Form 4: SSR Mining Officer Adjusts Share Holdings

SSR Mining Inc. reports a transaction involving Chief Accounting Officer Russell Farnsworth, who had shares withheld for tax obligations.

Summary

• Russell Farnsworth, Chief Accounting Officer at SSR Mining Inc., engaged in a transaction on April 1, 2026.
• 1,397 common shares were withheld to cover tax obligations related to the vesting of restricted stock units.
• These shares were withheld at a price of $31.62 per share.
• Following this transaction, Farnsworth beneficially owns 53,374 common shares directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard administrative transaction for tax purposes rather than a strategic decision by management.

Positives

• The transaction addresses tax withholding obligations, a standard procedure for vested equity awards.
• The reporting person maintains a significant direct beneficial ownership of 53,374 shares.

Negatives

• The withholding of shares represents a disposition of equity, reducing the reporting person's direct holdings.

Future Outlook

No specific future outlook or guidance is provided in this filing.

Industry Context

StockSavvy.ai notes that Form 4 filings are routine disclosures for insider transactions, often related to vesting of equity awards and associated tax obligations. This filing is typical for an officer of a publicly traded company like SSR Mining Inc.

Stakeholder Impact

• Shareholders: The transaction does not represent a change in beneficial ownership strategy but rather a tax-related event. The reporting person retains a significant stake in the company.

Key Dates

Keywords

SSR Mining, Form 4, Insider Transaction, Share Withholding, Tax Obligations, Restricted Stock Units, Beneficial Ownership, Russell Farnsworth