STOCK TITAN

SSR Mining CAO awarded 22 restricted, 43 performance units

SSR Mining’s chief accounting officer received additional dividend-based RSUs and performance share units that increase his equity-linked exposure to the company.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

SSR MINING INC. (SSRM) reported that Chief Accounting Officer Russell Farnsworth acquired equity-linked awards on September 11, 2026. He received 22 restricted share units as dividend equivalents on existing grants, increasing his direct holdings to 53,396 Common Shares. He also received 43 dividend equivalent performance share units, which may settle in cash in the first quarters of 2027, 2028 and 2029 based on specified performance criteria and continued service. No Rule 10b5-1 trading plan is reported.

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Insider Farnsworth Russell
Role Chief Accounting Officer
Type Security Shares Price Value
Grant/Award Performance Share Units F2, F3 24 $0.00 $0.00
Grant/Award Performance Share Units F4, F3 15 $0.00 $0.00
Grant/Award Performance Share Units F5, F3 4 $0.00 $0.00
Grant/Award Common Shares F1 22 $0.00 $0.00
Holdings After Transaction: Performance Share Units — 48,569 contracts (Direct); Common Shares — 53,396 shares (Direct)
Footnotes (5)
  1. F1. Represents dividend equivalent restricted share units acquired in connection with the Issuer's quarterly dividend and the restricted stock units issued on April 1, 2024, January 1, 2025 and January 1, 2026 and vest subject to continuing service of the Reporting Person through the vesting dates related to the underlying grants, and convert on a one-for-one basis into Common Shares upon vesting. Each restricted share unit represents a contingent right to receive one of the Issuer's Common Shares upon Vesting.
  2. F2. These performance share units represent a contingent right to receive a cash payment from the Issuer in the first quarter of 2027 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.
  3. F3. Represents dividend equivalent performance share units acquired in connection with the Issuer's quarterly dividend and the performance share units previously issued that vest subject to continuing service of the Reporting Person through the applicable vesting date.
  4. F4. These performance share units represent a contingent right to receive a cash payment from the Issuer in the first quarter of 2028 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.
  5. F5. 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.
Restricted Share Units Granted 22 units Dividend equivalent RSUs credited on September 11, 2026
Performance Share Units Granted 24 units Dividend equivalent PSUs linked to cash payment in first quarter of 2027
Performance Share Units Granted 15 units Dividend equivalent PSUs linked to cash payment in first quarter of 2028
Performance Share Units Granted 4 units Dividend equivalent PSUs linked to cash payment in first quarter of 2029
Common Shares Held After Transaction 53,396 shares Direct holdings of Russell Farnsworth after September 11, 2026 RSU credit
Transaction Price Per Unit $0.00 All RSU and PSU awards on September 11, 2026 were granted at no cash cost
Performance Share Units financial
"These performance share units represent a contingent right to receive a cash payment"
Performance share units are a type of company stock award given to employees that depend on the company meeting specific goals or targets. If these goals are achieved, the employee receives shares or the value of shares; if not, they may receive little or no compensation. This aligns employees’ interests with the company's success and encourages performance that benefits investors.
restricted share units financial
"Represents dividend equivalent restricted share units acquired in connection with the Issuer's quarterly dividend"
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
dividend equivalent financial
"Represents dividend equivalent performance share units acquired in connection with the Issuer's quarterly dividend"
A dividend equivalent is a payment someone receives that matches the cash dividends paid on a stock, even though they don’t actually hold the shares. It often shows up in stock-based pay or certain derivatives, and matters to investors because it preserves the income value and alters the after-tax return and timing of payouts — think of it like getting a paycheck for the dividends you would have earned if you owned the stock directly.
vesting date financial
"subject to continuing service of the Reporting Person through the vesting dates related to the underlying grants"
performance criteria financial
"based on achievement of specified performance criteria over the applicable performance period"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did SSRM report for Russell Farnsworth?

SSR MINING INC. reported that Chief Accounting Officer Russell Farnsworth acquired 22 restricted share units and 43 performance share units on September 11, 2026, all as dividend equivalent awards tied to existing grants and issued at no cash cost.

How many SSRM common shares does Russell Farnsworth hold after this Form 4?

After the September 11, 2026 award, Russell Farnsworth directly holds 53,396 Common Shares of SSR MINING INC., reflecting the impact of the 22 newly credited restricted share units that convert into common shares upon vesting.

What are the key terms of the performance share units reported by SSRM?

The 24, 15, and 4 performance share units each represent a contingent right to receive a cash payment in the first quarters of 2027, 2028, and 2029, respectively, based on specified performance criteria and continued service through the vesting dates.

Are the new performance share units in SSRM settled in stock or cash?

The reported performance share units are described as a contingent right to receive a cash payment from SSR MINING INC. in the applicable first quarter (2027, 2028, or 2029), with amounts determined under the plan based on performance criteria and continued service.

Were Russell Farnsworth’s SSRM transactions under a Rule 10b5-1 plan?

No. The filing indicates the Rule 10b5-1 checkbox is not affirmed, and the footnotes do not state that these awards were made pursuant to a Rule 10b5-1 trading plan; they are described as dividend equivalent grants on existing awards.

What are dividend equivalent restricted and performance share units in SSRM’s filing?

Dividend equivalent restricted share units and performance share units are additional units credited in connection with the issuer’s quarterly dividend on previously granted RSUs or PSUs, vesting on the same schedule and subject to the same service and performance conditions as the underlying awards.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Farnsworth Russell

(Last)(First)(Middle)
6900 E. LAYTON AVE., SUITE 1300

(Street)
DENVER COLORADO 80237

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
SSR MINING INC. [ SSRM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/11/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Shares09/11/2026A22(1)A$053,396D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Performance Share Units(2)09/11/2026A24(3)04/01/2027 (2)Common Shares24$026,420D
Performance Share Units(4)09/11/2026A15(3)01/01/2028 (4)Common Shares15$016,788D
Performance Share Units(5)09/11/2026A4(3)01/01/2029 (5)Common Shares4$05,361D
Explanation of Responses:
1. Represents dividend equivalent restricted share units acquired in connection with the Issuer's quarterly dividend and the restricted stock units issued on April 1, 2024, January 1, 2025 and January 1, 2026 and vest subject to continuing service of the Reporting Person through the vesting dates related to the underlying grants, and convert on a one-for-one basis into Common Shares upon vesting. Each restricted share unit represents a contingent right to receive one of the Issuer's Common Shares upon Vesting.
2. These performance share units represent a contingent right to receive a cash payment from the Issuer in the first quarter of 2027 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.
3. Represents dividend equivalent performance share units acquired in connection with the Issuer's quarterly dividend and the performance share units previously issued that vest subject to continuing service of the Reporting Person through the applicable vesting date.
4. These performance share units represent a contingent right to receive a cash payment from the Issuer in the first quarter of 2028 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.
5. 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.
Remarks:
/s/ Jasmine Miller, attorney-in-fact for Russell Farnsworth09/15/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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