth, the Chief Accounting Officer of SSR Mining Inc., acquired 16,773 common shares.
• These shares were acquired at a price of $0.
• Following the transaction, Farnsworth directly owns 56,622 common shares.
• Farnsworth also acquired 16,773 performance share units, which represent a contingent right to receive a cash payment in the first quarter of 2028 based on performance criteria.
• The performance share units also had a price of $0.
• The restricted share units vest in three equal installments and convert on a one-for-one basis into Common Shares upon vesting.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard regulatory filing detailing insider transactions. The acquisition of shares by an executive could be interpreted as a slightly positive signal, but it's not a major event.

Positives

• The acquisition of shares by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The performance share units vest in the first quarter of 2028 and are contingent on the achievement of specified performance criteria over the applicable performance period and subject to continued service through the vesting date.

Industry Context

Form 4 filings are a routine part of regulatory compliance for publicly traded companies and their executives. They provide transparency into insider transactions and are closely watched by investors.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment, as it indicates confidence from a company executive.

Key Dates