Cole Andrew Phillip 4

What Happened
Cole Andrew Phillip, a director of Perpetua Resources Corp. (PPTA), received a grant of 2,459 deferred share units (DSUs) on February 11, 2026. The grant is reported as a derivative award valued at $30.50 per unit, for a total grant value of approximately $75,000. This was an award (not an open‑market purchase or sale) and the DSUs are fully vested as of the grant date.

Key Details

• Transaction date: 2026-02-11; Form 4 filed: 2026-02-12 (timely filing).
• Grant: 2,459 DSUs at $30.50 per unit; total reported value ≈ $75,000 (price based on Nasdaq close on 2026-02-11).
• Shares owned after transaction: not specified in the filing.
• Footnote summary:
  • DSUs entitle the holder to one common share per DSU (or, at the holder’s election and plan administrator approval, cash equal to the value) and will be settled following the reporting person’s separation from service. The DSUs are fully vested as of grant.
  • The per-unit value used in the filing is the issuer’s Nasdaq closing price on Feb 11, 2026.
• Transaction code: A = award/grant (derivative security). No 10b5‑1 plan, tax withholding or late‑filing flags reported.

Context
DSUs are a common form of director compensation that defer payout until separation; because these are vested deferred awards (not an immediate open‑market buy), they do not represent a current cash purchase by the director. Such awards are routine for non‑employee directors and are compensation rather than an explicit market sentiment signal.