SSR Mining (SSRM) EVP discloses share tax withholding and new equity awards
Rhea-AI Filing Summary
SSR Mining Inc. executive vice president of operations and sustainability William K. MacNevin reported equity-related transactions in the company’s shares. On January 1, 2026, 10,735 common shares and 9,833 common shares were withheld to satisfy tax obligations tied to vesting restricted stock units, at a share price of USD $21.02. On the same date, he received a new grant of 23,809 restricted stock units, each representing a right to one common share at a price of $0, vesting in three equal installments beginning January 1, 2027. Following these transactions, he beneficially owned 253,817 common shares directly. He also holds 23,809 performance share units that may pay cash in the first quarter of 2029 depending on achievement of specified performance criteria and continued service.
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FAQ
What insider transaction did SSR Mining (SSRM) report for William K. MacNevin?
The filing reports that executive vice president of operations and sustainability William K. MacNevin had common shares withheld to cover taxes on vesting restricted stock units and received new grants of restricted stock units and performance share units on January 1, 2026.
How many SSR Mining common shares were withheld for taxes in this Form 4?
A total of 10,735 common shares and 9,833 common shares were withheld to satisfy tax withholding obligations related to the vesting of restricted stock units, at a price of USD $21.02 per share.
What new restricted stock units did the SSR Mining executive receive?
On January 1, 2026, William K. MacNevin received 23,809 restricted stock units, each representing a contingent right to receive one SSR Mining common share at a price of $0, vesting in three equal installments beginning on January 1, 2027.
How many SSR Mining shares does the reporting person own after these transactions?
Following the reported transactions, William K. MacNevin beneficially owned 253,817 common shares of SSR Mining Inc., held directly.
What are the terms of the performance share units reported in the SSR Mining Form 4?
The 23,809 performance share units represent a contingent right to receive a cash payment in the first quarter of 2029. The amount will be determined under the governing plan based on achievement of specified performance criteria over the applicable performance period and subject to continued service through the vesting date.
What role does the reporting person hold at SSR Mining (SSRM)?
The reporting person is identified as an officer of SSR Mining Inc., serving as EVP, Ops & Sustainability.