SSR Mining (NASDAQ: SSRM) EVP logs cash PSU redemption and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SSR Mining Inc. EVP Human Resources Joanne Thomopoulos reported routine equity compensation-related transactions. She disposed of 6,868 Performance Share Units to the issuer, which were redeemed for a cash payment upon completion of the performance period under the company’s plan. In a separate move, 842 common shares were withheld at $28.84 per share to satisfy tax withholding obligations tied to restricted stock unit vesting. After these transactions, she directly holds 104,692 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Thomopoulos Joanne
Role
EVP, Human Resources
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Performance Share Units | 6,868 | $13.97 | $96K |
| Tax Withholding | Common Shares | 842 | $28.84 | $24K |
Holdings After Transaction:
Performance Share Units — 0 shares (Direct);
Common Shares — 104,692 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 $28.84. Redeemed for a cash payment upon the completion of the performance period applicable to such units pursuant to, and in accordance with, the terms of the plan governing the award of such units.
FAQ
What insider transactions did SSRM executive Joanne Thomopoulos report on this Form 4?
Joanne Thomopoulos reported two routine equity compensation events: the disposition of 6,868 Performance Share Units to SSR Mining for a cash payment, and the withholding of 842 common shares to cover tax obligations on restricted stock unit vesting.
Do these SSRM Form 4 transactions indicate a change in insider sentiment?
The reported events appear routine, tied to equity award settlement and tax withholding rather than discretionary trading. There are no open-market purchases or sales, so the transactions mainly reflect standard administration of compensation rather than a directional view on SSR Mining’s shares.