Cole Andrew Phillip 4
4 · PERPETUA RESOURCES CORP. · Filed Mar 27, 2026
Research Summary
AI-generated summary of this filing
Perpetua Resources (PPTA) Director Cole Andrew Phillip Receives DSU Award
What Happened
Cole Andrew Phillip, a director of Perpetua Resources Corp. (PPTA), was granted 694 deferred share units (DSUs) on March 25, 2026. The award is reported as an acquisition (derivative) valued at $25.18 per share, for a total reported value of $17,475. This was an award/compensation grant (not an open‑market purchase or sale).
Key Details
- Transaction date: March 25, 2026; filing date: March 27, 2026 (timely filing).
- Grant: 694 DSUs @ $25.18 per share, total reported value $17,475 (price based on PPTA closing price on March 24, 2026).
- Transaction code: A (award/grant, derivative).
- DSUs are fully vested as of the grant date and will be settled (for one common share per DSU or, at the holder’s election and subject to plan approval, cash) following the reporting person’s separation from service (Footnote F1).
- Shares owned after the transaction are not specified in the provided filing. No 10b5‑1 plan, sale, or tax‑withholding report noted.
Context
DSUs are deferred compensation units that convert to common shares (or cash) at settlement; they do not immediately increase the company’s outstanding shares until settled. Awards to directors are routine compensation and don’t necessarily signal a buy or sell decision. This filing reports a derivative compensation grant rather than an outright purchase or sale.
Insider Transaction Report
- Award
Deferred Share Units
[F1][F2]2026-03-25$25.18/sh+694$17,475→ 26,661 total→ Common Shares (694 underlying)
Footnotes (2)
- [F1]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 first 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.
- [F2]Based on the closing price of the Issuer's Common Shares on the Nasdaq Capital Market on March 24, 2026.