SSR MINING INC. SEC Filings

SSR Mining Inc. Chief Strategy Officer Farid Fady Adel Edward reported routine share-related transactions. He disposed of 33,547 Performance Share Units to the issuer in connection with the completion of their performance period, which were redeemed for a cash payment under the award plan terms.

Separately, 3,991 common shares were withheld at $28.72 per share to cover tax obligations tied to vesting restricted stock units, rather than sold on the market. After these transactions, he directly holds 266,024 common shares, indicating these are compensation and tax events rather than discretionary trading.

SSR Mining Inc. executive vice president of operations and sustainability William K. MacNevin reported routine, non‑market transactions involving equity awards. He disposed of 32,022 Performance Share Units to the issuer for a cash payment upon completion of the applicable performance period, which corresponded to 32,022 underlying common shares. In a separate transaction, 2,617 common shares were withheld at $28.84 per share to cover tax obligations related to the vesting of restricted stock units. After these award‑related dispositions, MacNevin directly holds 254,111 common shares.

SSR Mining Inc. Chief Financial Officer Michael John Sparks reported routine equity compensation-related transactions. Performance share units covering 32,937 underlying common shares were disposed of to the issuer for a cash payment upon completion of their performance period. In a separate transaction, 3,204 common shares were withheld at a price of $28.84 to satisfy tax obligations tied to the vesting of restricted stock units. Following these events, Sparks directly holds 307,456 common shares.

SSR Mining Executive Chairman Rodney Antal reported routine equity compensation transactions. He disposed of 131,145 Performance Share Units, which were redeemed for a cash payment upon completion of their performance period, leaving no remaining units of this award.

Separately, 12,751 common shares were withheld at USD $28.84 per share to cover tax obligations tied to the vesting of restricted stock units. After these tax-withholding dispositions, Antal continues to hold 1,342,946 common shares directly, indicating he retains a substantial equity stake despite the administrative transactions.

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.

SSR Mining Inc. has entered into a binding memorandum of understanding to sell its 80% ownership stake in the Çöpler mine and related properties in Türkiye to Cengiz Holding A.S. for $1.5 billion in cash. Cengiz Holding must pay a $100 million deposit, creditable at closing and refundable only in limited cases, and the agreement includes a $50 million reciprocal termination fee.

The deal is subject to definitive agreements, limited due diligence on mineral reserves and resources, and regulatory approval from the Turkish General Directorate of Mining and Petroleum Affairs and other consents. Closing is expected in the third quarter of 2026. The transaction excludes SSR Mining’s interest in the Hod Maden development project, and the company indicates that proceeds are expected to support reinvestment in the business, capital returns, and growth initiatives while further shifting its portfolio focus to the Americas.

SSR Mining Inc. is calling for the redemption of its 2.50% Convertible Senior Notes due 2039, with $227,495,000 aggregate principal currently outstanding. On March 20, 2026, the company will redeem all notes not converted by then at 100% of principal, plus accrued interest and a make-whole premium covering foregone interest payments through April 1, 2026.

Holders may instead convert their notes into common shares at a rate of 56.7931 shares per $1,000 principal until 5:00 PM New York City time on March 19, 2026. If all holders converted, approximately 13 million shares would be issued, a figure already included in the company’s fully diluted share count. The company notes it repurchased about 20 million shares between 2021 and 2024 at an average price of $15.76 and recently received board approval for a share buyback program of up to $300 million.

Global X Management Company LLC filed a Schedule 13G reporting beneficial ownership of 11,426,163 common shares of SSR Mining Inc., representing 5.63% of the outstanding class as of 12/31/2025. Global X has sole voting and dispositive power over these shares.

The shares are held for investment in the ordinary course of business, not to change or influence control of SSR Mining. Certain registered investment companies managed by Global X have the right to receive dividends and sale proceeds from the reported securities.

SSR Mining Inc. reported a sharp turnaround for 2025 and issued stronger 2026 guidance. Full-year 2025 production reached 447,207 gold equivalent ounces, above the midpoint of guidance, with revenue of $1,629,637,000 and net income attributable to shareholders of $395.8 million, versus a prior-year loss.

Operating cash flow was $471.9 million and free cash flow $241.6 million. Year-end cash was $534.8 million and total liquidity $1,034.8 million. The Board approved a share buyback of up to $300 million. Mineral reserves rose nearly 40% to 11 million gold equivalent ounces.

For 2026, the company guides to 450,000–535,000 gold equivalent ounces, a midpoint about 10% above 2025, at consolidated AISC of $2,360–$2,440 per ounce. Operations at Çöpler remain suspended, with total remediation spend since February 2024 of $149.3 million and expected 2026 care and maintenance costs of $80–$100 million.