Form 4: SSR Mining Executive Adjusts Share Holdings
Statement of Changes in Beneficial Ownership
SSR Mining Inc. reports a transaction involving Executive Vice President William K. MacNevin, who had shares withheld for tax obligations.
Summary
- William K. MacNevin, EVP of Operations & Sustainability at SSR Mining Inc., engaged in a transaction on April 1, 2026.
- 7,382 common shares were acquired (withheld) by MacNevin.
- These shares were withheld to cover tax obligations related to the vesting of restricted stock units.
- The shares were withheld at a price of $31.62 per share.
- Following this transaction, MacNevin beneficially owns 246,729 common shares directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine administrative transaction for tax purposes rather than a strategic decision or a reflection of company performance.
Positives
- The transaction addresses tax obligations related to vested restricted stock units, indicating that equity compensation is vesting as expected.
- The executive maintains a significant direct beneficial ownership of 246,729 common shares, suggesting continued commitment to the company.
Negatives
- The withholding of shares for tax purposes represents a reduction in the executive's net holdings, although it is a standard procedure.
Future Outlook
No specific future outlook or guidance is provided in this Form 4 filing, which details a past transaction.
Industry Context
StockSavvy.ai notes that Form 4 filings are routine disclosures for insider transactions and are standard practice in the mining industry as executives manage their equity compensation and tax liabilities.
Stakeholder Impact
- Shareholders: The transaction itself does not directly impact the number of outstanding shares or the company's market capitalization. It is an internal matter for the executive's compensation plan.
- Employees: This filing is specific to executive compensation and does not directly affect the broader employee base, though it is part of the company's overall compensation structure.
- Management: Confirms the standard process for managing equity-based compensation and associated tax liabilities for senior executives.
Key Dates
| Date | Description |
|---|---|
| 04/01/2026 | Transaction Date for share withholding. |
| 04/02/2026 | Date of filing signature. |
Keywords
SSR Mining, Form 4, Beneficial Ownership, William K. MacNevin, Restricted Stock Units, Tax Withholding, Executive Compensation, Share Transaction
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