Sunshine Silver director granted 8,929 RSUs
Erfan Ali reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Erfan Ali reported acquisition or exercise transactions in this Form 4 filing.
Sunshine Silver Mining & Refining Co director Erfan Ali received 8,929 shares of common stock through a restricted stock unit (RSU) grant. The grant carries a price of $0.00 per share and is compensation-related rather than an open-market purchase.
The RSUs vest in full on the earlier of the first anniversary of the grant date or the day immediately preceding the company’s 2027 Annual Meeting of Stockholders, subject to Ali’s continued board service. Separately, an entity associated with Ali, Ajami Associates Limited, holds 346,160 shares of common stock indirectly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 8,929 shares
Grant/Award
2 txns
Insider
Erfan Ali
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,929 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 8,929 shares (Direct);
Common Stock — 346,160 shares (Indirect, By Ajami Associates Limited)
Footnotes (2)
- F1. Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs vest in full on the earlier of (i) the first anniversary of the grant date or (ii) the day immediately proceeding the date of the Issuer's 2027 Annual Meeting of Stockholders, subject to the reporting person's continued service as a member of the Issuer's Board of Directors through such date.
- F2. The reporting person is a director of Ajami Associates Limited and may be deemed to beneficially own securities held by Ajami Associates Limited.
Key Figures
RSU grant size: 8,929 shares
Grant price per share: $0.00 per share
Indirect holdings via Ajami Associates Limited: 346,160 shares
+1 more
4 metrics
RSU grant size
8,929 shares
Restricted stock units granted to Erfan Ali
Grant price per share
$0.00 per share
RSU grant to director Erfan Ali
Indirect holdings via Ajami Associates Limited
346,160 shares
Common stock held indirectly through Ajami Associates Limited
RSU vesting trigger
Earlier of first anniversary or pre-2027 meeting
Time- and service-based vesting condition for RSUs
Key Terms
restricted stock units ("RSUs"), beneficially own, Annual Meeting of Stockholders
3 terms
restricted stock units ("RSUs") financial
"Represents shares of restricted stock units ("RSUs") granted to the reporting person."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
beneficially own financial
"may be deemed to beneficially own securities held by Ajami Associates Limited."
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.
Annual Meeting of Stockholders regulatory
"the Issuer's 2027 Annual Meeting of Stockholders, subject to the reporting person's continued service"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Sunshine Silver (SSMR) report for Erfan Ali?
Sunshine Silver reported a compensation grant to director Erfan Ali. He received 8,929 restricted stock units (RSUs), each representing one share of common stock at $0.00 per share, increasing his equity-based compensation without an open-market share purchase or sale.
How many Sunshine Silver (SSMR) RSUs were granted to Erfan Ali and at what price?
Erfan Ali received 8,929 RSUs at $0.00 per share. Each RSU represents a contingent right to receive one share of Sunshine Silver’s common stock, reflecting a stock-based compensation award rather than a cash outlay or open-market transaction by the director.
What are the vesting terms of Erfan Ali’s Sunshine Silver (SSMR) RSU grant?
The RSUs vest in a single tranche based on time and service. They vest fully on the earlier of the first anniversary of the grant date or the day immediately preceding Sunshine Silver’s 2027 Annual Meeting, contingent on Ali’s continued service on the Board of Directors.
Does Erfan Ali have indirect holdings of Sunshine Silver (SSMR) stock?
Yes, an entity linked to Erfan Ali holds Sunshine Silver shares. Ajami Associates Limited holds 346,160 shares of common stock indirectly, and Ali is a director of that entity and may be deemed to beneficially own the securities it holds.
Is Erfan Ali’s Sunshine Silver (SSMR) RSU grant an open-market stock purchase?
No, the RSU grant is a compensation award, not a market trade. The 8,929 RSUs were granted at $0.00 per share as equity-based compensation, so they do not reflect an open-market buy or sell decision by the director.
AI-generated analysis. How Rhea-AI works. Not financial advice.
