SSR Mining EVP reports PSU redemption, tax withholding
SSR Mining Inc. executive John Ebbett reported routine share-related transactions that do not involve open-market buying or selling.
Rhea-AI Filing Summary
SSR Mining Inc. executive John Ebbett reported routine share-related transactions that do not involve open-market buying or selling. He disposed of 27,448 Performance Share Units to the issuer for a cash payment upon completion of the applicable performance period, in line with the governing plan. In a separate transaction, 2,670 common shares were withheld at $28.84 per share to cover tax obligations tied to the vesting of restricted stock units. After these events, he directly holds 170,052 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Performance Share Units | 27,448 | $13.97 | $383K |
| Exercise Price or Tax Liability | Common Shares | 2,670 | $28.84 | $77K |
Footnotes (3)
- F1. Represents shares withheld to satisfy tax withholding obligations with respect to the vesting of restricted stock units.
- F2. Shares withheld at a price of USD $28.84.
- F3. 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
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What insider transactions did SSR Mining (SSRM) executive John Ebbett report?
Were John Ebbett’s SSR Mining (SSRM) Form 4 transactions open-market sales or purchases?
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