SSR Mining director granted 134 deferred units
A company director received a small dividend-related Deferred Share Unit grant, modestly increasing his deferred holdings.
Rhea-AI Filing Summary
SSR MINING INC. (SSRM) director Thomas R. Bates Jr. received a grant of 134 Deferred Share Units (DSUs) on September 11, 2026, described as an acquisition linked to the company’s quarterly dividend. Each DSU represents the right to receive the cash value of one Common Share upon his retirement from the board, bringing his directly held DSU balance to 126,299. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 134 shares
Grant/Award
1 txn
Insider
BATES THOMAS R JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Share Unit F1, F2 | 134 | $0.00 | $0.00 |
Holdings After Transaction:
Deferred Share Unit — 126,299 contracts (Direct)
Footnotes (2)
- F1. Each deferred share unit ("DSU") represents the right to receive the cash value of a Common Share of the Issuer at the time of settlement. DSUs are earned upon grant and settled upon the Reporting Person's retirement from the Issuer's Board of Directors.
- F2. Represents the acquisition of DSUs in connection with the Issuer's quarterly dividend.
Key Figures
Deferred Share Units granted: 134 units
Deferred Share Units held after transaction: 126,299 units
Underlying Common Shares: 134 shares
+1 more
4 metrics
Deferred Share Units granted
134 units
Grant to director on September 11, 2026 in connection with quarterly dividend
Deferred Share Units held after transaction
126,299 units
Director’s direct DSU holdings following the September 11, 2026 award
Underlying Common Shares
134 shares
Underlying Common Shares associated with the 134 DSUs granted
Rule 10b5-1 plan status
No plan reported
Form 4 indicates the Rule 10b5-1 checkbox is not selected
Key Terms
Deferred Share Unit, DSU, Common Share, quarterly dividend
4 terms
DSU financial
"Each deferred share unit ("DSU") represents the right to receive"
quarterly dividend financial
"Represents the acquisition of DSUs in connection with the Issuer's quarterly dividend"
A quarterly dividend is a payment a company gives to its shareholders four times a year, usually as a share of its profits. It's like getting a small bonus every few months for owning the company's stock, which can provide a steady income. Investors watch these payments to see how well a company is doing and whether it’s a good investment.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SSRM director Thomas R. Bates Jr. report?
He reported an acquisition of 134 Deferred Share Units (DSUs) on September 11, 2026, classified as a grant or award. The units were received in connection with SSR MINING INC.’s quarterly dividend.
Why did the SSRM director receive 134 DSUs?
The filing states that the 134 DSUs represent an acquisition in connection with SSR MINING INC.’s quarterly dividend. This indicates the units were issued as part of the company’s dividend-related director compensation framework.
Were the SSRM DSU transactions made under a Rule 10b5-1 trading plan?
No. The filing indicates that no Rule 10b5-1 plan is reported for this transaction. The DSU award is characterized as a grant in connection with the company’s quarterly dividend rather than a trade under a preset plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.