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.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| 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 |
Footnotes (5)
- 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.
- 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.
- 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.
- 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.
- 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.
Key Figures
Key Terms
dividend equivalent financial
vesting date financial
performance criteria financial
FAQ
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What insider transaction did SSRM report for Russell Farnsworth?
Were Russell Farnsworth’s SSRM transactions under a Rule 10b5-1 plan?
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