GRAN TIERRA ENERGY INC.·4

Mar 10, 9:56 PM ET

Ellson Ryan 4

4 · GRAN TIERRA ENERGY INC. · Filed Mar 10, 2026

Research Summary

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Gran Tierra (GTE) CFO Ellson Ryan Receives 313,059-Share Award

What Happened
Ellson Ryan, Chief Financial Officer of Gran Tierra Energy Inc. (GTE), received equity awards on March 6, 2026: 62,612 restricted stock units (RSUs) and 250,447 performance stock units (PSUs), for a total of 313,059 units. These were reported on an SEC Form 4 filed March 10, 2026. No purchase price is reported because these are derivative awards (transaction code A — grant/award), not open-market buys or sales.

Key Details

  • Transaction date: 2026-03-06; Form 4 filed: 2026-03-10 (4 days after the grants). SEC Form 4s are generally due within two business days, so this filing appears later than the standard window.
  • Award amounts: 62,612 RSUs (Footnote F1) and 250,447 PSUs (Footnote F2). No per-share price reported (N/A for derivative awards).
  • Vesting: RSUs vest in three equal annual installments beginning March 6, 2027 (F1). PSUs are performance-based and represent contingent rights to receive shares upon vesting (F2); no specific PSU vesting schedule was provided in the filing.
  • Shares owned after the transaction: not disclosed in the filing.
  • Transaction code: A = Award/Grant; these are derivative awards (not immediate share purchases or sales).

Context
RSUs and PSUs are compensation awards that convert into common shares only upon vesting (time- or performance-based), so they do not represent immediate share ownership or proceeds for the insider. Such grants are common for executive compensation and align pay with future company performance; they do not by themselves signal a current buy or sell decision.

Insider Transaction Report

Form 4
Period: 2026-03-06
Ellson Ryan
Chief Financial Officer
Transactions
  • Award

    Restricted Stock Units

    [F1]
    2026-03-06+62,612129,751 total
    Exercise: $0.00From: 2027-03-06Exp: 2029-03-06Common Stock (62,612 underlying)
  • Award

    Performance Stock Units

    [F2]
    2026-03-06+250,447481,592 total
    Exercise: $0.00From: 2029-03-06Exp: 2029-03-06Common Stock (250,447 underlying)
Footnotes (2)
  • [F1]Each restricted stock unit represents a contingent right to receive one share of Gran Tierra Energy Inc. common stock upon vesting. The restricted stock units vest in three equal annual installments beginning on March 06, 2027.
  • [F2]Each performance stock unit represents the contingent right to receive one share of Gran Tierra Energy Inc. common stock upon vesting.
Signature
/s/ Phillip Abraham, Attorney-In Fact|2026-03-10

Documents

1 file
  • 4
    tm268516-4_4seq1.xmlPrimary

    OWNERSHIP DOCUMENT