SSR Mining (SSRM) EVP John Ebbett logs PSU cash redemption and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
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
2 transactions reported
Mixed
2 txns
Insider
Ebbett John
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Performance Share Units | 27,448 | $13.97 | $383K |
| Tax Withholding | Common Shares | 2,670 | $28.84 | $77K |
Holdings After Transaction:
Performance Share Units — 0 shares (Direct);
Common Shares — 170,052 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 SSR Mining (SSRM) executive John Ebbett report?
John Ebbett reported two routine dispositions of equity-linked incentives. He redeemed 27,448 Performance Share Units for cash at the end of their performance period and had 2,670 common shares withheld to cover tax obligations on restricted stock unit vesting, with no open-market trades.
Were John Ebbett’s SSR Mining (SSRM) Form 4 transactions open-market sales or purchases?
The transactions were not open-market trades. One was a disposition of Performance Share Units back to the issuer for cash, and the other was shares withheld to satisfy tax liabilities from restricted stock unit vesting, a standard administrative mechanism rather than discretionary selling.