Perpetua Resources (PPTA) director awarded 2,459 DSUs at $30.5

Rhea-AI Filing Summary

Perpetua Resources Corp. director Andrew Cole reported an award of 2,459 deferred share units on February 11, 2026. Each DSU entitles him to receive one common share of Perpetua or, if elected and approved, cash equal to its value at settlement.

The DSUs are fully vested as of the grant date and will be settled after his separation from service. Following this grant, Cole beneficially owns 25,967 deferred share units directly. The grant value reference of $30.5 per unit is based on Perpetua’s Nasdaq closing share price on February 11, 2026.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Cole Andrew Phillip

Role Director

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

Holdings After Transaction: Deferred Share Units — 25,967 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^*

Cole Andrew Phillip

(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)	25,967	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 Andrew Cole	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 Perpetua Resources (PPTA) director Andrew Cole report?

Andrew Cole reported receiving 2,459 deferred share units from Perpetua Resources on February 11, 2026. These units are fully vested at grant and increase his directly held deferred share units to 25,967, as disclosed in the Form 4 filing.

What is a deferred share unit in the Perpetua Resources (PPTA) Form 4 filing?

A deferred share unit entitles the holder to receive one Perpetua Resources common share or, if elected and approved, cash equal to its value. The DSUs reported are fully vested at grant and are settled only after the reporting person separates from service.

When will Andrew Cole’s Perpetua Resources (PPTA) deferred share units be settled?

The deferred share units granted to Andrew Cole will be settled following his separation from service with Perpetua Resources. At that time, each DSU will convert into either one common share or an equivalent cash amount, subject to plan administrator approval.

How many Perpetua Resources (PPTA) deferred share units does Andrew Cole hold after this grant?

After the February 11, 2026 grant, Andrew Cole beneficially owns 25,967 deferred share units directly. This total includes the newly awarded 2,459 DSUs and represents his reported derivative holdings related to Perpetua Resources common shares in the Form 4.

How was the $30.5 value in Andrew Cole’s Perpetua (PPTA) DSU grant determined?

The $30.5 figure reflects the closing price of Perpetua Resources’ common shares on the Nasdaq Capital Market on February 11, 2026. It serves as the reference price for the 2,459 deferred share units granted to director Andrew Cole under the equity plan.