Form 4: Perpetua Resources Director Acquires Deferred Share Units
SEC Form 4
Director Andrew Phillip Cole acquired 1,672 deferred share units in Perpetua Resources Corp.
Summary
- On March 31, 2024, Andrew Phillip Cole, a director of Perpetua Resources Corp., acquired 1,672 deferred share units (DSUs).
- These DSUs are fully vested and will be settled following Cole's separation from service, with each DSU entitling him to one common share or cash equivalent.
- Following the transaction, Cole directly owns 15,542 DSUs.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a standard transaction of deferred share units.
Future Outlook
The DSUs are fully vested and will be settled following the reporting person's separation from service.
Industry Context
This filing reflects standard executive compensation practices involving deferred share units, common in publicly traded companies to align director interests with shareholder value.
Key Dates
| Date | Description |
|---|---|
| 03/31/2024 | Date of transaction: Andrew Phillip Cole acquired 1,672 deferred share units. |
| 04/02/2024 | Date of signature for the Form 4 filing. |
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