F. Edward Farid: 10,395 SSRM shares withheld for taxes at $22.69
Rhea-AI Filing Summary
This Form 4 shows that F. Edward Farid, Chief Strategy Officer of SSR Mining Inc. (SSRM), had 10,395 common shares disposed of on 10/01/2025. The filing states those shares were withheld to satisfy tax withholding obligations arising from the vesting of restricted stock units, at a withholding price of USD $22.69 per share. After the withholding, the reporting person beneficially owned 259,409 common shares. The form was signed by an attorney‑in‑fact on 10/02/2025.
Positive
- 10,395 shares were disposed solely to satisfy tax withholding on vested RSUs, which is a routine administrative action
- Reporting shows continued material ownership of 259,409 common shares after the transaction
Negative
- A disposition of 10,395 shares was recorded on 10/01/2025, reducing the reporting person’s share count
- Withholding occurred at USD $22.69 per share, indicating vested RSUs were taxed at that value
Insights
Insider tax-withheld share disposition after RSU vesting; ownership remains sizable.
The filing documents a 10,395-share disposition on 10/01/2025 attributable to tax withholding on vested restricted stock units, not an open-market sale. That distinction matters because the company retained the underlying equity grant while satisfying withholding obligations.
Post-transaction beneficial ownership is reported as 259,409 shares, indicating the reporting person still holds a material equity stake. The transaction was executed at a withholding price of $22.69 per share and the Form 4 was signed on 10/02/2025.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares | 10,395 | $22.69 | $236K |
Footnotes (1)
- Represents shares withheld to satisfy tax withholding obligations with respect to the vesting of restricted stock units. Shares withheld at a price of USD $22.69.