GRAN TIERRA ENERGY INC.·4/A

Apr 14, 4:48 PM ET

Evans Jim 4/A

4/A · GRAN TIERRA ENERGY INC. · Filed Apr 14, 2026

Research Summary

AI-generated summary of this filing

Updated

Gran Tierra (GTE) EVP Jim Evans Receives Cash-Settled PSU Payout

What Happened
Jim Evans, EVP Corporate Services of Gran Tierra Energy Inc. (GTE), had 76,162 performance-based units vest and be cash-settled on April 7, 2026. The Form 4 records an exercise/conversion entry at $0.00 for 76,162 units and a corresponding disposition to the issuer at $4.07 per unit, totaling $309,979. According to the filing footnote, no shares were issued or sold — this was a cash settlement of performance share units (PSUs).

Key Details

  • Transaction date: 2026-04-07 (reported on an amended Form 4 filed 2026-04-14).
  • Entries reported: M (exercise/conversion) — 76,162 @ $0.00; D (disposition to issuer) — 76,162 @ $4.07, proceeds $309,979.
  • Shares issued/sold: None — footnote states PSU vesting and cash settlement; no shares issued or sold.
  • Shares owned after transaction: Not specified in the information provided.
  • Filing status: Amended filing (accession 0001104659-26-043231).

Context
This was a cash settlement of vested performance share units, not an open-market sale or a traditional stock purchase. Cash-settled awards convert the value of vested units to cash paid to the executive; they don’t necessarily reflect a buy/sell signal about the executive’s view of the stock.

Insider Transaction Report

Form 4/AAmended
Period: 2026-04-07
Evans Jim
EVP, Corporate Services
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-04-07+76,162124,686 total
  • Disposition to Issuer

    Common Stock

    [F1]
    2026-04-07$4.07/sh76,162$309,97948,514 total
Holdings
  • Common Stock

    (indirect: By Spouse)
    3,200
Footnotes (1)
  • [F1]Represents the vesting and cash settlement of performance share units. No shares were issued or sold.
Signature
/s/ Phillip Abraham, Attorney-In Fact|2026-04-14

Documents

1 file
  • 4
    tm2611820-1_4aseq1.xml

    OWNERSHIP DOCUMENT