Malmen Jeffrey L 4

What Happened

• Jeffrey L. Malmen, a director of Perpetua Resources Corp. (PPTA), was granted 828 deferred share units (DSUs) on June 25, 2026. The filing reports an attributable value of $21.12 per unit, totaling approximately $17,487. This is coded as an award/grant (A) and is a derivative acquisition rather than an open-market purchase.

Key Details

• Transaction date: 2026-06-25 (reported on Form 4 filed 2026-06-26).
• Grant: 828 DSUs at a valuation of $21.12 each; total reported value $17,487 (valuation based on the Nasdaq closing price on June 24, 2026).
• Transaction type/code: Award/Grant (A); derivative instrument (DSU).
• Vesting/settlement: DSUs are fully vested as of grant and will be settled (one common share per DSU, or cash at the holder’s election and plan administrator approval) following the reporting person's separation from service (see footnote).
• Shares owned after transaction: Not specified in the provided filing.
• Timeliness: Filing appears timely (transaction date 6/25/2026, Form 4 filed 6/26/2026).

Context

• A DSU is a deferred compensation instrument that entitles the holder to receive one common share (or cash equivalent) per unit at settlement; because settlement occurs after separation from service, this is a compensation grant rather than an immediate purchase of tradable shares.
• Such awards are common for board compensation and do not by themselves indicate immediate buying or selling pressure.