Perpetua Resources (PPTA) director awarded 2,459 deferred share units

Rhea-AI Filing Summary

Perpetua Resources director Jeffrey L. Malmen reported an equity award of 2,459 deferred share units (DSUs) on February 11, 2026. This grant is classified as an acquisition of derivative securities, bringing his total directly held DSUs to 58,734.

Each DSU entitles him to receive one Perpetua common share, or cash equal to its value, upon settlement, subject to the plan administrator’s approval. The DSUs are fully vested on the grant date and will be settled after his separation from service. The reported reference value is $30.50 per share, based on the Nasdaq closing price on February 11, 2026.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Malmen Jeffrey L

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Deferred Share Units	2,459	$30.50	$75K

Holdings After Transaction: Deferred Share Units — 58,734 shares (Direct)

Footnotes (1)

1. 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 DSUs are fully vested as of the date of grant and will be settled following the reporting person's separation from service. Based on the closing price of the Issuer's Common Shares on the Nasdaq Capital Market on February 11, 2026.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Malmen Jeffrey L

(Last) (First) (Middle)

405 S. 8TH STREET, STE 201

(Street)

BOISE ID 83702

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PERPETUA RESOURCES CORP. [ PPTA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/11/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Deferred Share Units	(1)	02/11/2026		A		2,459		(1)	(1)	Common Shares	2,459	$30.5(2)	58,734	D

Explanation of Responses:

1. 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 DSUs are fully vested as of the date of grant and will be settled following the reporting person's separation from service.

2. Based on the closing price of the Issuer's Common Shares on the Nasdaq Capital Market on February 11, 2026.

	/s/ Tanya Nelson, as attorney-in-fact for Jeffrey L Malmen	02/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did PPTA director Jeffrey L. Malmen report?

Jeffrey L. Malmen reported receiving 2,459 deferred share units (DSUs) from Perpetua Resources. These are equity-based awards that increase his derivative holdings to 58,734 DSUs, aligning his compensation with the company’s share performance over time.

How many Perpetua Resources (PPTA) deferred share units does the director now hold?

After the latest award, director Jeffrey L. Malmen beneficially owns 58,734 deferred share units. Each DSU represents the right to receive one Perpetua common share or cash of equal value when settled after his separation from service.

What are deferred share units (DSUs) in the Perpetua Resources (PPTA) Form 4?

Perpetua’s deferred share units grant the holder one common share, or equivalent cash, for each DSU at settlement. They are fully vested on the grant date and are generally settled only after the reporting person leaves service with the company.

At what value were the new Perpetua Resources (PPTA) DSUs measured?

The 2,459 newly granted deferred share units were measured using a reference price of $30.50 per common share. This figure reflects the closing price of Perpetua’s shares on the Nasdaq Capital Market on February 11, 2026.

Does the Perpetua Resources (PPTA) Form 4 reflect a stock purchase or an award?

The filing reflects an equity award, not an open-market stock purchase. Jeffrey L. Malmen received 2,459 deferred share units as a grant classified as a grant, award, or other acquisition of derivative securities under Perpetua’s compensation arrangements.