CEO Jonathan Cherry was paid $2,463,823 in fiscal year 2025, ↑ up 150.5% from fiscal year 2024 (SEC filing 0001104659-26-048110 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
$3,549,185 Michael Wright total, FY2025 Former Vice President, Projects — highest-paid officer; CEO Jonathan Cherry: $2,463,823 | — CEO (Jonathan Cherry) pay percentile vs peers | — CEO-to-median pay ratio | — Say-on-pay support, latest vote |
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PPTA's next annual pay disclosure, estimated May 16, 2027.est. Filing ↗
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Michael Wright | $294,407 | $0 | $478,235 | $0 | $115,229 | $0 | $2,661,314 | $3,549,185 |
| Former Vice President, Projects | ||||||||
| Jonathan Cherry | 458,750 | 0 | 797,073 | 0 | 1,188,000 | 0 | 20,000 | 2,463,823 |
| President and Chief Executive Officer | ||||||||
| Mckinsey Lyon | 221,960 | 0 | 330,885 | 0 | 270,000 | 0 | 9,613 | 832,458 |
| Senior Vice President, External Affairs | ||||||||
| Jessica Largent | 264,457 | 0 | 398,370 | 0 | 132,229 | 0 | 10,578 | 805,634 |
| Former Chief Financial Officer | ||||||||
| Mark Murchison | 100,000 | — | 383,160 | — | 136,126 | — | 0 | 483,160 |
| 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.
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Michael Wright | $3,549,185 | $931,287 | — | ↑ +2,617,898 |
| Jonathan Cherry | 2,463,823 | 983,589 | — | ↑ +1,480,234 |
| Mckinsey Lyon | 832,458 | — | — | — |
| Jessica Largent | 805,634 | 819,246 | — | ↓ −13,612 |
| Mark Murchison | 483,160 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
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One page per officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.
| Executive | Role | FY2025 total |
|---|---|---|
| Jessica Largent | CFO | $805,634 |
| Jonathan Cherry | CEO | $2,463,823 |
| Mark Murchison | CFO | $483,160 |
| Mckinsey Lyon | SVP | $832,458 |
| Michael Wright | Vice President, Projects | $3,549,185 |
One page per director: the seat, the committees and the fee table, read for one person at a time.
| Director | Role | FY2025 total |
|---|---|---|
| Alexander Sternhell | Independent Director | $58,944 |
| Andrew Cole | Independent Director | $58,944 |
| Christopher Robison | Independent Director | $77,538 |
| Jeffrey Malmen | Independent Director | $58,944 |
| Laura Dove | Independent Director | $58,944 |
| Marcelo Kim | Independent Director | — |
| Richie Haddock | Independent Director | $58,944 |
| Robert Dean | Independent Director | $68,100 |
No insider equity transactions reported since the proxy statement.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Jonathan Cherry | PSU | 2025-02-21 | — | — | 50,000 | — | $1,210,500 |
| Jonathan Cherry | RSU | 2025-02-21 | — | — | 38,174 | — | 924,193 |
| Michael Wright | RSU | — | — | — | 90,657 | — | 2,194,806 |
| Jessica Largent | RSU | 2025-02-21 | — | — | 19,079 | — | 461,903 |
| Mckinsey Lyon | RSU | 2025-02-21 | — | — | 15,847 | — | 383,656 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Jonathan Cherry | $924,193 | $1,210,500 | $0 | 56.7% |
| Michael Wright | 2,194,806 | 0 | 0 | 0.0% |
| Jessica Largent | 461,903 | 0 | 0 | 0.0% |
| Mckinsey Lyon | 383,656 | 0 | 0 | 0.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Jessica Largent | PSU | 51,718 | — | $1,252,093 |
| Jonathan Cherry | PSU | 50,000 | — | 1,210,500 |
| Jessica Largent | PSU | 42,892 | — | 1,038,415 |
| Mckinsey Lyon | PSU | 40,910 | — | 990,431 |
| Jonathan Cherry | RSU | 38,174 | — | 924,193 |
| Jonathan Cherry | PSU | 38,174 | — | 924,193 |
| Jessica Largent | RSU | 34,479 | — | 834,737 |
| Mckinsey Lyon | PSU | 33,929 | — | 821,421 |
| Mckinsey Lyon | RSU | 11,310 | — | 273,815 |
| Mckinsey Lyon | RSU | 27,273 | — | 660,279 |
| Jessica Largent | RSU | 19,079 | — | 461,903 |
| Jessica Largent | PSU | 19,079 | — | 461,903 |
| Mckinsey Lyon | RSU | 15,847 | — | 383,656 |
| Mckinsey Lyon | PSU | 15,847 | — | 383,656 |
| Jessica Largent | RSU | 14,297 | — | 346,130 |
| Mark Murchison | PSU | 12,000 | — | 290,520 |
| Mark Murchison | RSU | 8,000 | — | 193,680 |
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | true |
| Anti-hedging | — |
| Anti-pledging | — |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Christopher RobisonIndependent · Compensation (Chair) · Corporate Governance & Nominating · Technical (Chair) | $49,938 | $27,600 | — | — | — | $77,538 |
| Robert DeanIndependent · Audit (Chair) · Corporate Governance & Nominating | 40,500 | 27,600 | — | — | — | 68,100 |
| Richie HaddockIndependent · Technical and HSEC · Corporate Governance & Nominating | 31,344 | 27,600 | — | — | — | 58,944 |
| Laura DoveIndependent · Audit · Corporate Governance & Nominating | 31,344 | 27,600 | — | — | — | 58,944 |
| Andrew ColeIndependent · Compensation · Technical and HSEC | 31,344 | 27,600 | — | — | — | 58,944 |
| Alexander SternhellIndependent · Audit · Compensation | 31,344 | 27,600 | — | — | — | 58,944 |
| Jeffrey MalmenIndependent · Audit · Compensation | 31,344 | 27,600 | — | — | — | 58,944 |
| Marcelo KimIndependent · Corporate Governance & Nominating (Chair) · Technical · Audit (Chair) | 0 | 0 | — | — | — | 0 |
| Jonathan CherryEmployee director · Technical and HSEC | 0 | 0 | — | — | — | 0 |
| 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 | $75,720 |
| Component | FY2025 |
|---|---|
| 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.
