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SSR Mining director receives 1,149 deferred share units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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 Mullen Laura M
Role Director
Type Security Shares Price Value
Grant/Award Deferred Share Unit 1,149 $0.00 --
Holdings After Transaction: Deferred Share Unit — 7,390 shares (Direct)
Footnotes (1)
  1. [object Object]
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Mullen Laura M
(Last) (First) (Middle)
6900 E. LAYTON AVE
SUITE 1300
(Street)
DENVER CO 80237
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SSR MINING INC. [ SSRM ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Deferred Share Unit (1) 10/01/2025 A 1,149 (1) (1) Common Shares 1,149 $0 7,390 D
Explanation of Responses:
1. 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.
Remarks:
/s/ Jasmine Miller, attorney-in-fact for Laura Mullen 10/02/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What did the Form 4 filed for SSRGF / SSRM report?

It reported a grant of 1,149 deferred share units (DSUs) to director Laura Mullen on 10/01/2025 and total beneficial ownership of 7,390 common shares after the transaction.

What is a DSU as described in this filing?

Each DSU "represents the right to receive the cash value of a Common Share" at settlement; DSUs are earned at grant and settled in cash when the director retires from the board.

Does the DSU grant dilute SSRM common shares?

No. The filing states DSUs will be settled in cash, so they do not represent immediate issuance of common shares and therefore do not dilute share count at grant.

How many shares does Laura Mullen beneficially own after this transaction?

The Form 4 reports 7,390 common shares beneficially owned following the reported transaction.

When was the Form 4 signed and filed?

The signature block shows the filing was signed by an attorney‑in‑fact on 10/02/2025.