MacNevin William K. 4
4 · SSR MINING INC. · Filed Mar 24, 2026
Research Summary
AI-generated summary of this filing
SSRM EVP William MacNevin Sells 34,639 Shares
What Happened
William K. MacNevin, Executive Vice President, Operations & Sustainability of SSR Mining (SSRM), disposed of a total of 34,639 shares in March 2026 for aggregate proceeds of about $522,821. On 2026-03-09, 2,617 shares were withheld to satisfy tax withholding on vested restricted stock units at $28.84 per share (cash value $75,474). On 2026-03-13, 32,022 shares were redeemed/disposed to the issuer at $13.97 per share for cash (cash value $447,347) upon completion of the applicable performance period.
Key Details
- Transaction dates and amounts:
- 2026-03-09: 2,617 shares withheld @ $28.84 = $75,474 (code F — tax withholding)
- 2026-03-13: 32,022 shares disposed @ $13.97 = $447,347 (code D — disposition to issuer / derivative redemption)
- Total shares disposed: 34,639; total proceeds ≈ $522,821.
- Shares owned after transaction: not specified in the provided excerpt of the Form 4.
- Footnotes:
- F1: Shares withheld to satisfy tax obligations on vesting RSUs.
- F2: Withheld shares valued at $28.84 each.
- F3: Performance units redeemed for cash upon completion of the performance period per plan terms.
- Filing timeliness: Form filed 2026-03-24 reporting transactions dated 2026-03-09 and 2026-03-13 — the report appears late relative to the typical 2-business-day SEC reporting window.
Context
The March 9 action was a routine tax-withholding related to vested RSUs; the March 13 action was a redemption of performance-based units for cash (a derivative disposition), not an open-market sale by the insider. Such withholdings and plan-mandated redemptions are common and do not necessarily signal a change in insider sentiment. The filing’s delayed submission reduces the timeliness of the disclosure for investors.
Insider Transaction Report
- Tax Payment
Common Shares
[F1][F2]2026-03-09$28.84/sh−2,617$75,474→ 254,111 total - Disposition to Issuer
Performance Share Units
[F3]2026-03-13$13.97/sh−32,022$447,347→ 0 totalFrom: 2026-03-07→ Common Shares (32,022 underlying)
Footnotes (3)
- [F1]Represents shares withheld to satisfy tax withholding obligations with respect to the vesting of restricted stock units.
- [F2]Shares withheld at a price of USD $28.84.
- [F3]Redeemed for a cash payment upon the completion of the performance period applicable to such units pursuant to, and in accordance with, the terms of the plan governing the award of such units.