Perpetua Resources (PPTA) director details option exercises and share sales

Rhea-AI Filing Summary

Perpetua Resources director Chris J. Robison reported option exercises and share sales in early January 2026. On January 5, he exercised two director and employee stock options for 20,000 and 9,500 common shares at $8.59 per share, a U.S. dollar amount derived from a CAD $11.80 exercise price. The filing notes that parts of the related share sales were used to cover the option exercise cost and associated taxes. On the same day he sold 10,201 common shares at $26.24, and on January 6 he sold a further 3,500 shares at a weighted average price of $26.57, based on CAD pricing converted to U.S. dollars. After these transactions, Robison directly owned 85,799 Perpetua common shares.

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

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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^*

Robison Chris J

(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)
01/05/2026

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
Common Shares	01/05/2026		X		20,000	A	$8.59(1)	90,000	D
Common Shares	01/05/2026		X		9,500	A	$8.59(1)	99,500	D
Common Shares	01/05/2026		S		10,201	D	$26.24(2)	89,299	D
Common Shares	01/06/2026		S		3,500	D	$26.57(3)	85,799	D

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
Director and Employee Stock Option (right to buy)	$8.59(1)	01/05/2026		X			20,000	(4)	01/20/2026	Common Shares	20,000	$0	0	D
Director and Employee Stock Option (right to buy)	$8.59(1)	01/05/2026		X			9,500	(5)	01/20/2026	Common Shares	9,500	$0	0	D

Explanation of Responses:

1. The exercise price of the stock option of CAD $11.80 is converted to USD based on the daily average exchange rate as reported by the H.10 statistical release of the Board of Governances of the Federal Reserve System on January 2, 2026, of C$1.3738 = US$1.00.

2. The sale price of the stock option of CAD $36.05 is converted to USD based on the daily average exchange rate as reported by the H.10 statistical release of the Board of Governances of the Federal Reserve System on January 2, 2026, of C$1.3738 = US$1.00. These shares represent shares sold to cover option exercise price.

3. The sale price of the stock option of CAD $36.50 is converted to USD based on the daily average exchange rate as reported by the H.10 statistical release of the Board of Governances of the Federal Reserve System on January 2, 2026, of C$1.3738 = US$1.00. The sale price of CAD $36.50 is a weighted average price. These shares were sold in multiple transactions at prices ranging from CAD $36.41 to CAD $36.81, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Common Shares sold at each separate price within the range set forth in this footnote (3). These shares represent shares sold to cover payment of taxes relating to the option exercise.

4. The stock option, representing a right to purchase a total of 20,000 Common Shares, became exercisable as to 5,000 Common Shares on January 20, 2021, as to 5,000 Common Shares on January 20, 2022, as to 5,000 Common Shares on January 20, 2023, and as to the remaining 5,000 on January 20, 2024.

5. The stock option, representing a right to purchase a total of 9,500 Common Shares, became exercisable as to 2,375 Common Shares on January 20, 2021, as to 2,375 Common Shares on January 20, 2022, as to 2,375 Common Shares on January 20, 2023, and as to the remaining 2,375 on January 20, 2024.

	/s/ Tanya Nelson, as attorney-in-fact for Chris J Robison	01/07/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider activity did Perpetua Resources (PPTA) report for Chris J. Robison?

The filing shows that director Chris J. Robison exercised stock options for 29,500 Perpetua common shares and sold a portion of his holdings over January 5–6, 2026.

How many Perpetua Resources shares did Chris J. Robison acquire through option exercises?

On January 5, 2026, Robison exercised options to acquire 20,000 common shares and another 9,500 common shares, for a total of 29,500 shares at an exercise price of $8.59 per share in U.S. dollar terms.

How many Perpetua Resources shares did Chris J. Robison sell and at what prices?

Robison sold 10,201 common shares on January 5, 2026 at $26.24 per share and 3,500 shares on January 6, 2026 at a weighted average price of $26.57 per share, with U.S. dollar amounts based on CAD prices.

What was Chris J. Robison’s Perpetua Resources share ownership after these transactions?

Following the reported transactions, Chris J. Robison directly owned 85,799 Perpetua Resources common shares.

Why were some of Chris J. Robison’s Perpetua Resources shares sold according to the Form 4 footnotes?

Footnotes state that certain share sales were made to cover the option exercise price and to pay taxes related to the option exercises.

How were Canadian dollar prices converted in Chris J. Robison’s Perpetua Resources Form 4?

The filing explains that CAD prices, such as the CAD $11.80 exercise price and sales at CAD $36.05 and CAD $36.50, were converted to U.S. dollars using an exchange rate of C$1.3738 = US$1.00 from the Federal Reserve’s January 2, 2026 H.10 release.