Form 4 for SSMR Sunshine Silver Mining & Refining Co
Accepted 2026-06-08 18:00:06 ET · period of report 2026-06-05 · accession 0001193125-26-262202 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2026-06-08 18:00 | 2026-06-05 | SSMR | KAPLAN THOMAS SCOTT | Dir, 10% | A - Grant | $0.00 | +8,929 | 8,929 | New | $0 |
| DI | 2026-06-08 18:00 | 2026-06-05 | SSMR | KAPLAN THOMAS SCOTT | Dir, 10% | M - OptEx | $2.87 | +2.74M | 78.68M | +4% | +$7.86M |
| DI | 2026-06-08 18:00 | 2026-06-05 | SSMR | KAPLAN THOMAS SCOTT | Dir, 10% | F - Tax | $13.50 | -582.0K | 78.10M | -0.7% | -$7.86M |
| DI | 2026-06-08 18:00 | 2026-06-05 | SSMR | KAPLAN THOMAS SCOTT | Dir, 10% | M - OptEx | $0.00 | -2.74M | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2026-06-05 | A | A | 8,929 | $0.00 | 8,929 | D | — | — | (F1) Represents restricted stock units ("RSUs") granted to Thomas S. Kaplan. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs vest in full on the earlier of (i) the first anniversary of the grant date or (ii) the day immediately proceeding the date of the Issuer's 2027 Annual Meeting of Stockholders, subject to Mr. Kaplan's continued service as a member of the Issuer's Board of Directors through such date. |
| 2 | Common | Common Stock | 2026-06-05 | M | A | 2,739,640 | $2.87 | 78,677,940 | I By Electrum Silver US LLC | — | — | (F2) This transaction relates to the net exercise of warrants to purchase 2,739,640 shares of the Issuer's common stock immediately prior to the completion of the initial public offering of the Issuer's common stock, in accordance with the terms of the warrants. (F3) These securities are owned directly by Electrum Silver US LLC ("ESUS"). Electrum Strategic Management LLC ("ESM") is the manager of ESUS. ESM is wholly owned by Electrum Global Holdings L.P. ("Global Holdco"), and TEG Global GP Ltd. ("TEG Global") is the general partner of Global Holdco. The Electrum Group LLC ("TEG") acts as an investment advisor to Global Holdco. Thomas S. Kaplan, Chairman of the Issuer's Board of Directors, is also Chairman, Chief Executive Officer and Chief Investment Officer of TEG. Each of these reporting persons (other than Mr. Kaplan who is a director of the Issuer) may be deemed to be a director by deputization of the Issuer. |
| 3 | Common | Common Stock | 2026-06-05 | F | D | 582,022 | $13.50 | 78,095,918 | I By Electrum Silver US LLC | — | — | (F2) This transaction relates to the net exercise of warrants to purchase 2,739,640 shares of the Issuer's common stock immediately prior to the completion of the initial public offering of the Issuer's common stock, in accordance with the terms of the warrants. (F3) These securities are owned directly by Electrum Silver US LLC ("ESUS"). Electrum Strategic Management LLC ("ESM") is the manager of ESUS. ESM is wholly owned by Electrum Global Holdings L.P. ("Global Holdco"), and TEG Global GP Ltd. ("TEG Global") is the general partner of Global Holdco. The Electrum Group LLC ("TEG") acts as an investment advisor to Global Holdco. Thomas S. Kaplan, Chairman of the Issuer's Board of Directors, is also Chairman, Chief Executive Officer and Chief Investment Officer of TEG. Each of these reporting persons (other than Mr. Kaplan who is a director of the Issuer) may be deemed to be a director by deputization of the Issuer. |
| 4 | Derivative | Warrant (right to buy) | 2026-06-05 | M | D | 2,739,640 | $0.00 | 0 | I By Electrum Silver US LLC | $2.87 · 2022-09-02 to 2027-09-02 | 2,739,640 Common Stock | (F2) This transaction relates to the net exercise of warrants to purchase 2,739,640 shares of the Issuer's common stock immediately prior to the completion of the initial public offering of the Issuer's common stock, in accordance with the terms of the warrants. (F3) These securities are owned directly by Electrum Silver US LLC ("ESUS"). Electrum Strategic Management LLC ("ESM") is the manager of ESUS. ESM is wholly owned by Electrum Global Holdings L.P. ("Global Holdco"), and TEG Global GP Ltd. ("TEG Global") is the general partner of Global Holdco. The Electrum Group LLC ("TEG") acts as an investment advisor to Global Holdco. Thomas S. Kaplan, Chairman of the Issuer's Board of Directors, is also Chairman, Chief Executive Officer and Chief Investment Officer of TEG. Each of these reporting persons (other than Mr. Kaplan who is a director of the Issuer) may be deemed to be a director by deputization of the Issuer. |