Thomopoulos Joanne 4
Research Summary
AI-generated summary
SSR Mining (SSRM) EVP Joanne Thomopoulos Disposes 7,710 Shares
What Happened
- Joanne Thomopoulos, Executive Vice President, Human Resources of SSR Mining (SSRM), reported disposals of a total 7,710 shares tied to equity awards. On 2026-03-09, 842 shares were withheld to satisfy tax withholding at $28.84 per share (value $24,283). On 2026-03-13, 6,868 derivative shares were redeemed for cash at $13.97 per share (value $95,946). Combined proceeds/consideration equal $120,229. These were award-related actions (tax withholding and plan redemption), not open-market investment purchases.
Key Details
- Transaction dates and amounts:
- 2026-03-09: 842 shares withheld for taxes at $28.84 — $24,283 (code F; shares withheld to satisfy tax withholding).
- 2026-03-13: 6,868 shares redeemed for cash at $13.97 — $95,946 (code D; derivative units redeemed upon completion of performance period).
- Total shares disposed: 7,710; total consideration/amount: $120,229.
- Footnotes: F1 = shares withheld to satisfy tax withholding on RSU vesting; F2 = shares withheld at $28.84; F3 = performance units redeemed for cash upon completion of performance period per the award plan.
- Shares owned after the transaction: not disclosed in the provided filing excerpt.
- Filing date: Form 4 filed 2026-03-24 for transactions dated 2026-03-09 and 2026-03-13 — later than the typical 2-business-day reporting window for Form 4 filings.
Context
- These disposals were routine plan-related actions: a share-withholding for taxes and a cash redemption of performance-based units. Neither action necessarily signals a market-driven sale (they are not open-market trades) and should be interpreted as administrative/plan-fulfillment transactions rather than direct investment decisions.