Perpetua Resources (PPTA) Director Sternhell Receives DSU Award

What Happened
Sternhell Alexander McLeod, a director of Perpetua Resources Corp. (PPTA), was granted 828 deferred share units (DSUs) on June 25, 2026. The award is recorded as a derivative acquisition (code A) with an attributed value of $21.12 per share (based on the June 24, 2026 closing price), for a total value of $17,487. This was an award (compensation), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-25 (reported on Form 4 filed 2026-06-26)
• Instrument: 828 deferred share units (DSUs) — derivative award (code A)
• Price used for value: $21.12 per share (closing price on June 24, 2026) — total value $17,487 (per filing footnote)
• Shares owned after transaction: Not specified in the provided filing excerpt
• Notable footnotes:
  • F1: DSUs entitle the holder to one common share (or cash at holder’s election, subject to plan admin approval) per DSU and will be settled following the reporting person's separation from service. The DSUs were elected in lieu of a cash retainer for Q2 2026 and are fully vested as of the grant.
  • F2: Valuation based on Nasdaq closing price on 2026-06-24.
• Filing timeliness: Reported the next business day (filed 2026-06-26 for a 2026-06-25 grant); no late filing indicated.

Context
DSUs are a form of deferred director compensation and do not represent immediate shares outstanding until settled (typically after separation), so they are different from purchases or immediate sales. Such awards are common routine compensation for non-employee directors and, by themselves, are not a direct signal of an insider buying or selling shares on the open market.