Form 4: SSR Mining Officer Adjusts Share Holdings
Statement of Changes in Beneficial Ownership
SSR Mining reports a transaction involving Chief Strategy Officer Fady Adel Edward Farid, who acquired shares through a tax withholding arrangement.
Summary
- Fady Adel Edward Farid, Chief Strategy Officer at SSR Mining Inc., was involved in a transaction on April 1, 2026.
- This transaction involved the acquisition of 10,389 common shares.
- The shares were acquired to satisfy tax withholding obligations related to the vesting of restricted stock units.
- The withholding occurred at a price of $32.21 per share.
- Following this transaction, Farid beneficially owns 255,635 common shares directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine administrative transaction related to executive compensation and tax obligations rather than a strategic decision or significant change in investment.
Positives
- The transaction indicates the vesting of restricted stock units, suggesting employee compensation and potential alignment of interests.
- The officer continues to hold a significant number of shares (255,635) directly, indicating continued investment in the company.
Negatives
- The transaction is a result of tax withholding, which implies a reduction in the number of shares an executive might otherwise receive or hold.
Future Outlook
No specific future outlook or guidance is provided in this filing, as it pertains to a change in beneficial ownership.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into executive shareholdings and activities. This specific filing details a common event related to equity compensation vesting and tax obligations.
Stakeholder Impact
- Shareholders: Increased transparency into executive share ownership and compensation-related transactions.
Key Dates
| Date | Description |
|---|---|
| 04/01/2026 | Transaction date for the acquisition of common shares by Fady Adel Edward Farid. |
| 04/02/2026 | Date of signature for the filing. |
Keywords
SSR Mining, Form 4, Insider Transaction, Stock Withholding, Restricted Stock Units, Beneficial Ownership, Executive Compensation
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