Form 4: SSR Mining Executive MacNevin Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
William K. MacNevin, EVP of Operations & Sustainability at SSR Mining Inc., disposed of 2,422 common shares to cover tax obligations related to vesting restricted stock units.
Summary
- On March 7, 2024, William K. MacNevin, EVP, Ops & Sustainability of SSR Mining Inc., disposed of 2,422 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 $4.52 per share.
- Following the transaction, MacNevin directly owns 81,100 common shares of SSR Mining Inc.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction related to executive compensation and tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive sentiment and potential alignment with company performance.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/07/2024 | Date of transaction: Disposal of 2,422 common shares. |
| 03/11/2024 | Date of signature for the Form 4 filing. |
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