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.
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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.
How many SSR Mining (SSRM) common shares does the officer hold after the reported transactions?
Following the reported transactions, the Chief Strategy Officer directly beneficially owned 269,221 common shares of SSR Mining Inc..
What restricted share units were granted to the SSR Mining (SSRM) officer?
The officer was granted 23,015 restricted share units, each representing a contingent right to receive one common share of SSR Mining Inc. upon vesting. These units vest in three equal installments beginning on January 1, 2027, with shares issued on the vesting dates.
What are the performance share units reported in the SSR Mining (SSRM) filing?
The filing reports 23,015 performance share units, each representing a contingent right to receive a cash payment in the first quarter of 2029. The amount will be determined under the governing plan based on specified performance criteria over the performance period and is subject to the officer’s continued service through the vesting date.
At what price were SSR Mining (SSRM) shares withheld for taxes in this Form 4?
The 13,203 shares withheld to satisfy tax withholding obligations related to vesting restricted stock units were valued at a price of USD $21.16 per share.
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.