Form 4: SSR Mining Executive MacNevin Reports Share Transactions
SEC Form 4 Filing
William K. MacNevin, EVP of Operations & Sustainability at SSR Mining, reports acquisition and disposal of common shares and performance share units.
Summary
- William K. MacNevin, an EVP at SSR Mining Inc., filed a Form 4 detailing changes in beneficial ownership.
- On January 1, 2025, MacNevin acquired 76,586 common shares and 76,586 performance share units.
- The common shares were acquired at a price of $0.
- On January 3, 2025, MacNevin disposed of 6,722 common shares at a price of $7.16.
- Following these transactions, MacNevin beneficially owns 265,711 common shares and 76,586 performance share units.
- The performance share units represent a contingent right to receive a cash payment in Q1 2028 based on performance criteria.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing insider transactions, with no inherent positive or negative sentiment.
Future Outlook
The performance share units vest in the first quarter of 2028 and are contingent on the achievement of specified performance criteria and continued service.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 01/01/2025 | Acquisition of 76,586 common shares and 76,586 performance share units. |
| 01/03/2025 | Disposal of 6,722 common shares to cover tax obligations. |
| 01/01/2028 | Date performance share units are exercisable. |
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