Form 4: SSR Mining Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
John Ebbett, EVP of Growth and Innovation at SSR Mining, disposed of 4,043 common shares to cover tax obligations related to vesting restricted stock units.
Summary
- On October 1, 2024, John Ebbett, EVP of Growth and Innovation at SSR Mining Inc., disposed of 4,043 common shares.
- The transaction was executed to satisfy tax withholding obligations related to the vesting of restricted stock units.
- The shares were withheld at a price of $5.74 per share.
- Following the transaction, Ebbett directly owns 110,528 common shares.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction (selling shares to cover taxes), so the sentiment is neutral.
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 shareholder interests.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of transaction: disposal of 4,043 common shares. |
| 10/03/2024 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.