SSR MINING INC.·4

Apr 2, 8:40 PM ET

Krusi Alan 4

Research Summary

AI-generated summary

Updated

SSR Mining (SSRM) Director Alan Krusi Receives DSU Award

What Happened

  • Alan Krusi, a director of SSR Mining Inc. (SSRM), received a grant of 1,028 deferred share units (DSUs) on April 1, 2026. The Form 4 records the grant as a derivative award at $0.00 per unit (total recorded value $0) because no shares or cash were exchanged at grant.
  • This was an award/grant (transaction code A), not a purchase or sale—common director compensation rather than an open-market trade.

Key Details

  • Transaction date: 2026-04-01; Form 4 filed: 2026-04-02 (timely).
  • Instrument and amount: 1,028 DSUs (derivative units) recorded at $0.00 per unit.
  • Shares/units owned after transaction: not specified in the provided filing.
  • Footnote: Each DSU represents the right to receive the cash value of a common share at settlement; DSUs are earned at grant and settled in cash when the director retires from the Board.
  • No 10b5-1 plan, tax-withholding, or late-filing flags noted in this record.

Context

  • DSUs are common for non-employee directors as deferred compensation and are cash‑settled later; a grant like this does not necessarily indicate buying/selling sentiment by the insider.
  • Because the award is derivative and settled in cash upon retirement, the immediate market impact or change in share ownership is typically limited.