SSR Mining (SSRM) CFO details stock units and tax withholding in Form 4/A filing
Rhea-AI Filing Summary
SSR Mining Inc.'s Chief Financial Officer, Michael J. Sparks, reported equity compensation and related tax withholding transactions dated 01/01/2026. He received 24,603 restricted share units, each representing a right to one common share, vesting in three equal installments beginning on January 1, 2027. In connection with vesting of restricted stock units, 11,645 common shares were withheld at USD $21.02 per share to satisfy tax obligations.
Following these transactions, Sparks beneficially owned 310,660 common shares directly. He also was granted 24,603 performance share units, which entitle him to a cash payment in the first quarter of 2029 based on achievement of specified performance criteria and continued service through the vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Share Units | 24,603 | $0.00 | -- |
| Grant/Award | Common Shares | 24,603 | $0.00 | -- |
| Tax Withholding | Common Shares | 11,645 | $21.02 | $245K |
Footnotes (1)
- 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. 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. 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 transaction did SSR Mining (SSRM) report for its CFO?
SSR Mining Inc.'s Chief Financial Officer, Michael J. Sparks, reported equity compensation transactions dated 01/01/2026, including grants of restricted share units and performance share units, as well as shares withheld to cover tax obligations on vested restricted stock units.