Morin Sebastien 4

What Happened
Sebastien Morin, Chief Operating Officer of Gran Tierra Energy Inc. (GTE), was awarded two equity grants on March 6, 2026: 62,612 restricted stock units (RSUs) and 250,447 performance stock units (PSUs). No cash changed hands — these are compensation awards (derivative grants), so acquisition price is listed as N/A. RSUs and PSUs give the holder a contingent right to receive common stock if and when vesting conditions are met.

Key Details

• Transaction date: March 6, 2026; Form 4 filed March 10, 2026 (accession 0001104659-26-026048). Filing is within the normal two-business-day window and is timely.
• Grants: 62,612 RSUs (footnote F1) and 250,447 PSUs (footnote F2). Price: N/A (awarded).
• Vesting: RSUs vest in three equal annual installments starting March 6, 2027 (per F1). PSUs are performance-based units that vest only if specified performance criteria are met (per F2); the filing does not state a specific PSU vesting schedule.
• Shares owned after transaction: not specified in the filing.
• Nature of transaction: Award/grant (code A) — compensation, not an open-market buy or sale.

Context RSUs and PSUs are contingent claims on company stock and do not represent immediate tradable shares until they vest and are settled. Such grants are routine forms of executive compensation and should be interpreted as part of pay and retention programs rather than a direct buy/sell signal about the insider’s view of the stock.