BATES THOMAS R JR 4

What Happened Thomas R. Bates Jr, a director of SSR Mining Inc. (SSRM), was granted 952 deferred share units (DSUs) on July 1, 2026. The Form 4 reports the units as a derivative award (transaction code A) acquired at a reported price of $0.00 — no cash changed hands at grant. DSUs entitle the holder to the cash value of a common share when they are settled (see footnote).

Key Details

• Transaction date: 2026-07-01; Filing date: 2026-07-02 (timely filing).
• Transaction type/code: Grant/Award (A); derivative securities (DSUs).
• Number granted: 952 DSUs; reported per-unit price: $0.00; total reported value: $0.
• Shares owned after transaction: Not disclosed in this filing.
• Footnote: Each DSU represents the right to receive the cash value of one common share at settlement; DSUs are earned at grant and are settled in cash upon the reporting person’s retirement from the Board.
• No 10b5-1 plan, tax-withholding sale, or exercise/sale noted.

Context DSUs are a common form of non-cash director compensation and do not represent an immediate purchase or sale of company stock. Settlement in cash upon retirement means these units reflect deferred pay rather than an open-market investment decision. This grant should be viewed as routine board compensation, not a direct signal about insider sentiment.