BATES THOMAS R JR 4
4 · SSR MINING INC. · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
SSR Mining Director Thomas R. Bates Jr. Receives 1,028 DSUs
What Happened
Thomas R. Bates Jr., a director of SSR Mining Inc. (SSRM), was granted 1,028 deferred share units (DSUs) on April 1, 2026. The grant is recorded as an award/acquisition at $0.00 (derivative instrument). This is an award of compensation rather than an open-market purchase or sale, so it reflects board compensation practices rather than a direct investment decision.
Key Details
- Transaction date: 2026-04-01; Form 4 filed: 2026-04-02 (appears timely).
- Grant type: Award/acquisition of DSUs (derivative), 1,028 units, reported price $0.00.
- Shares owned after transaction: Not specified in this filing.
- Footnote: Each DSU represents the right to receive the cash value of one common share at settlement; DSUs are earned on grant and are settled in cash when the director retires from the board.
- No sign of sale, exercise for immediate cash, tax withholding, or a 10b5-1 plan noted.
Context
DSUs are a form of deferred compensation that pay out in cash based on the company’s share value at settlement; they are common for non-employee directors and do not indicate a buy/sell signal in the open market. Because this was an awarded grant (not a purchase), it primarily reflects compensation policy rather than insider sentiment about SSRM stock.
Insider Transaction Report
- Award
Deferred Share Unit
[F1]2026-04-01+1,028→ 125,213 total→ Common Shares (1,028 underlying)
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.