SSR Mining Inc. (SSRM) details CFO share grants and tax withholding
Rhea-AI Filing Summary
SSR Mining Inc. filed an amended insider report for its Chief Financial Officer, noting equity-related transactions on January 1, 2026. The CFO had 12,522 common shares withheld at $21.02 per share to cover tax obligations tied to the vesting of restricted stock units. After this withholding, the CFO’s direct holdings were reported as 285,180 common shares.
On the same date, the CFO received a grant of 24,603 restricted stock units at a stated price of $0, increasing directly held common shares reported to 309,783. The filing also records a grant of 24,603 performance share units, which represent 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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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Share Units | 24,603 | $0.00 | -- |
| Tax Withholding | Common Shares | 12,522 | $21.02 | $263K |
| Grant/Award | Common Shares | 24,603 | $0.00 | -- |
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 $21.02. Each restricted share unit represents a contingent right to receive one of the Issuer's Common Shares upon vesting. The restricted stock unit grant vests in three equal installments beginning on January 1, 2027. The vested shares will be issued to the Reporting Person on the vesting dates, at which time all restrictions on the vested shares will lapse. Each restricted share unit represents a contingent right to receive one of the Issuer's Common Shares upon vesting. These performance share units represent a contingent right to receive a cash payment from the Issuer in the first quarter of 2029 in an amount determined pursuant to the plan governing such units based on achievement of specified performance criteria over the applicable performance period and subject to continued service through the vesting date.
FAQ
What insider transactions did SSR Mining (SSRM) report for its CFO on January 1, 2026?
The CFO of SSR Mining Inc. reported two equity transactions on January 1, 2026: 12,522 common shares were withheld at $21.02 per share to cover taxes on vesting restricted stock units, and a grant of 24,603 restricted stock units at a stated price of $0 was recorded.
What are the terms of the restricted stock units granted to the SSR Mining CFO?
Each restricted stock unit gives the CFO a contingent right to receive one common share of SSR Mining Inc. upon vesting. The grant of 24,603 restricted stock units vests in three equal installments beginning on January 1, 2027, and the vested shares are issued on the vesting dates when restrictions lapse.
Did the SSR Mining CFO pay cash for the new restricted stock units?
The filing lists the 24,603 restricted stock units with a stated price of $0, indicating they were granted as part of compensation rather than purchased for cash.
Is the SSR Mining CFO’s Form 4 an amendment to a prior filing?
Yes. The document is marked as an amended report, referencing an original filing dated January 6, 2026.