SSR Mining (SSRM) Chief Strategy Officer reports RSU and PSU grants
Rhea-AI Filing Summary
SSR Mining Inc. Chief Strategy Officer reports equity award activity. The filing shows that on January 1, 2026, 13,203 common shares were withheld to cover tax obligations related to vesting restricted stock units at a price of USD $21.16 per share. On the same date, the officer received a grant of 23,015 restricted share units, each representing a contingent right to one common share that vests in three equal installments beginning January 1, 2027. After these transactions, the officer directly held 269,221 common shares.
The filing also reports 23,015 performance share units, which are derivative securities tied to the company’s performance. These units correspond to an equivalent number of common shares and provide a contingent right 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 | 23,015 | $0.00 | -- |
| Tax Withholding | Common Shares | 13,203 | $21.16 | $279K |
| Grant/Award | Common Shares | 23,015 | $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 $21.16. 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 transaction did SSR Mining (SSRM) report for January 1, 2026?
The Chief Strategy Officer of SSR Mining Inc. reported that on January 1, 2026, 13,203 common shares were withheld to satisfy tax withholding obligations related to the vesting of restricted stock units, at a price of USD $21.16 per share, and that new equity-based awards were granted on the same date.
Does the SSR Mining (SSRM) Form 4 involve derivative securities?
Yes. The filing reports 23,015 performance share units as derivative securities, each tied to the value of one common share and providing a right to a cash payment in the first quarter of 2029, based on performance criteria and continued service.