Priestly Kay G 4
4 · SSR MINING INC. · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
SSR Mining (SSRM) Director Kay G. Priestly Receives 1,028 DSUs
What Happened
Kay G. Priestly, a director of SSR Mining Inc. (SSRM), was granted 1,028 deferred share units (DSUs) on April 1, 2026. The grant is reported as a derivative award (transaction code A) at $0.00 per unit (total reported value $0) because DSUs are compensation awards rather than cash purchases of common shares. DSUs represent the right to receive the cash value of a common share when they are settled, which for these DSUs occurs upon the reporting person's retirement from the board.
Key Details
- Transaction date: 2026-04-01; Form 4 filed: 2026-04-02 (timely filing)
- Security: Deferred Share Units (DSUs) — 1,028 units; reported price $0.00; total reported value $0 (award)
- Transaction code: A (award/grant) — derivative instrument, not an open-market purchase or sale
- Shares owned after transaction: not specified in this filing
- Footnote: Each DSU entitles the holder to the cash value of one SSRM common share at settlement; DSUs are earned at grant and paid out upon the director's retirement from the board
Context
DSU grants are a form of compensation for non-employee directors and do not represent an immediate purchase of stock or a sale. They typically do not signal an immediate bullish or bearish market view because payment is deferred and tied to future settlement; economic value will depend on SSRM’s share price at the time of settlement.
Insider Transaction Report
- Award
Deferred Share Unit
[F1]2026-04-01+1,028→ 64,576 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.