Form 4: Perpetua Resources Corp. Director Acquires Deferred Share Units

Director Jeffrey L. Malmen acquired 744 deferred share units (DSUs) of Perpetua Resources Corp. on September 30, 2024, in lieu of a cash retainer.

Summary

• On September 30, 2024, Jeffrey L. Malmen, a director of Perpetua Resources Corp., acquired 744 deferred share units (DSUs).
• The DSUs were granted in lieu of a cash retainer for his service during the third quarter of 2024.
• Each DSU entitles the holder to one common share of Perpetua Resources Corp., or cash equal to the value thereof on the date of settlement, at the holder's election and subject to approval.
• The DSUs are fully vested as of the date of grant and will be settled following the reporting person's separation from service.
• Following the transaction, Malmen directly owns 50,391 DSUs.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine disclosure of director compensation in the form of deferred share units.

Positives

• The acquisition of DSUs by a director demonstrates confidence in the company's future.

Future Outlook

The DSUs will be settled following the reporting person's separation from service.

Management Comments

• The Reporting Person elected to receive DSUs in lieu of a cash retainer for his service during the third quarter of 2024.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding director compensation.

Key Dates