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Perpetua Resources | 2025 | Jonathan 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.
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Michael Wright | DEF 14A | 2026-04-24 | 0001104659-26-048110 | Section “Executive Compensation”. As printed: 3,549,185. Filing ↗machine: span 603978–603987 |
| 2 | Section 01, Jonathan Cherry | DEF 14A | 2026-04-24 | 0001104659-26-048110 | Section “Executive Compensation”. As printed: 2,463,823. Filing ↗machine: span 581674–581683 |
| 3 | Section 01, Mckinsey Lyon | DEF 14A | 2026-04-24 | 0001104659-26-048110 | Section “Executive Compensation”. As printed: 832,458. Filing ↗machine: span 592568–592575 |
| 4 | Section 01, Jessica Largent | DEF 14A | 2026-04-24 | 0001104659-26-048110 | Section “Executive Compensation”. As printed: 805,634. Filing ↗machine: span 596616–596623 |
| 5 | Section 01, Mark Murchison | DEF 14A | 2026-04-24 | 0001104659-26-048110 | Section “Executive Compensation”. As printed: 483,160. Filing ↗ |
| 6 | Section 03, Jonathan Cherry PSU | DEF 14A | 2026-04-24 | 0001104659-26-048110 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 747012–747022 |
| 7 | Section 03, Jonathan Cherry RSU | DEF 14A | 2026-04-24 | 0001104659-26-048110 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 743620–743628 |
| 8 | Section 03, Michael Wright RSU | DEF 14A | 2026-04-24 | 0001104659-26-048110 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 612872–612882 |
| 9 | Section 03, Jessica Largent RSU | DEF 14A | 2026-04-24 | 0001104659-26-048110 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 793943–793951 |
| 10 | Section 03, Mckinsey Lyon RSU | DEF 14A | 2026-04-24 | 0001104659-26-048110 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 768630–768638 |
| 11 | Section 08, Christopher Robison | DEF 14A | 2026-04-24 | 0001104659-26-048110 | Section “Director Compensation”. As printed: 77,538. Filing ↗machine: span 430929–430936 |
| 12 | Section 08, Robert Dean | DEF 14A | 2026-04-24 | 0001104659-26-048110 | Section “Director Compensation”. As printed: 68,100. Filing ↗machine: span 422666–422673 |
| 13 | Section 08, Richie Haddock | DEF 14A | 2026-04-24 | 0001104659-26-048110 | Section “Director Compensation”. As printed: 58,944. Filing ↗machine: span 426793–426800 |
| 14 | Section 08, Laura Dove | DEF 14A | 2026-04-24 | 0001104659-26-048110 | Section “Director Compensation”. As printed: 58,944. Filing ↗machine: span 424715–424722 |
| 15 | Section 08, Andrew Cole | DEF 14A | 2026-04-24 | 0001104659-26-048110 | Section “Director Compensation”. As printed: 58,944. Filing ↗machine: span 420591–420598 |
| 16 | Section 08, Alexander Sternhell | DEF 14A | 2026-04-24 | 0001104659-26-048110 | Section “Director Compensation”. As printed: 58,944. Filing ↗machine: span 432987–432994 |
| 17 | Section 08, Jeffrey Malmen | DEF 14A | 2026-04-24 | 0001104659-26-048110 | Section “Director Compensation”. As printed: 58,944. Filing ↗machine: span 428846–428853 |
| 18 | Section 08, Marcelo Kim | DEF 14A | 2026-04-24 | 0001104659-26-048110 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 19 | Section 08, Jonathan Cherry | DEF 14A | 2026-04-24 | 0001104659-26-048110 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 20 | Section 01 trend, Δ column (computed) | Computed | — | — | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 21 | 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).machine: formula: sums + PSU ratio |
| 22 | Section 09b board cost (computed) | Computed | — | — | Cash 247,158 + equity 193,200 + all other 0 = 440,358, summed across the director compensation table rows.machine: formula: Σ = 440,358 |
| 23 | Perpetua Resources (subject), Section 10b CEO total | DEF 14A | 2026-04-24 | 0001104659-26-048110 | CEO total compensation as printed in Perpetua Resources's own proxy. As printed: 2,463,823. Filing ↗machine: span 581674–581683 |
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