SSR Mining (SSRM) EVP Thomopoulos has shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SSR Mining Inc. executive Joanne Thomopoulos reported a routine tax-related share disposition. On April 1, 2026, she had 3,481 Common Shares withheld at $31.62 per share to cover tax obligations tied to the vesting of restricted stock units. These are not open-market sales but shares retained by the company for withholding purposes. After this event, she directly holds 101,211 Common Shares of SSR Mining.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Thomopoulos Joanne
Role
EVP, Human Resources
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares | 3,481 | $31.62 | $110K |
Holdings After Transaction:
Common Shares — 101,211 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 $31.62.
Key Figures
Shares withheld for taxes: 3,481 shares
Withholding price: $31.62 per share
Shares held after transaction: 101,211 shares
3 metrics
Shares withheld for taxes
3,481 shares
Tax-withholding disposition on April 1, 2026
Withholding price
$31.62 per share
Value used for tax withholding on RSU vesting
Shares held after transaction
101,211 shares
Direct Common Share holdings after tax withholding
Key Terms
restricted stock units, tax withholding obligations, Form 4, tax-withholding disposition
4 terms
restricted stock units financial
"with respect to the vesting of restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"shares withheld to satisfy tax withholding obligations with respect to the vesting"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did SSRM executive Joanne Thomopoulos report?
Joanne Thomopoulos reported a tax-withholding disposition of 3,481 SSR Mining Common Shares. The shares were withheld by the company to satisfy tax obligations arising from vesting restricted stock units, rather than sold in the open market.
Was Joanne Thomopoulos’s SSRM Form 4 transaction an open-market sale?
No, the Form 4 transaction was not an open-market sale. The 3,481 shares were withheld by SSR Mining to satisfy tax withholding obligations on vesting restricted stock units, a routine administrative action rather than a discretionary share sale.
What does the F transaction code mean in Joanne Thomopoulos’s SSRM Form 4?
The F code indicates shares were disposed to pay taxes or exercise costs. In this case, 3,481 SSR Mining shares were withheld to cover tax obligations from vesting restricted stock units, rather than being sold through an open-market transaction.