SSR Mining (SSRM) director adds 1,237 DSUs, now holds 92,015 derivatives
Rhea-AI Filing Summary
SSR Mining Inc. director Brian R. Booth reported a new award of deferred share units, which are derivative securities linked to the company’s common shares. On 01/01/2026 he acquired 1,237 deferred share units (DSUs), each representing the right to receive the cash value of one common share at settlement. After this grant, he beneficially owned 92,015 derivative securities in total. The DSUs are earned upon grant and are settled in cash when he retires from the company’s Board of Directors, so they function as long-term, share-linked compensation rather than immediate share ownership.
Positive
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FAQ
What insider transaction did SSR Mining (SSRM) disclose for Brian R. Booth?
SSR Mining reported that director Brian R. Booth acquired 1,237 deferred share units (DSUs) on 01/01/2026 as part of his compensation.
What are the deferred share units granted to the SSR Mining (SSRM) director?
Each deferred share unit (DSU) gives the director the right to receive the cash value of one common share of SSR Mining at the time of settlement.
When are the SSR Mining (SSRM) deferred share units settled for the director?
The DSUs are earned upon grant and are settled in cash upon the reporting person’s retirement from the Board of Directors.
How many derivative securities does the SSR Mining (SSRM) director own after this transaction?
Following the reported DSU grant, the director beneficially owned 92,015 derivative securities linked to SSR Mining common shares.
Does this SSR Mining (SSRM) Form 4 involve common shares directly?
The reported transaction involves deferred share units, which are derivative securities tied to the cash value of common shares, rather than an immediate purchase or sale of common shares.
What is the ownership form of the SSR Mining (SSRM) director’s derivative securities?
The Form 4 indicates the 92,015 derivative securities are held with direct (D) ownership by the reporting person.