Malmen Jeffrey L 4

What Happened
Jeffrey L. Malmen, a director of Perpetua Resources Corp. (PPTA), was granted 2,459 deferred share units (DSUs) on February 11, 2026. The grant is recorded as a derivative award (transaction code A) with an economic value of approximately $75,000 based on a $30.50 per-share closing price. The DSUs are fully vested as of the grant date and will be settled after the reporting person’s separation from service.

Key Details

• Transaction date: 2026-02-11 (reported on Form 4 filed 2026-02-12) — filing appears timely.
• Award: 2,459 DSUs; valuation used: $30.50 per share; total value ≈ $75,000 (per filing footnote).
• Transaction code: A (grant/award of derivative securities).
• Shares owned after transaction: not specified in the filing.
• Footnote highlights:
  • F1: Each DSU entitles holder to one common share (or, at holder’s election and subject to plan admin approval, cash equal to the share value) and will be settled following separation from service. DSUs are fully vested at grant.
  • F2: $30.50 price is the issuer’s Nasdaq closing price on Feb 11, 2026.

Context
This was a compensation award (deferred share units), not an open‑market purchase or sale. DSUs provide future value in shares or cash at settlement and are often routine director compensation; they do not represent immediate share ownership or an immediate market buy/sell signal.