Sternhell Alexander McLeod 4
4 · PERPETUA RESOURCES CORP. · Filed Mar 27, 2026
Research Summary
AI-generated summary of this filing
Perpetua (PPTA) Director Sternhell Receives DSU Award
What Happened
Sternhell Alexander McLeod, a director of Perpetua Resources Corp. (PPTA), was granted 694 deferred share units (DSUs) on March 25, 2026. The DSUs were valued at $25.18 each (based on the March 24, 2026 closing price), for a total grant value of approximately $17,475. This was an award (reported as an acquisition/derivative grant) elected in lieu of a cash retainer for Q1 2026.
Key Details
- Transaction date: March 25, 2026. Grant type: Award/Acquisition (derivative DSUs).
- Quantity and value: 694 DSUs × $25.18 = ~$17,475 (valuation per filing footnote).
- Shares owned after transaction: not specified in the Form 4 filing.
- Footnote highlights: DSUs entitle the holder to one common share (or cash at settlement, subject to plan admin approval); these DSUs are fully vested and will be settled following the reporting person’s separation from service. (Footnote F1) Valuation used the March 24, 2026 Nasdaq closing price. (Footnote F2)
- Filing timeliness: Form 4 was filed on March 27, 2026 (covering the March 25 transaction); filing appears timely.
Context
DSUs are a form of deferred compensation (a derivative award), not immediate common-share ownership; they convert to shares or cash only at settlement (here, after separation from service). This grant reflects a routine compensation election (director chose DSUs instead of a cash retainer) rather than an open-market buy or sale.
Insider Transaction Report
- Award
Deferred Share Units
[F1][F2]2026-03-25$25.18/sh+694$17,475→ 58,740 total→ Common Shares (694 underlying)
Footnotes (2)
- [F1]A deferred share unit ("DSU") entitles the holder to receive one common share of Perpetua Resources Corp. (the "Issuer") (or, at the election of the holder and subject to the approval of the administrator of the Issuer's Omnibus Equity Incentive Plan, cash equal to the value thereof on the date of settlement) for each DSU. The Reporting Person elected to receive DSUs in lieu of a cash retainer for his service during the first quarter of 2026. The DSUs are fully vested as of the date of grant and will be settled following the reporting person's separation from service.
- [F2]Based on the closing price of the Issuer's Common Shares on the Nasdaq Capital Market on March 24, 2026.