SSR Mining (SSRM) CAO Russell Farnsworth Receives Awards

What Happened
Russell Farnsworth, Chief Accounting Officer of SSR Mining (SSRM), was granted a total of 65 equity awards on September 11, 2026. The filing shows four award entries (22, 24, 15 and 4 units) recorded at $0.00 — these are restricted share units and performance-based units (derivative awards), not open‑market purchases or sales. No cash changed hands at grant.

Key Details

• Transaction date: 2026-09-11; Filing date: 2026-09-15. The Form 4 does not flag the reporting as late.
• Awards: 22 RSUs + 24 derivative units + 15 derivative units + 4 derivative units = 65 total units; all recorded at $0.00.
• Shares owned after transaction: Not disclosed in this Form 4.
• Notable footnotes from the filing:
  • Some awards are dividend-equivalent restricted share units that convert 1:1 into common shares upon vesting (contingent on continued service).
  • Other awards are performance share units that convert into a cash payment in future quarters (2027, 2028 and referenced 2029) based on achievement of performance criteria and continued service.
• Transaction code: A = Award/Grant.

Context

• These grants are awards, not purchases or sales; RSUs become shares only upon vesting, and PSUs pay out (here, in cash) only if performance targets and service requirements are met.
• Awards are common executive compensation and do not necessarily signal immediate insider buying or selling.