SSR Mining officer reports routine equity award changes
SSR Mining Inc. Chief Accounting Officer Russell Farnsworth reported routine equity award adjustments.
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Rhea-AI Filing Summary
SSR Mining Inc. Chief Accounting Officer Russell Farnsworth reported routine equity award adjustments. He disposed of 7,528 Performance Share Units, which were redeemed for a cash payment upon completion of their performance period. In a separate transaction, 798 common shares were withheld at $28.84 per share to cover tax obligations on vested restricted stock units. After these dispositions, he directly holds 54,771 common shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Performance Share Units | 7,528 | $13.97 | $105K |
| Exercise Price or Tax Liability | Common Shares | 798 | $28.84 | $23K |
Footnotes (3)
- F1. Represents shares withheld to satisfy tax withholding obligations with respect to the vesting of restricted stock units.
- F2. Shares withheld at a price of USD $28.84.
- F3. 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did SSR Mining (SSRM) executive Russell Farnsworth report in this Form 4?
Were any open-market buys or sells of SSRM stock reported in this filing?
Do these SSRM Form 4 transactions indicate a change in the officer’s investment view?
AI-generated analysis. How Rhea-AI works. Not financial advice.