Erfan Ali 4

What Happened Erfan Ali, a director of Sunshine Silver Mining & Refining Co (SSMR), was granted 8,929 restricted stock units (RSUs) on 2026-06-05. The award was recorded at $0.00 per share (no immediate cash value). RSUs represent a contingent right to receive one share of common stock per unit when they vest.

Key Details

• Transaction date: 2026-06-05; filing date: 2026-06-08 (reported on SEC Accession 0001140361-26-024488).
• Grant: 8,929 RSUs at $0.00 per unit (total immediate value $0).
• Shares owned after the transaction: not specified in the provided filing.
• Footnote F1: RSUs vest in full on the earlier of (i) the first anniversary of the grant date or (ii) the day before the Issuer's 2027 Annual Meeting of Stockholders, subject to continued service on the Board.
• Footnote F2: Reporting person is a director of Ajami Associates Limited and may be deemed to beneficially own securities held by that entity.

Context RSU grants are a form of compensation, not an open-market purchase or sale; they do not convey shares until they vest. Because the RSUs were granted at $0, there is no immediate cash transaction — value will be realized only if and when the RSUs vest and shares are delivered (potentially creating taxable events). The filing shows the grant and its vesting conditions; it does not indicate insider buying or selling of existing shares.