SSR Mining (SSRM) EVP logs cash PSU redemption and tax-share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SSR Mining Inc. executive vice president of operations and sustainability William K. MacNevin reported routine, non‑market transactions involving equity awards. He disposed of 32,022 Performance Share Units to the issuer for a cash payment upon completion of the applicable performance period, which corresponded to 32,022 underlying common shares. In a separate transaction, 2,617 common shares were withheld at $28.84 per share to cover tax obligations related to the vesting of restricted stock units. After these award‑related dispositions, MacNevin directly holds 254,111 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
MacNevin William K.
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Performance Share Units | 32,022 | $13.97 | $447K |
| Tax Withholding | Common Shares | 2,617 | $28.84 | $75K |
Holdings After Transaction:
Performance Share Units — 0 shares (Direct);
Common Shares — 254,111 shares (Direct)
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 $28.84. Redeemed for a cash payment upon the completion of the performance period applicable to such units pursuant to, and in accordance with, the terms of the plan governing the award of such units.
FAQ
What insider transactions did SSR Mining (SSRM) EVP William K. MacNevin report?
William K. MacNevin reported two routine, non-market dispositions. He surrendered 32,022 Performance Share Units to the issuer for cash and had 2,617 common shares withheld to satisfy tax obligations on restricted stock unit vesting, leaving him with 254,111 directly held common shares.
Does this SSR Mining (SSRM) Form 4 indicate any remaining derivative awards for MacNevin?
The derivative section associated with this filing shows no remaining derivative positions after the 32,022 Performance Share Units were redeemed for cash. The transactions reported therefore close out that particular performance-based award linked to SSR Mining common shares.