Guidry Gary 4

What Happened

• Gary Guidry, President, CEO and a director of Gran Tierra Energy Inc. (GTE), received awards totaling 500,895 derivative stock units on March 6, 2026. The filing reports two grants of 100,179 and 400,716 units. No cash price was paid (reported as N/A) because these are restricted/performance stock units (derivative awards), not open‑market purchases or sales.

Key Details

• Transaction date: March 6, 2026; Form 4 filed March 10, 2026 (timely filing).
• Awards: 100,179 units and 400,716 units — total 500,895 contingent stock units.
• Price/value: N/A in the filing (these are derivative grants, not a purchase at a set price).
• Vesting/conditions: Footnote F1 — RSUs vest in three equal annual installments beginning March 6, 2027. Footnote F2 — PSUs are contingent rights to receive one share upon satisfaction of performance/vesting conditions.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• No 10b5-1 plan, tax‑withholding sale, or late‑filing flag noted in the filing excerpt.

Context

• RSUs and PSUs are common forms of executive compensation; they do not represent immediately transferable shares but a contingent right to receive shares if and when they vest (and, for PSUs, if performance targets are met).
• Such grants are compensation and not the same as an insider buying shares in the open market; they’re intended to align executives’ interests with shareholders over time.