Norine James Arthur 4
Research Summary
AI-generated summary
Perpetua (PPTA) SVP Norine James Arthur Receives RSU Award
What Happened
Norine James Arthur, Senior Vice President, Projects (Perpetua Resources Idaho, a Perpetua Resources Corp. subsidiary), was granted 6,762 restricted share units (RSUs) on 2026-02-11. The Form 4 reports the grant as a derivative award (transaction code A) at $0.00 per unit (standard reporting for equity awards); no immediate cash change in ownership occurred.
Key Details
- Transaction date: 2026-02-11; Form 4 filed: 2026-02-12 (timely filing).
- Transaction type/code: Award (A) — 6,762 RSUs.
- Price reported on Form 4: $0.00 per RSU (typical for grants; not a cash purchase).
- Vesting: RSUs vest ratably on Feb 16, 2027, 2028 and 2029 per the Perpetua Omnibus Equity Incentive Plan (see footnote).
- Settlement: RSUs entitle holder to one Common Share (or cash equal to value) per vested RSU.
- Shares owned after transaction: not disclosed in the provided filing.
- Insider role note: Award reported for SVP, Projects at Perpetua Resources Idaho, Inc., a wholly owned subsidiary.
- Filing timeliness: Filed within required reporting window (not indicated as late).
Context
This was a compensation grant (RSUs), not an open-market buy or sale. RSUs are derivative awards that convert to shares (or cash) when they vest, so this grant does not represent an immediate market purchase or sale and should be viewed as part of executive compensation rather than a direct trading signal.