Farnsworth Russell 4

What Happened Farnsworth Russell, Chief Accounting Officer of SSR Mining Inc. (SSRM), reported dispositions related to tax withholding and the cash redemption of performance-based restricted stock units. On 2026-03-09, 798 shares were withheld to satisfy tax obligations at $28.84 per share (value reported $23,014). On 2026-03-13, 7,528 shares were redeemed for cash at $13.97 per share (value reported $105,166). Combined value of the reported dispositions is about $128,180. These were routine disposals tied to compensation and tax obligations, not open-market sell decisions.

Key Details

• Filing: Form 4 filed 2026-03-24 (period of report: 2026-03-09). The Form 4 appears to be filed late relative to the transaction dates.
• Transactions:
  • 2026-03-09 — 798 shares withheld for tax withholding at $28.84; proceeds/amount reported $23,014 (code F).
  • 2026-03-13 — 7,528 shares redeemed for cash at $13.97; proceeds/amount reported $105,166 (reported as derivative disposition, code D).
• Total shares disposed: 8,326; total reported value ≈ $128,180.
• Shares owned after the transactions: not specified in the provided filing data.
• Footnotes in the filing:
  • F1: Shares withheld to satisfy tax withholding on vesting RSUs.
  • F2: Withheld shares were at USD $28.84.
  • F3: RSUs redeemed for cash upon completion of the performance period under the award plan.
• Transaction codes: F = tax withholding; D = disposition to issuer (derivative redemption).

Context These transactions reflect routine compensation-related actions (tax withholding and cash-out of performance RSUs) rather than an active stock sale by choice. The 7,528-share entry is a derivative redemption (cash settlement of performance units), not an open-market sell of previously owned common shares. Late filing reduces short-term transparency but does not, by itself, indicate anything about company fundamentals or insider sentiment.