Perpetua Resources (PPTA) director details option exercises and share sales
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 13,701 shares ($360,669)
Net Sell
6 txns
Insider
Robison Chris J
Role
Director
Sold
13,701 shs ($361K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares | 3,500 | $26.57 | $93K |
| X | Director and Employee Stock Option (right to buy) | 20,000 | $0.00 | -- |
| X | Director and Employee Stock Option (right to buy) | 9,500 | $0.00 | -- |
| X | Common Shares | 20,000 | $8.59 | $172K |
| X | Common Shares | 9,500 | $8.59 | $82K |
| Sale | Common Shares | 10,201 | $26.24 | $268K |
Holdings After Transaction:
Common Shares — 85,799 shares (Direct);
Director and Employee Stock Option (right to buy) — 0 shares (Direct)
Footnotes (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. 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. 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. 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. 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.
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 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.