Form 4: SSR Mining Executive Chairman Rodney Antal Acquires Shares and Performance Units

Rodney Antal, Executive Chairman of SSR Mining Inc., acquired common shares and performance share units on April 1, 2024.

Summary

• On April 1, 2024, Rodney Antal, the Executive Chairman of SSR Mining Inc., acquired 370,179 common shares.
• These shares were acquired at a price of $0.
• Following the transaction, Antal directly owns 1,185,613 common shares.
• Antal also acquired 370,179 performance share units, which represent a contingent right to receive a cash payment in the first quarter of 2027 based on performance criteria and continued service.
• The restricted share units vest in six equal installments over the next three years and convert on a one-for-one basis into common shares upon vesting, subject to continued service.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The acquisition of shares by the Executive Chairman suggests confidence, but it's a routine filing and doesn't provide substantial new information.

Positives

• The acquisition of shares by the Executive Chairman could be seen as a positive signal, indicating confidence in the company's future performance.

Future Outlook

The performance share units will vest based on achievement of specified performance criteria over the applicable performance period and subject to continued service through the vesting date, with a cash payment expected in the first quarter of 2027.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests between management and shareholders.

Stakeholder Impact

• The acquisition of shares by a key executive could positively influence shareholder sentiment.

Key Dates