Seabridge Gold Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

BST:SRM Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
10 Mar 26	Sell€29,990	Tracey Arlaud	Individual	1,000	€29.99
12 Jan 26	Sell€18,429	Melanie Miller	Individual	724	€25.45
08 Jan 26	Sell€35,396	Tracey Meintjes	Individual	1,391	€25.45
07 Jan 26	Sell€40,001	Julie Rachynski	Individual	1,567	€25.53
07 Jan 26	Sell€61,470	Robert Murphy	Individual	2,408	€25.53
07 Jan 26	Sell€26,848	Tracey Arlaud	Individual	1,000	€26.85
06 Jan 26	Sell€61,630	Christopher Reynolds	Individual	2,409	€25.58
06 Jan 26	Sell€8,124	Charles Scott	Individual	300	€27.08
05 Jan 26	Sell€70,509	Clement Pelletier	Individual	2,650	€26.61
11 Dec 25	Sell€25,746	Neggar Shafai	Individual	1,036	€24.85
14 Oct 25	Sell€12,563	Neggar Shafai	Individual	550	€22.84
09 Oct 25	Sell€36,932	Tracey Arlaud	Individual	1,700	€21.72
03 Oct 25	Sell€5,336	Neggar Shafai	Individual	250	€21.35
02 Oct 25	Sell€5,384	Neggar Shafai	Individual	250	€21.53
15 Sep 25	Sell€4,262	Neggar Shafai	Individual	250	€17.05
02 Sep 25	Sell€34,676	Tracey Arlaud	Individual	2,300	€15.08
22 Jul 25	Sell€5,031	Neggar Shafai	Individual	350	€14.37
16 Jun 25	Buy€63,347	John Sabine	Individual	5,000	€12.67
16 Jun 25	Sell€50,575	John Sabine	Individual	4,000	€12.64

Insider Trading Volume

Insider Buying: SRM insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of SRM?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	2,487,196	2.32%
Private Companies	4,972,625	4.63%
General Public	41,566,940	38.7%
Institutions	58,346,422	54.3%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 49.78% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
9.94%	Pan Atlantic Bank And Trust Limited	10,673,611	€274.1m	0%	100.0%
6.77%	Van Eck Associates Corporation	7,264,903	€186.6m	-11.2%	0.12%
6.5%	Kopernik Global Investors, LLC	6,979,611	€179.2m	0.47%	3.36%
4.63%	FCMI Parent Co.	4,972,625	€127.7m	0%	no data
3.86%	Tidal Investments LLC	4,146,489	€106.5m	35%	0.44%
2.21%	The Vanguard Group, Inc.	2,371,496	€60.9m	82.9%	no data
2.03%	Canadian Imperial Bank of Commerce	2,182,535	€56.0m	2.41%	0.1%
1.55%	Ontario Teachers' Pension Plan Board	1,664,634	€42.7m	11.7%	0.72%
1.27%	Raymond James Financial, Inc.	1,364,262	€35.0m	-1.08%	0.01%
1.16%	Rudi Fronk	1,247,771	€32.0m	-0.6%	no data
1.07%	Jane Street Group, LLC	1,150,464	€29.5m	47.6%	0.04%
0.96%	The Toronto-Dominion Bank	1,027,951	€26.4m	2.15%	0.03%
0.91%	Citadel Advisors LLC	978,868	€25.1m	60.3%	0.02%
0.81%	Clear Street LLC	875,000	€22.5m	0%	0.13%
0.8%	Susquehanna International Group, LLP	858,826	€22.1m	-28.6%	0.03%
0.66%	Van Den Berg Management I, Inc.	707,390	€18.2m	-4.79%	4.24%
0.61%	Morgan Stanley	650,099	€16.7m	39.3%	no data
0.55%	Friedberg Mercantile Group Ltd.	588,624	€15.1m	0%	31.68%
0.54%	D. E. Shaw & Co., L.P.	577,928	€14.8m	-29.3%	0.01%
0.53%	BMO Asset Management Corp.	565,531	€14.5m	-0.34%	0.01%
0.51%	ALPS Advisors, Inc.	549,225	€14.1m	0.61%	0.06%
0.5%	TD Asset Management, Inc.	539,446	€13.9m	109%	0.01%
0.48%	The Buckingham Charitable Foundation	516,099	€13.3m	0%	no data
0.47%	Amundi Asset Management SAS	509,292	€13.1m	-31.2%	no data
0.45%	Dimensional Fund Advisors LP	484,494	€12.4m	-11.4%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/04/27 14:32
End of Day Share Price	2026/04/27 00:00
Earnings	2025/12/31
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Seabridge Gold Inc. is covered by 9 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Lucas Pipes	B. Riley Securities, Inc.
Anthony Lesiak	Canaccord Genuity
Raj Ray	National Bank Financial