CompBrief BY VELARION

Companies PERPETUA RESOURCES CORP.

PERPETUA RESOURCES (PPTA): executive pay, fiscal 2025

Free brief. Every figure links to the company’s own filing.

Email me PERPETUA RESOURCES CORP.’s executive pay brief as a PDF

It arrives in about 2 minutes, with every figure cited to its filing.

After the PDF, up to three short notes on the deeper reports for this company. Reply “unsubscribe” to any of them, any time.

CEO total pay$2,463,823CEO Jonathan Cherry · source

CEO pay, last three years

  • $983,589FY2024
  • $2,463,823FY2025

CEO total pay was $2,463,823 in fiscal 2025, up from $983,589 in fiscal 2024.

FY2025: salary $458,750 · bonus $0 · stock awards $797,073 · option awards $0

Order PPTA

Add the email the receipt and the PDF go to, then press the report you want. Each button opens its own card payment on Stripe.

Receipt, invoice, and report delivery. Guest checkout, no account required, secure payment by Stripe.

Executives and directors

Full detail

Every table from the filing. Open any section.

Summary compensation table
Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Michael Wright$294,407$0$478,235$0$115,229$0$2,661,314$3,549,185
Former Vice President, Projects
Jonathan Cherry458,7500797,07301,188,000020,0002,463,823
President and Chief Executive Officer
Mckinsey Lyon221,9600330,8850270,00009,613832,458
Senior Vice President, External Affairs
Jessica Largent264,4570398,3700132,229010,578805,634
Former Chief Financial Officer
Mark Murchison100,000—383,160—136,126—0483,160
Chief Financial Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Michael Wright$3,549,185$931,287—↑ +2,617,898
Jonathan Cherry2,463,823983,589—↑ +1,480,234
Mckinsey Lyon832,458———
Jessica Largent805,634819,246822,162↓ −13,612
Mark Murchison483,160———

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

Incentive-plan design — the Compensation Discussion & Analysis

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultant—
Clawback policytrue
Anti-hedging—
Anti-pledging—
Equity grants and outstanding awards

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Michael WrightRSU———90,657—$2,194,806
Jonathan CherryPSU2025-02-21——50,000—1,210,500
Jonathan CherryRSU2025-02-21——38,174—924,193
Jessica LargentRSU2025-02-21——19,079—461,903
Mckinsey LyonRSU2025-02-21——15,847—383,656

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Michael Wright$2,194,806$0$00.0%
Jonathan Cherry924,1931,210,500056.7%
Jessica Largent461,903000.0%
Mckinsey Lyon383,656000.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Mark MurchisonRSU8,000—$193,680
Mckinsey LyonRSU11,310—273,815
Mark MurchisonPSU12,000—290,520
Jessica LargentRSU14,297—346,130
Mckinsey LyonRSU15,847—383,656
Mckinsey LyonPSU15,847—383,656
Jessica LargentRSU19,079—461,903
Jessica LargentPSU19,079—461,903
Mckinsey LyonRSU27,273—660,279
Mckinsey LyonPSU33,929—821,421
Jessica LargentRSU34,479—834,737
Jonathan CherryRSU38,174—924,193
Jonathan CherryPSU38,174—924,193
Mckinsey LyonPSU40,910—990,431
Jessica LargentPSU42,892—1,038,415
Jonathan CherryPSU50,000—1,210,500
Jessica LargentPSU51,718—1,252,093
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Christopher RobisonIndependent · Compensation (Chair) · Corporate Governance & Nominating · Technical (Chair)$49,938$27,600———$77,538
Robert DeanIndependent · Audit (Chair) · Corporate Governance & Nominating40,50027,600———68,100
Richie HaddockIndependent · Technical and HSEC · Corporate Governance & Nominating31,34427,600———58,944
Laura DoveIndependent · Audit · Corporate Governance & Nominating31,34427,600———58,944
Andrew ColeIndependent · Compensation · Technical and HSEC31,34427,600———58,944
Alexander SternhellIndependent · Audit · Compensation31,34427,600———58,944
Jeffrey MalmenIndependent · Audit · Compensation31,34427,600———58,944
Marcelo KimIndependent · Corporate Governance & Nominating (Chair) · Technical · Audit (Chair)00———0
Jonathan CherryEmployee director · Technical and HSEC00———0

Board fee structure and ownership guideline

Annual cash retainer$25,240
Annual equity retainer—
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)12,208 / 4,940
Stock ownership guideline$3

Total cost of the board

ComponentFY2025
Cash retainers and fees$247,158
Equity awards (grant-date value)$193,200
All other compensation$0
Total cost of the board$440,358

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

Peer group, and who names PERPETUA RESOURCES as a peer

Companies that benchmark against PPTA

2 companies name PPTA as a compensation peer

Each company listed discloses PPTA in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named PPTA in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1PERPETUA RESOURCES CORP.2025Jonathan Cherry$458,750$797,073$0$1,188,000$2,463,823

Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

Say-on-pay history and pay ratio

No say-on-pay vote is on file for this company.

Insider trades since the proxy

No insider equity transactions reported since the proxy statement.

Sources (23 citations)

Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.

  • Section 01, Michael Wright. DEF 14A, filed 2026-04-24. Section “Executive Compensation”. As printed: 3,549,185. View filing ↗
  • Section 01, Jonathan Cherry. DEF 14A, filed 2026-04-24. Section “Executive Compensation”. As printed: 2,463,823. View filing ↗
  • Section 01, Mckinsey Lyon. DEF 14A, filed 2026-04-24. Section “Executive Compensation”. As printed: 832,458. View filing ↗
  • Section 01, Jessica Largent. DEF 14A, filed 2026-04-24. Section “Executive Compensation”. As printed: 805,634. View filing ↗
  • Section 01, Mark Murchison. DEF 14A, filed 2026-04-24. Section “Executive Compensation”. As printed: 483,160. View filing ↗
  • Section 03, Michael Wright RSU. DEF 14A, filed 2026-04-24. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Jonathan Cherry PSU. DEF 14A, filed 2026-04-24. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Jonathan Cherry RSU. DEF 14A, filed 2026-04-24. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Jessica Largent RSU. DEF 14A, filed 2026-04-24. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Mckinsey Lyon RSU. DEF 14A, filed 2026-04-24. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 08, Christopher Robison. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 77,538. View filing ↗
  • Section 08, Robert Dean. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 68,100. View filing ↗
  • Section 08, Richie Haddock. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 58,944. View filing ↗
  • Section 08, Laura Dove. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 58,944. View filing ↗
  • Section 08, Andrew Cole. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 58,944. View filing ↗
  • Section 08, Alexander Sternhell. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 58,944. View filing ↗
  • Section 08, Jeffrey Malmen. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 58,944. View filing ↗
  • Section 08, Marcelo Kim. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 08, Jonathan Cherry. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
  • Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
  • Section 09b board cost (computed). Computed. Cash 247,158 + equity 193,200 + all other 0 = 440,358, summed across the director compensation table rows.
  • PERPETUA RESOURCES CORP. (subject), Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in PERPETUA RESOURCES CORP.'s own proxy. As printed: 2,463,823. View filing ↗
Get the full report — $1,500