Form 4: SSR Mining Executive Farid Edward Reports Acquisition of Shares and Performance Share Units

Fady Adel Edward Farid, Chief Strategy Officer of SSR Mining Inc., reported the acquisition of common shares and performance share units on April 1, 2024.

Summary

• On April 1, 2024, Fady Adel Edward Farid, the Chief Strategy Officer of SSR Mining Inc., reported acquiring 116,505 common shares and 116,505 performance share units.
• The common shares were acquired at a price of $0.
• Following the transaction, Farid directly owns 223,714 common shares.
• The performance share units represent a contingent right to receive a cash payment in the first quarter of 2027, based on performance criteria and continued service.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard disclosure of executive compensation. The acquisition of shares could be seen as a slightly positive sign of confidence, 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 prospects.

Future Outlook

The performance share units vest in 2027 and are contingent on the company's performance and Farid's continued service.

Industry Context

This filing is a routine disclosure related to executive compensation and holdings, common in the mining industry and other publicly traded companies.

Key Dates