SSR Mining (SSRM) insider details RSU tax withholding, PSU incentive grant
Rhea-AI Filing Summary
SSR Mining Inc. executive vice president of operations and sustainability reported routine equity compensation activity and related tax withholding. On January 1, 2026, 10,735 common shares and 9,833 common shares were withheld to cover taxes on vesting restricted stock units at a price of USD $21.02 per share. After these transactions, the reporting person beneficially owned 230,008 and then 254,611 common shares directly.
The executive also received a new grant of 24,603 restricted stock units, vesting in three equal installments beginning January 1, 2027, each convertible into one common share upon vesting at no exercise price. In addition, 24,603 performance share units were awarded, which may result in 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 | 10,735 | $21.02 | $226K |
| Tax Withholding | Common Shares | 9,833 | $21.02 | $207K |
| 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.