Fady Adel Edward Farid, Chief Strategy Officer of SSR Mining Inc. (NASDAQ:SSRM), filed a Form 4 on September 15, 2026, reporting acquisitions of common shares and performance share units on September 11, 2026, all at a price of $0.
Key Highlights
- Common shares acquired: 101 dividend equivalent restricted share units were acquired at $0, bringing direct beneficial ownership to 255,736 common shares.
- Performance share units - 2027 tranche: 107 dividend equivalent performance share units acquired at $0; total PSUs in this tranche now 116,612, vesting April 1, 2027.
- Performance share units - 2028 tranche: 68 dividend equivalent performance share units acquired at $0; total PSUs in this tranche now 74,101, vesting January 1, 2028.
- Performance share units - 2029 tranche: 21 dividend equivalent performance share units acquired at $0; total PSUs in this tranche now 23,830, vesting January 1, 2029.
- Dividend-linked acquisitions: All units reported were acquired in connection with the issuer's quarterly dividend and convert or pay out subject to continuing service and, for PSUs, achievement of specified performance criteria.
SSR Mining Officer Reports Dividend Equivalent Unit Acquisitions
According to the filing, Fady Adel Edward Farid, serving as Chief Strategy Officer of SSR Mining Inc., acquired a total of 101 common share-linked units and 196 performance share units on September 11, 2026. The filing states that all transactions were coded "A" (acquired) and carried a price of $0, reflecting their nature as dividend equivalent units tied to the issuer's quarterly dividend.
The 101 common share units are described in the filing as "dividend equivalent restricted share units acquired in connection with the Issuer's quarterly dividend" and relate to restricted stock units originally issued on April 1, 2024, January 1, 2025, and January 1, 2026. These vest subject to continuing service and convert on a one-for-one basis into common shares upon vesting. Following this transaction, the reporting person directly holds 255,736 common shares, according to the filing.
The three performance share unit tranches - 107 units expiring April 1, 2027; 68 units expiring January 1, 2028; and 21 units expiring January 1, 2029 - are each described as contingent rights to receive a cash payment in the first quarter of the applicable vesting year. The filing states payments are determined based on "achievement of specified performance criteria over the applicable performance period and subject to continued service through the vesting date." The filing was signed by Jasmine Miller as attorney-in-fact for the reporting person on September 15, 2026.
What Was Disclosed
The Form 4 discloses that SSR Mining's Chief Strategy Officer acquired dividend equivalent restricted share units and performance share units at $0 per unit on September 11, 2026, all tied to the company's quarterly dividend and existing grant programs.




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