Perpetua Resources (PPTA) director takes 843 DSUs instead of cash pay

Rhea-AI Filing Summary

Dean Robert Alan reported acquisition or exercise transactions in this Form 4 filing.

Perpetua Resources director Robert Alan Dean received a grant of 843 Deferred Share Units (DSUs) on March 25, 2026 at a reference value of $25.18 per unit. He elected DSUs instead of a cash retainer for his first-quarter 2026 board service, bringing his total DSU holdings to 67,766. Each DSU is fully vested at grant and entitles him, after separation from service, to one common share or, if approved, an equivalent cash amount.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Dean Robert Alan

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Deferred Share Units	843	$25.18	$21K

Holdings After Transaction: Deferred Share Units — 67,766 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 Reporting Person elected to receive DSUs in lieu of a cash retainer for his service during the first 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. Based on the closing price of the Issuer's Common Shares on the Nasdaq Capital Market on March 24, 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
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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^*

Dean Robert Alan

(Last) (First) (Middle)

405 S. 8TH STREET, 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)
03/25/2026

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)	03/25/2026		A		843		(1)	(1)	Common Shares	843	$25.18(2)	67,766	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 first 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 March 24, 2026.

	/s/ Tanya Nelson, as attorney-in-fact for Robert Dean	03/27/2026
	** 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)

FAQ

What insider transaction did Perpetua Resources (PPTA) disclose for Robert Alan Dean?

Perpetua Resources disclosed that director Robert Alan Dean received 843 Deferred Share Units as compensation. The grant reflects his election to take DSUs instead of a cash retainer for first-quarter 2026 board service, increasing his total DSU holdings reported in this filing.

How many Deferred Share Units did the PPTA director receive and at what reference value?

The director received 843 Deferred Share Units with a reference value of $25.18 per unit. This value was based on the closing price of Perpetua Resources’ common shares on the Nasdaq Capital Market on March 24, 2026, as noted in the filing footnotes.

What do Perpetua Resources Deferred Share Units represent for the reporting person?

Each Deferred Share Unit represents the right to receive one Perpetua Resources common share after service ends. Alternatively, subject to plan administrator approval, the holder may receive cash equal to the share’s value on the settlement date, giving flexibility in how the award is ultimately settled.

Why did the Perpetua Resources director receive DSUs instead of cash for Q1 2026?

The director elected to receive Deferred Share Units in lieu of a cash retainer for his first-quarter 2026 board service. This choice converts immediate cash compensation into equity-linked units that will settle after his separation from service, aligning part of his compensation with shareholder value.

When do the Perpetua Resources DSUs granted to the director vest and settle?

The DSUs granted to the director are fully vested as of the grant date. However, they will not be settled until after his separation from service, at which point he will receive either common shares or, if approved, cash equal to their value on the settlement date.

What is the director’s total Deferred Share Unit position after this Perpetua Resources grant?

After receiving the 843 new Deferred Share Units, the director’s total reported DSU holdings increased to 67,766 units. This figure reflects all his Deferred Share Units outstanding following the transaction, as stated in the ownership totals included in the Form 4 filing.