Perpetua director granted 828 deferred share units

Sternhell Alexander McLeod reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Sternhell Alexander McLeod reported acquisition or exercise transactions in this Form 4 filing.

PERPETUA RESOURCES CORP. director Alexander McLeod Sternhell received a grant of 828 Deferred Share Units (DSUs) as compensation for his service during the second quarter of 2026. Each DSU entitles him to one common share, or equivalent cash value if approved at settlement.

The DSUs were valued using the $21.12 closing price of the company’s common shares on the Nasdaq Capital Market on June 24, 2026. Following this award, Sternhell holds a total of 59,568 DSUs, which are fully vested and will be settled after his separation from service.

Insider Trade Summary

Grant/Award: 828 shares

Grant/Award 1 txn

Insider Sternhell Alexander McLeod

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Deferred Share Units	828	$21.12	$17K

Holdings After Transaction: Deferred Share Units — 59,568 contracts (Direct)

Footnotes (2)

1. 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 second 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.
2. F2. Based on the closing price of the Issuer's Common Shares on the Nasdaq Capital Market on June 24, 2026.

Key Figures

Deferred Share Units granted: 828 units Reference share price: $21.12 per share DSUs after transaction: 59,568 units +2 more

5 metrics

Deferred Share Units granted 828 units Q2 2026 board retainer grant

Reference share price $21.12 per share Closing price on June 24, 2026

DSUs after transaction 59,568 units Total DSUs held following award

Transaction date June 25, 2026 Date DSU grant was reported

Underlying security 828 common shares Each DSU equals one common share at settlement

Key Terms

Deferred Share Units, cash retainer, Omnibus Equity Incentive Plan, fully vested, +1 more

5 terms

Deferred Share Units financial

"A deferred share unit ("DSU") entitles the holder to receive one common share..."

Deferred share units are promises that give an executive or director the right to receive company shares or their cash value at a future date, often when they retire or leave the company. Think of them as a paycheck held in a savings account that converts into stock later; they matter to investors because they tie pay to long-term performance, create potential future dilution of shares, and represent a delayed cash or share obligation the company must eventually fulfill.

cash retainer financial

"The Reporting Person elected to receive DSUs in lieu of a cash retainer..."

Omnibus Equity Incentive Plan financial

"subject to the approval of the administrator of the Issuer's Omnibus Equity Incentive Plan..."

A single, company-wide plan that lets a business grant different kinds of stock-based pay — such as stock options, shares that vest over time, or other equity awards — to employees, directors and consultants. It matters to investors because it determines how much of the company can be paid out in shares, how quickly those shares enter the market, and how well employees are motivated to grow the business; think of it as a toolbox or menu for paying with ownership stakes that can dilute existing holders and affect company performance.

fully vested financial

"The DSUs are fully vested as of the date of grant..."

separation from service financial

"and will be settled following the reporting person's separation from service."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Perpetua Resources (PPTA) director Alexander Sternhell report on this Form 4?

He reported receiving 828 Deferred Share Units as compensation. These DSUs represent board fees for the second quarter of 2026 and are fully vested on grant, settling in common shares or cash after his separation from service.

How were the 828 Deferred Share Units for PPTA valued?

The DSUs were valued using the $21.12 closing price of Perpetua Resources’ common shares on June 24, 2026. That Nasdaq Capital Market closing price determines the number of DSUs granted in lieu of a cash retainer.

What do Perpetua Resources’ Deferred Share Units entitle Alexander Sternhell to receive?

Each DSU entitles him to one common share of Perpetua Resources, or cash equal to the share’s value at settlement if approved. Settlement occurs after his separation from service, aligning compensation with long-term company performance.

How many Deferred Share Units does Alexander Sternhell hold after this PPTA transaction?

After this grant, he holds a total of 59,568 Deferred Share Units. This figure reflects his cumulative DSU-based compensation and will convert into common shares or cash upon settlement following his eventual separation from board service.

Why did Alexander Sternhell receive DSUs instead of cash from Perpetua Resources?

He elected to receive Deferred Share Units in lieu of a cash retainer for his second-quarter 2026 board service. This choice defers compensation and links its value directly to Perpetua Resources’ future share price performance at the time of settlement.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/26/2026 - 07:55 PM EDT Learn about SEC filing dates

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^*

Sternhell Alexander McLeod

(Last) (First) (Middle)

405 S. 8THSTREET, STE 201

(Street)

BOISE IDAHO 83702

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/25/2026

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

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

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

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)	06/25/2026		A		828		(1)	(1)	Common Shares	828	$21.12(2)	59,568	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 Reporting Person elected to receive DSUs in lieu of a cash retainer for his service during the second 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.

2. Based on the closing price of the Issuer's Common Shares on the Nasdaq Capital Market on June 24, 2026.

	/s/ Tanya Nelson, as attorney-in-fact for Alexander Sternhell	06/26/2026
	** 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.
* Form 4: SEC 1474 (03-26)