SSRM Director Granted 1,149 DSUs; Ownership 90,778 Shares
Brian R. Booth, a director of SSR Mining Inc. (SSRM), reported a non‑derivative acquisition on 10/01/2025 of 1,149 deferred share units (DSUs).
Rhea-AI Filing Summary
Brian R. Booth, a director of SSR Mining Inc. (SSRM), reported a non‑derivative acquisition on 10/01/2025 of 1,149 deferred share units (DSUs). Each DSU represents the right to receive the cash value of one common share at settlement. The DSUs are earned on grant and are payable when Mr. Booth retires from the issuer's board. After this grant, the filing reports Mr. Booth's total beneficial ownership as 90,778 common shares. The transaction was reported on a Form 4 signed on 10/02/2025.
Positive
- 1,149 DSUs granted as director compensation aligns pay with shareholder value
- Beneficial ownership of 90,778 shares indicates continued meaningful equity stake
Negative
- None.
Insights
Director received 1,149 DSUs that vest to cash at board retirement.
The Form 4 documents a standard director compensation grant: 1,149 deferred share units were awarded on 10/01/2025. DSUs pay the cash value of one common share at settlement rather than issuing shares immediately, which can align director pay with shareholder value while deferring dilution.
The filing shows Mr. Booth's total reported beneficial ownership of 90,778 common shares, indicating his aggregate stake post‑grant as disclosed. The signature date on the form is 10/02/2025.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Share Unit | 1,149 | $0.00 | $0.00 |
Footnotes (1)
- F1. Each deferred share unit ("DSU") represents the right to receive the cash value of a Common Share of the Issuer at the time of settlement. DSUs are earned upon grant and settled upon the Reporting Person's retirement from the Issuer's Board of Directors.
FAQ
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What did SSR Mining director Brian R. Booth acquire on 10/01/2025?
What is a DSU according to this Form 4 for SSRM?
When are the DSUs payable for Mr. Booth?
When was the Form 4 for this transaction signed?
AI-generated analysis. How Rhea-AI works. Not financial advice.