Farid Fady Adel Edward 4

What Happened

• Farid Fady Adel Edward, Chief Strategy Officer of SSR Mining Inc. (SSRM), had a total of 37,538 shares disposed in March 2026. On 2026-03-09, 3,991 shares were withheld to satisfy tax withholding for vested restricted stock units at $28.72 each (value $114,622). On 2026-03-13, 33,547 performance-based units were redeemed to the issuer for cash at $13.97 each (value $468,652). Combined proceeds/consideration total approximately $583,274. These were dispositions tied to equity compensation (tax withholding and cash settlement of performance units), not an open-market sale.

Key Details

• Transaction dates and prices:
  • 2026-03-09: 3,991 shares withheld for taxes at $28.72 (F; value $114,622).
  • 2026-03-13: 33,547 performance units redeemed/settled for cash at $13.97 (D/derivative; value $468,652).
• Total shares disposed: 37,538; total value ≈ $583,274.
• Shares owned after the transactions: Not reported on the Form 4.
• Footnotes from the filing:
  • F1: Shares withheld to satisfy tax withholding on RSU vesting.
  • F2: Withheld shares valued at USD $28.72 each.
  • F3: Performance units redeemed for a cash payment upon completion of the performance period per the award plan.
• Filing details: Form 4 filed 2026-03-24 for a reportable period beginning 2026-03-09. This filing was later than the typical 2-business-day Form 4 deadline (filed late), which can affect timeliness of public disclosure.

Context

• These dispositions appear to be routine equity-compensation-related actions: tax-withholding on vested RSUs and cash settlement of performance-based units. The cash redemption of performance units is a derivative settlement rather than an open-market sale of shares.
• Such transactions are common for executives receiving equity awards and do not necessarily signal a change in their investment view; they primarily reflect compensation and tax obligations.