Sternhell Alexander McLeod 4

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.