Malchuk Daniel 4
Research Summary
AI-generated summary
SSR Mining Dir. Daniel Malchuk Receives 1,028 DSUs
What Happened
- Director Daniel Malchuk received a grant of 1,028 deferred share units (DSUs) on April 1, 2026. The filing reports the acquisition as a derivative award (code A) with an acquisition price of $0.00 — this is a compensation grant, not an open‑market purchase or sale. The DSUs entitle him to the cash value of a common share when the units are settled.
Key Details
- Transaction date: 2026-04-01; SEC filing date: 2026-04-02 (timely filing).
- Instrument: 1,028 Deferred Share Units (DSUs); reported price per unit: $0.00 (grant).
- Shares owned after transaction: Not specified in the report.
- Footnote: Each DSU represents the right to receive the cash value of a common share at settlement; DSUs are earned on grant and settled upon the reporting person’s retirement from the board.
- Transaction code: A = Award/Grant; derivative transaction (not a purchase or sale).
Context
- DSU grants are a common form of director compensation and do not represent an immediate cash transaction or public market purchase/sale. The economic value received will depend on SSR Mining’s share price at the time the DSUs are settled (typically upon the director’s retirement). Such grants are routine and should be interpreted as compensation rather than a direct signal of insider buying or selling.