Sunshine Silver CEO files initial ownership report
Sunshine Silver Mining & Refining Co director and Chief Executive Officer White Heather Eileen filed an initial Form 3 reporting existing equity interests, with no new purchases or sales.
Rhea-AI Filing Summary
Sunshine Silver Mining & Refining Co director and Chief Executive Officer White Heather Eileen filed an initial Form 3 reporting existing equity interests, with no new purchases or sales. She may be deemed to beneficially own 50,000 shares of common stock and 25,000 warrants held indirectly through White Mining Consulting Inc. The filing also shows 1,463,000 stock options to buy common stock held directly, granted on July 15, 2025, vesting in three equal annual installments and exercisable at $4.00 per share, and warrants exercisable at $5.00 per share until September 30, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
White Heather Eileen
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Warrants | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 1,463,000 contracts (Direct);
Warrants — 25,000 contracts (Indirect, By White Mining Consulting Inc.);
Common Stock — 50,000 shares (Indirect, By White Mining Consulting Inc.)
Footnotes (3)
- F1. The reporting person is the President of White Mining Consulting Inc. and may be deemed to beneficially own securities held by White Mining Consulting Inc.
- F2. These stock options were granted on July 15, 2025 and vest in three equal annual installments on the first three anniversaries of the grant date, subject to the reporting person's continuous service.
- F3. Each warrant is exercisable for one share of common stock until the later of two years from the date of purchase or six months after the completion of the Issuer's initial public offering.
Key Figures
Indirect common stock holdings: 50,000 shares
Indirect warrants: 25,000 warrants
Warrant exercise price: $5.00 per share
+4 more
7 metrics
Indirect common stock holdings
50,000 shares
Common Stock held indirectly via White Mining Consulting Inc.
Indirect warrants
25,000 warrants
Warrants exercisable into common stock held indirectly
Warrant exercise price
$5.00 per share
Exercise price for warrants into common stock
Warrant expiration
September 30, 2027
Warrants exercisable until this date
Stock options underlying shares
1,463,000 shares
Underlying common stock for stock options held directly
Stock option exercise price
$4.00 per share
Exercise price for stock options granted July 15, 2025
Stock option expiration
July 15, 2035
Expiration date for stock options, subject to vesting
Key Terms
beneficially own, stock options, warrants, initial public offering
4 terms
beneficially own financial
"may be deemed to beneficially own securities held by White Mining Consulting Inc."
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
stock options financial
"These stock options were granted on July 15, 2025 and vest in three equal annual installments"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
warrants financial
"Each warrant is exercisable for one share of common stock until the later of two years from the date of purchase"
Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.
initial public offering financial
"six months after the completion of the Issuer's initial public offering"
An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Sunshine Silver Mining (SSMR) CEO report on this Form 3?
The CEO reports existing holdings, not new trades. She may be deemed to beneficially own 50,000 common shares, 25,000 warrants via White Mining Consulting Inc., and 1,463,000 stock options to buy common stock.
What derivative securities for SSMR does the CEO hold according to the Form 3?
She holds 25,000 warrants and 1,463,000 stock options. The warrants are exercisable into common stock, while the stock options provide a right to buy common shares at a fixed exercise price.
What are the exercise prices and expirations of the CEO’s SSMR derivatives?
The warrants are exercisable at $5.00 per share until September 30, 2027. The stock options are exercisable at $4.00 per share and expire on July 15, 2035, subject to vesting conditions.
Are there any buy or sell transactions in this Sunshine Silver (SSMR) Form 3?
No buy or sell transactions are reported. The filing lists existing holdings of common stock, warrants, and stock options as of the reporting date, without recording new purchases, sales, or exercises.
AI-generated analysis. How Rhea-AI works. Not financial advice.
