Form 4: SSR Mining Executive Farid Edward Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Fady Adel Edward Farid, Chief Strategy Officer of SSR Mining Inc., reports the withholding of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On March 7, 2025, Fady Adel Edward Farid, Chief Strategy Officer of SSR Mining Inc., reported changes in beneficial ownership of common shares.
- A total of 3,163 shares were disposed of to cover tax withholding obligations at a price of $9.8 per share.
- An additional 3,991 shares were disposed of for tax obligations at a price of $9.87 per share.
- Following these transactions, Farid directly owns 280,198 common shares.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations, so it doesn't significantly impact sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- Shareholders are informed about changes in insider ownership.
- The company's equity structure is slightly affected by the share disposal.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Date of the transactions involving the disposal of common shares for tax withholding. |
| 03/11/2025 | Date of signature for the report. |
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