Form 4: Perpetua Resources Corp. Executive L. Michael Bogert Executes Stock Option and Sells Shares
SEC Form 4
L. Michael Bogert, General Counsel at Perpetua Resources Idaho, Inc., exercised stock options and sold shares of Perpetua Resources Corp. on April 11, 2024.
Summary
- On April 11, 2024, L. Michael Bogert, General Counsel at Perpetua Resources Idaho, Inc., exercised a stock option to acquire 21,500 common shares of Perpetua Resources Corp. at a price of $4.57 per share.
- Simultaneously, Bogert sold 21,500 common shares at a price of $6.22 per share.
- Following these transactions, Bogert directly owns 25,479 common shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing an executive's stock transactions, indicating neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency into the trading activities of company executives. Such filings are common and expected in publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
Key Dates
| Date | Description |
|---|---|
| 01/01/2020 | 5,375 Common Shares became exercisable under the stock option plan. |
| 01/01/2021 | An additional 5,375 Common Shares became exercisable under the stock option plan. |
| 01/01/2022 | An additional 5,375 Common Shares became exercisable under the stock option plan. |
| 01/01/2023 | An additional 5,375 Common Shares became exercisable under the stock option plan. |
| 04/05/2024 | Date used for currency conversion rate from CAD to USD. |
| 04/11/2024 | Date of stock option exercise and share sale. |
| 01/01/2025 | Expiration date of the stock option. |
| 04/15/2024 | Date of Form 4 filing. |
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