SSRM: Director Laura Mullen Granted 1,149 DSUs on 10/01/2025
Laura Mullen, a director of SSR Mining Inc. (SSRM), was granted 1,149 deferred share units (DSUs) on 10/01/2025.
Rhea-AI Filing Summary
Laura Mullen, a director of SSR Mining Inc. (SSRM), was granted 1,149 deferred share units (DSUs) on 10/01/2025. Each DSU represents the right to receive the cash value of one common share at settlement. The filing reports 1,149 DSUs added with a reported price of $0 for the grant, and shows 7,390 common shares beneficially owned by Ms. Mullen following the transaction. The DSUs are earned when granted and will be settled in cash when Ms. Mullen retires from the issuer's board.
Positive
- 1,149 DSUs granted as standard non‑cash director compensation
- DSUs settle in cash, avoiding immediate share dilution
Negative
- The filing shows no cash value per DSU at grant (price reported as $0) which provides no immediate transparency on eventual payout magnitude
Insights
Director compensation used DSUs for deferred cash payout upon retirement.
The filing discloses a non‑cash grant of 1,149 DSUs on 10/01/2025, which convert to the cash value of one common share each at settlement. This is a routine director compensation mechanism that defers cash payout until board departure, reducing immediate cash outflow for the company.
The report also shows Ms. Mullen holds 7,390 common shares after the grant; the DSUs are reported separately and will not dilute share count because they settle in cash.
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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