Sparks Michael John 4

What Happened Michael John Sparks, Chief Financial Officer of SSR Mining (SSRM), reported dispositions totaling 36,141 shares in March 2026. On 2026-03-09, 3,204 shares were withheld to satisfy tax withholding at $28.84/share (value $92,403). On 2026-03-13, 32,937 shares were redeemed/paid out to the issuer as a cash settlement of performance-based restricted stock units at $13.97/share (value $460,130). Combined proceeds = $552,533. These were disposals (not open-market purchases).

Key Details

• Transaction dates and prices:
  • 2026-03-09: 3,204 shares withheld for taxes @ $28.84 = $92,403 (code F).
  • 2026-03-13: 32,937 shares redeemed/paid to issuer @ $13.97 = $460,130 (code D; derivative).
• Total shares disposed: 36,141; total cash value ≈ $552,533.
• Shares owned after transaction: not provided in the excerpt of the filing.
• Footnotes:
  • F1/F2: 3,204 shares were withheld to satisfy tax withholding on vesting; withholding price $28.84.
  • F3: 32,937 performance units were redeemed for a cash payment upon completion of the performance period per the award plan.
• Filing timeliness: Form 4 was filed on 2026-03-24 for transactions dated 2026-03-09 and 2026-03-13 — outside the typical two-business-day reporting window for Form 4s.

Context

• The 3,204-share action was tax withholding on vested restricted stock units (routine administrative withholding, not an open-market sale). The 32,937-share action was a cash settlement of performance-based RSUs (a derivative disposition to the issuer), not a market sale.
• These kinds of internal redemptions and withholdings are common and do not necessarily indicate executive trading sentiment. No purchases were reported.