Malchuk Daniel 4
Research Summary
AI-generated summary
SSR Mining (SSRM) Director Daniel Malchuk Receives 953 DSUs
What Happened
Daniel Malchuk, a director of SSR Mining (SSRM), received an award of 953 deferred share units (DSUs) on 2026-07-01. The Form 4 reports the units at $0.00 per unit (transaction code A), so the grant shows a reported acquisition value of $0 at grant; these are derivative units rather than outright common shares.
Key Details
- Transaction date: 2026-07-01; Form 4 filed: 2026-07-02 (timely filing).
- Type: Award/Grant of DSUs (transaction code A).
- Amount: 953 DSUs, reported price $0.00 (reported acquisition value $0).
- Shares owned after transaction: not disclosed in the filing.
- Footnote (F1): Each DSU represents the right to receive the cash value of a common share at settlement; DSUs are earned on grant and are settled in cash when the reporting person retires from the issuer's board.
Context
DSUs are a form of director compensation and are paid in cash based on the value of common shares at settlement, not immediate share purchases. Such grants are routine for board members and do not by themselves indicate a buy or sell sentiment about the company's stock.