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

Russell Farnsworth, Chief Accounting Officer of SSR Mining Inc., disposed of 651 common shares on September 9, 2024, to cover tax obligations related to vesting restricted stock units.

Summary

• On September 9, 2024, Russell Farnsworth, the Chief Accounting Officer of SSR Mining Inc., reported a transaction involving the disposal of 651 common shares.
• The shares were disposed of to satisfy tax withholding obligations associated with the vesting of restricted stock units.
• The transaction was executed at a price of CAD $6.84 per share, equivalent to USD $5.05.
• Following the transaction, Farnsworth directly owns 41,114 common shares of SSR Mining Inc.

Sentiment

Score: 5

Explanation: The document describes a routine transaction related to tax obligations, which is neither particularly positive nor negative. It's a neutral event in the context of the company's overall performance.

Industry Context

Form 4 filings are a routine part of regulatory compliance for publicly traded companies, providing transparency into the transactions of company insiders. This filing indicates a standard transaction related to tax obligations upon vesting of restricted stock units, a common form of executive compensation.

Key Dates