Cherry Jonathan 4
4 · PERPETUA RESOURCES CORP. · Filed Feb 12, 2026
Research Summary
AI-generated summary of this filing
Perpetua Resources CEO Jonathan Cherry Receives RSU Award
What Happened Jonathan Cherry, President and CEO of Perpetua Resources Corp. (PPTA), received a grant of 21,639 restricted share units (RSUs) on February 11, 2026. The RSUs are recorded at $0.00 in the Form 4 because they are derivative awards that convert to common shares (or cash equal to their value) only upon vesting. This is an equity award (transaction code A), not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-02-11; Form 4 filed 2026-02-12 (timely filing).
- Award: 21,639 RSUs; reported price $0.00 (derivative award, no cash exchange at grant).
- Vesting: RSUs vest ratably on Feb 16, 2027, 2028 and 2029 (per omnibus equity plan).
- Shares owned after transaction: Not specified in the filing excerpt provided.
- Notes: Footnote clarifies each RSU converts to one common share (or cash equivalent) when vested.
Context RSUs are a common form of executive compensation used to align management with shareholder value over time. Because these units vest over multiple years, they represent potential future share issuance or cash payout rather than an immediate purchase or sale; they should not be interpreted as a near-term market signal.
Insider Transaction Report
- Award
Restricted Share Units
[F1]2026-02-11+21,639→ 59,813 total→ Common Shares (21,639 underlying)
Footnotes (1)
- [F1]A restricted share unit ("RSU") entitles the holder to receive one Common Share (or cash equal to the value thereof) for each vested RSU. The RSUs will vest ratably on February 16, 2027, 2028 and 2029, subject to the terms and conditions of the Perpetua Resources Corp. Omnibus Equity Incentive Plan.