Form 4: SSR Mining Executive Farid Edward Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Fady Adel Edward Farid, Chief Strategy Officer of SSR Mining Inc., sold shares to cover tax obligations related to vesting restricted stock units.
Summary
- On March 7, 2024, Fady Adel Edward Farid, the Chief Strategy Officer of SSR Mining Inc., disposed of common shares to cover tax obligations.
- A total of 2,803 shares were disposed of at a price of $4.51, and 3,540 shares were disposed of at a price of $4.52.
- These transactions resulted in a decrease in Farid's holdings, leaving him with 107,209 common shares beneficially owned.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for company insiders reporting transactions in their company's stock, providing transparency to the market.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they are related to tax obligations and do not indicate a change in the executive's long-term outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 03/07/2024 | Date of share disposal transactions. |
| 03/11/2024 | Date of signature on the Form 4 filing. |
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