GRAN TIERRA ENERGY INC.·4

Mar 10, 9:56 PM ET

Evans Jim 4

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Gran Tierra (GTE) VP Jim Evans Receives Stock Awards

What Happened
Jim Evans, Vice President, Corporate Services at Gran Tierra Energy Inc. (GTE), received two equity awards on March 6, 2026: 48,301 restricted stock units (RSUs) and 193,202 performance stock units (PSUs). Both items are reported as awards (code A) on the Form 4; no per-share price or total dollar value is provided in the filing because these are contingent/derivative awards rather than open-market trades.

Key Details

  • Transaction date: 2026-03-06 (reported on Form 4 filed 2026-03-10). Filing appears to be timely under the two-business-day rule.
  • Awards: 48,301 RSUs (footnote F1) and 193,202 PSUs (footnote F2). Prices shown as N/A in the filing.
  • Vesting: RSUs vest in three equal annual installments beginning March 6, 2027 (per F1). PSUs are performance-based contingent rights; the filing does not list a specific vesting schedule or performance metrics.
  • Shares owned after the transaction: not disclosed in the provided filing.
  • No tax-withholding, 10b5-1 plan, or sale/exercise was reported in the supplied details.

Context
RSUs and PSUs are compensation awards that convert into common shares only if vesting and/or performance conditions are met; they are not immediate purchases or sales. Such grants are common for executive and senior management compensation and can lead to future dilution if and when they vest and settle. Because no dollar values or performance targets are reported here, this filing documents grant activity but does not by itself indicate an immediate change in insider confidence or market exposure.