Radford Lawrence P 4

What Happened

• Radford Lawrence P, a director of Sunshine Silver Mining & Refining Co. (SSMR), completed two transactions on 2026-06-05: an open-market purchase of 2,500 common shares at $13.50 each (total $33,750) and receipt of 8,929 restricted stock units (RSUs) granted at $0.00. The purchase is an outright acquisition; the RSUs are a contingent award that convert to shares if/when they vest.

Key Details

• Transaction dates: 2026-06-05; Form 4 filed 2026-06-08 (timely filing).
• Purchase (Code P): 2,500 shares at $13.50 — total cash outlay $33,750.
• Award/Grant (Code A): 8,929 RSUs granted at $0.00 (no immediate cash exchanged).
• Shares owned after the transactions: not specified in the filing.
• Footnote: RSUs represent a right to one share each and 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, subject to continued board service.
• No tax-withholding sale or 10b5-1 plan was disclosed.

Context

• The open-market purchase is a straightforward buy (often viewed as a more informative insider signal than sales); the RSU grant is compensation-related and vests later, contingent on continued service.
• RSUs are not immediately tradable stock until they vest; their eventual value depends on Sunshine Silver’s future share price.