Form 4: Perpetua Resources Director Receives Deferred Shares

Alexander Sternhell, a Director at Perpetua Resources Corp., has received 828 deferred share units (DSUs) in lieu of cash compensation for services rendered.

Summary

• Alexander Sternhell, a Director of Perpetua Resources Corp., was granted 828 Deferred Share Units (DSUs) on June 25, 2026.
• These DSUs were received in lieu of cash compensation for services during the second quarter of 2026.
• The DSUs are fully vested upon grant and will be settled following Mr. Sternhell's separation from service.
• Each DSU entitles the holder to one common share of Perpetua Resources Corp. or, at the holder's election and with administrator approval, cash equivalent to the value on the settlement date.
• The value of the DSUs is based on the closing price of the Issuer's Common Shares on June 24, 2026, which was $21.12 per share.
• Following this transaction, Mr. Sternhell beneficially owns 59,568 common shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily details routine director compensation adjustments rather than significant operational or financial performance changes.

Positives

• Director compensation is being structured with equity, aligning management interests with shareholders.
• The DSUs are fully vested, providing immediate benefit to the director.
• The transaction reflects ongoing compensation for services, indicating continued operational activity.

Negatives

• The filing does not contain information that can be construed as negative.

Risks

• The value of the deferred shares is tied to the market price of Perpetua Resources Corp. common shares, which is subject to market volatility.
• Future settlement of DSUs could be impacted by the company's financial performance and market conditions at the time of separation from service.

Future Outlook

The DSUs will be settled following the reporting person's separation from service, at which point the holder will receive common shares or cash equivalent.

Management Comments

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

Industry Context

StockSavvy.ai notes that the use of Deferred Share Units (DSUs) for director compensation is a common practice in the mining and resources sector, aiming to align long-term incentives with company performance and shareholder value.

Stakeholder Impact

• Shareholders: The issuance of DSUs aligns director compensation with the company's stock performance, potentially encouraging decisions that benefit shareholders.
• Employees: This filing does not directly impact employees, but it reflects standard compensation practices for the board.
• Management: The transaction is part of the compensation structure for the director.

Next Steps

• Settlement of DSUs upon Alexander Sternhell's separation from service.

Key Dates

Keywords

Perpetua Resources Corp., Alexander Sternhell, Deferred Share Units, Director Compensation, Form 4, SEC Filing, Equity Incentive Plan, Common Shares