Fontaine Gregory A 4
Research Summary
AI-generated summary
Perpetua (PPTA) General Counsel Gregory A. Fontaine Receives RSU Award
What Happened
Gregory A. Fontaine, General Counsel of Perpetua Resources Corp. (PPTA), received a grant of 8,197 restricted stock units (RSUs) on March 16, 2026. The RSUs were granted at $0.00 (derivative award) and do not represent immediate common shares; they convert to one common share (or cash equal to the share value) upon vesting, subject to plan approval.
Key Details
- Transaction type: Award/Grant (Form 4 code A); derivative grant of 8,197 RSUs.
- Transaction date: March 16, 2026; filing date: March 18, 2026 (filed timely).
- Grant price reported: $0.00 (typical for RSU grants; no cash paid).
- Vesting schedule: three equal installments — 2,732 RSUs vest on Feb 16, 2027; 2,733 on Feb 16, 2028; 2,732 on Feb 16, 2029.
- Footnote: Each RSU entitles the holder to one common share (or cash equal to the value) upon vesting, subject to approval under the Perpetua Omnibus Equity Incentive Plan.
- Shares owned after transaction: not specified in the provided filing.
Context
RSU grants are a form of compensation, not an open-market purchase or sale. They typically align incentives with long-term shareholder value but do not indicate immediate buying or selling sentiment. Because these are restricted units that vest over time, economic exposure depends on future vesting and any company or plan approvals.