Form 4: SSR Mining Executive Farid Edward Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Fady Adel Edward Farid, Chief Strategy Officer of SSR Mining Inc., disposed of 10,394 common shares on April 1, 2025, to cover tax obligations related to vesting restricted stock units.
Summary
- On April 1, 2025, Fady Adel Edward Farid, the Chief Strategy Officer of SSR Mining Inc., reported a transaction involving the disposal of 10,394 common shares.
- The shares were disposed of to satisfy tax withholding obligations related to the vesting of restricted stock units.
- The transaction was executed at a price of $9.905 per share.
- Following the transaction, Farid Edward directly owns 269,804 common shares of SSR Mining Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to an executive's stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of the share disposal transaction. |
| 04/03/2025 | Date of signature for the Form 4 filing. |
Keywords
SSRM, SSR Mining Inc., Fady Adel Edward Farid, Chief Strategy Officer, Form 4, Share Disposal, Tax Obligations, Restricted Stock Units, Beneficial Ownership
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