SSR Mining CFO awarded 106 new share units
SSR Mining’s CFO received additional restricted and performance-based awards tied to dividends, modestly increasing his direct share holdings and future cash-based incentives.
Rhea-AI Filing Summary
SSR MINING INC. (SSRM) reported that Chief Financial Officer Michael John Sparks received equity-linked awards on September 11, 2026. He was granted 106 restricted share units as dividend equivalents that vest with prior grants and convert one-for-one into Common Shares, bringing his direct Common Share holdings to 298,773 shares. He also acquired dividend equivalent Performance Share Units covering 111, 70 and 22 underlying Common Shares, which represent contingent rights to cash payments in the first quarters of 2027, 2028 and 2029 based on performance criteria and continued service. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Share Units F2, F3 | 111 | $0.00 | $0.00 |
| Grant/Award | Performance Share Units F4, F3 | 70 | $0.00 | $0.00 |
| Grant/Award | Performance Share Units F5, F3 | 22 | $0.00 | $0.00 |
| Grant/Award | Common Shares F1 | 106 | $0.00 | $0.00 |
Footnotes (5)
- F1. Represents dividend equivalent restricted share units acquired in connection with the Issuer's quarterly dividend and the restricted stock units issues on April 1, 2024, January 1, 2025 and January 1, 2026 and vest subject to continuing service of the Reporting Person through the vesting dates related to the underlying grants, and convert on a one-for-one basis into Common Shares upon vesting. Each restricted share unit represents a contingent right to receive one of the Issuer's Common Shares upon Vesting.
- F2. These performance share units represent a contingent right to receive a cash payment from the Issuer in the first quarter of 2027 in an amount determined pursuant to the plan governing such units based on achievement of specified performance criteria over the applicable performance period and subject to continued service through the vesting date.
- F3. Represents dividend equivalent performance share units acquired in connection with the Issuer's quarterly dividend and the performance share units previously issued that vest subject to continuing service of the Reporting Person through the applicable vesting date.
- F4. These performance share units represent a contingent right to receive a cash payment from the Issuer in the first quarter of 2028 in an amount determined pursuant to the plan governing such units based on achievement of specified performance criteria over the applicable performance period and subject to continued service through the vesting date.
- F5. These performance share units represent a contingent right to receive a cash payment from the Issuer in the first quarter of 2029 in an amount determined pursuant to the plan governing such units based on achievement of specified performance criteria over the applicable performance period and subject to continued service through the vesting date.
Key Figures
Key Terms
dividend equivalent financial
contingent right financial
FAQ
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Were the SSRM CFO’s September 2026 transactions under a Rule 10b5-1 plan?
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