SSRM.NASDAQSsr Mining INC

Form 4: SSR Mining Executive MacNevin Reports Share Disposal for Tax Obligations

Sentiment:

SEC Form 4 Filing


William K. MacNevin, EVP of Operations & Sustainability at SSR Mining, disposed of 5,776 common shares to cover tax obligations related to vesting restricted stock units.

Summary

  • On April 1, 2025, William K. MacNevin, EVP of Operations & Sustainability at SSR Mining Inc., disposed of 5,776 common shares.
  • The transaction was executed to satisfy tax withholding obligations associated with the vesting of restricted stock units.
  • The shares were sold at a price of $9.9799 per share.
  • Following the transaction, MacNevin directly owns 257,889 common shares of SSR Mining Inc.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to insider transactions, with no inherent positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Comparison to Industry Standards

  • Form 4 filings are a standard regulatory requirement for publicly traded companies in the United States, ensuring transparency regarding insider transactions.
  • Companies like Newmont Corporation (NEM) and Barrick Gold Corporation (GOLD) also have executives who regularly file Form 4s when they trade their company's stock.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.

Key Dates

DateDescription
04/01/2025Date of transaction: disposal of 5,776 common shares.
04/03/2025Date of signature for the Form 4 filing.

Keywords

SSRM, SSR Mining, William K. MacNevin, Form 4, Beneficial Ownership, Tax Withholding, Restricted Stock Units, Share Disposal

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