secwatch.observer — SEC 8-K summary
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Issuer:     PERPETUA RESOURCES CORP. (PPTA)
CIK:        0001526243
Form:       8-K
Filed at:   2025-12-05T23:59:59+00:00
Accession:  0001104659-25-118649
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Perpetua Resources names James Norine SVP Projects; Michael Wright resigns; exec comp updated
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- James Norine appointed SVP Projects effective Dec 1, 2025; base salary $330,000, target bonus 60%, sign-on PSU award of 5,000 shares.
- Michael Wright resigned as VP Projects effective Dec 3, 2025 for personal reasons; will consult up to 20 hrs/week for 3 months at $20k/month.
- CEO Jonathan Cherry's amended agreement: base $660k, target bonus 100%, equity target 200% of base, 3-year term.
- CFO Mark Murchison's amended agreement: target bonus 75% of base, equity target 150% of base.
- Compensation committee revised STIP performance factor scale and targets; executive pay mix set at ~50% cash, 50% equity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1526243/000110465925118649/0001104659-25-118649-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1526243/000110465925118649/tm2532822d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-118649

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer