Aura Minerals (AUGO) director details 82,785 deferred share units in Form 3/A
Rhea-AI Filing Summary
Aura Minerals Inc. director Stephen Norman Sydney Keith filed an amended initial ownership report detailing his holdings of deferred share units. The filing shows he holds deferred share units tied to 82,785 underlying common shares. These units were granted under Aura Minerals’ Director's Deferred Share Unit Plan and will be settled in cash rather than shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Stephen Norman Sydney Keith Keith
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Deferred Share Unit | -- | -- | -- |
Holdings After Transaction:
Deferred Share Unit — 82,785 shares (Direct)
Footnotes (1)
- F1. Each deferred share unit ("DSU") means a unit credited by the Issuer to an eligible director by way of a bookkeeping entry in the books of the Issuer, as determined by the board, the value of which at any particular date shall be the Fair Market Value (as defined in the DSU Plan) at that date. The DSUs were granted pursuant to the Issuer's Director's Deferred Share Unit Plan dated April 22, 2010 ("DSU Plan"). The DSU Plan was terminated on May 2, 2017. DSUs will be settled in cash.
Key Figures
Underlying common shares: 82,785 shares
Exercise price of DSUs: $0.0000 per unit
Deferred share unit holdings: 82,785 underlying shares
3 metrics
Underlying common shares
82,785 shares
Tied to director’s deferred share units
Exercise price of DSUs
$0.0000 per unit
Deferred share unit terms
Deferred share unit holdings
82,785 underlying shares
Director’s derivative position after filing
Key Terms
Deferred Share Unit, Director's Deferred Share Unit Plan, Fair Market Value
3 terms
Fair Market Value financial
"the value of which at any particular date shall be the Fair Market Value (as defined in the DSU Plan)"
The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Aura Minerals (AUGO) disclose in this amended Form 3?
Aura Minerals director Stephen Norman Sydney Keith reports his holdings of deferred share units linked to 82,785 common shares. The amendment clarifies his equity-based compensation position rather than reporting any new stock purchases or sales.
Which compensation plan governs the DSUs reported for Aura Minerals (AUGO)?
The deferred share units were granted under Aura Minerals’ Director's Deferred Share Unit Plan dated April 22, 2010. Although this DSU Plan was terminated on May 2, 2017, previously granted units remain outstanding and will be settled in cash.
Does the Aura Minerals (AUGO) Form 3/A show any insider buying or selling?
No explicit buying or selling is reported. The Form 3/A records holdings of deferred share units linked to 82,785 underlying common shares, reflecting compensation arrangements rather than open-market transactions.