SSR Mining (SSRM) executive equity grants and share withholding details
Rhea-AI Filing Summary
SSR Mining Inc.’s EVP, Growth and Innovation reported equity compensation and related tax withholding transactions. On January 1, 2026, the executive received 21,428 restricted share units, each representing a right to one common share that vests in three equal installments beginning on January 1, 2027. The filing also shows 9,610 common shares withheld at USD $21.02 to satisfy tax obligations tied to restricted stock unit vesting, leaving 172,722 common shares beneficially owned directly. In addition, the executive was granted 21,428 performance share units that provide a contingent right to a cash payment in the first quarter of 2029 based on achievement of specified performance criteria and continued service.
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FAQ
What insider transactions did SSRM executive report on January 1, 2026?
The EVP, Growth and Innovation of SSR Mining Inc. (SSRM) reported receiving 21,428 restricted share units and having 9,610 common shares withheld at USD $21.02 to cover tax obligations related to restricted stock unit vesting.
How many SSRM common shares does the reporting person own after these transactions?
Following the reported transactions, the EVP, Growth and Innovation beneficially owns 172,722 common shares of SSR Mining Inc. directly.
How do the new restricted share units for SSRM’s EVP vest?
The 21,428 restricted share units granted to the EVP, Growth and Innovation vest in three equal installments beginning on January 1, 2027. Upon each vesting date, one common share is issued for each vested unit and restrictions on those shares lapse.
What are the performance share units reported by the SSRM executive?
The EVP, Growth and Innovation was granted 21,428 performance share units, which provide a contingent right to receive a cash payment in the first quarter of 2029. The amount is determined under the governing plan based on specified performance criteria and continued service through the vesting date.
Why were 9,610 SSRM shares withheld and at what price?
The 9,610 common shares were withheld to satisfy tax withholding obligations arising from the vesting of restricted stock units. These shares were withheld at a price of USD $21.02 per share.
Does this SSRM Form 4/A reflect direct or indirect ownership for the executive?
The filing shows the EVP, Growth and Innovation holding 172,722 common shares and 21,428 performance share units as direct beneficial ownership.