Perpetua Director Grows Stake to 63,500 Shares in Latest Board Compensation Deal
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Perpetua Resources Corp (PPTA) Director Robert Alan Dean reported acquiring 696 Deferred Share Units (DSUs) on June 25, 2025. The DSUs were granted in lieu of a cash retainer for his board service during Q2 2025.
Key details of the transaction:
- Each DSU converts to one common share of PPTA (or cash equivalent at holder's election)
- DSUs were valued at $13.09 per unit, based on PPTA's closing price on June 24, 2025
- The units are fully vested upon grant
- Settlement occurs following Dean's separation from service
- Following the transaction, Dean beneficially owns 63,506 DSUs directly
This transaction represents standard board compensation practice where directors can elect to receive equity instead of cash compensation, aligning their interests with shareholders.
Positive
- None.
Negative
- None.
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 | 696 | $13.09 | $9K |
Holdings After Transaction:
Deferred Share Units — 63,506 shares (Direct)
Footnotes (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 2025. 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 June 24, 2025.
FAQ
What was the price of PPTA's DSUs granted to Robert Dean in June 2025?
The DSUs were valued at $13.09 per unit, based on the closing price of Perpetua Resources Corp.'s Common Shares on the Nasdaq Capital Market on June 24, 2025.
How many PPTA derivative securities does Robert Dean own after the June 2025 transaction?
Following the reported transaction, Robert Dean beneficially owns 63,506 derivative securities (DSUs) of Perpetua Resources Corp. in direct ownership.