Robison Chris J 4
Research Summary
AI-generated summary
Perpetua (PPTA) Director Chris J. Robison Receives DSU Award
What Happened
Chris J. Robison, a director of Perpetua Resources Corp. (PPTA), was granted 2,459 deferred share units (DSUs) on February 11, 2026. The filing reports the grant as a derivative award valued at $30.50 per unit (based on the Feb 11, 2026 Nasdaq closing price), for a total reported value of $75,000. This was an award/grant (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-02-11; 2,459 DSUs at $30.50 each (value = $75,000).
- Shares owned after transaction: Not reported in this Form 4.
- Instrument type: Deferred Share Units (derivative award). DSUs are fully vested as of grant.
- Settlement: DSUs will be settled following the reporting person’s separation from service; holder may receive one common share per DSU or, subject to plan administrator approval, cash equal to the value at settlement. (See footnotes in filing.)
- Timeliness: Form filed 2026-02-12 for a 2026-02-11 grant (appears timely).
Context
DSUs are a form of deferred compensation for insiders and do not represent immediate share purchases or sales; they typically convert to company shares (or cash) later, often when the director leaves the company. Awards like this are routine for board compensation and do not, by themselves, indicate a buy or sell signal.