Kahl Timothy Charles 4
Research Summary
AI-generated summary
Perpetua (PPTA) SVP Timothy Kahl Receives 5,533 RSU Award
What Happened
- Timothy Charles Kahl, Senior Vice President, Technical Services at Perpetua Resources Idaho, Inc. (a wholly owned Perpetua subsidiary), was granted 5,533 restricted share units (RSUs) on Feb 11, 2026. The Form 4 reports these as a derivative award (transaction code A) at $0.00 (no cash paid; reported acquisition value $0).
- This is a compensation award rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-11; Form 4 filed: 2026-02-12.
- Award: 5,533 RSUs (derivative grant) @ $0.00; total reported value on the Form 4: $0.
- Vesting: RSUs vest ratably on Feb 16, 2027, Feb 16, 2028 and Feb 16, 2029 (per the Perpetua Omnibus Equity Incentive Plan). Each vested RSU entitles the holder to one common share or cash equal to the share value.
- Shares owned after transaction: not specified in the provided filing.
- Remarks: Kahl’s role is with Perpetua Resources Idaho, Inc., a wholly owned subsidiary of Perpetua Resources Corp.
Context
- RSU grants are a common form of executive compensation; they convert into shares (or cash) only as they vest, so they do not represent immediately tradable shares.
- The Form 4 shows the award itself (no sale or exercise), and future vesting will increase outstanding common shares or trigger cash payouts under plan terms.