SSR Mining director awarded 1,238 deferred share units
SSR Mining Inc. director Thomas R. Bates reported receiving a new equity-linked award in the form of deferred share units.
Rhea-AI Filing Summary
SSR Mining Inc. director Thomas R. Bates reported receiving a new equity-linked award in the form of deferred share units. On 01/01/2026, he acquired 1,238 deferred share units (DSUs), each tied to the value of one common share of SSR Mining. The DSUs were recorded at a price of $0, reflecting that they are a form of director compensation rather than a market purchase. Following this grant, Bates beneficially owns 124,185 derivative securities in the form of DSUs on a direct basis.
Each DSU represents the right to receive the cash value of one common share of SSR Mining when the award is settled. According to the disclosure, DSUs are earned when granted and are settled upon Bates’s retirement from the company’s Board of Directors, aligning his compensation with the company’s share value over time.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Share Unit | 1,238 | $0.00 | $0.00 |
Footnotes (1)
- F1. Each deferred share unit ("DSU") represents the right to receive the cash value of a Common Share of the Issuer at the time of settlement. DSUs are earned upon grant and settled upon the Reporting Person's retirement from the Issuer's Board of Directors.
FAQ
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What insider transaction did SSR Mining (SSRM) disclose for Thomas R. Bates?
SSR Mining disclosed that director Thomas R. Bates acquired 1,238 deferred share units (DSUs) on 01/01/2026 as part of his director compensation.
AI-generated analysis. How Rhea-AI works. Not financial advice.