Abraham Phillip D 4/A
4/A · GRAN TIERRA ENERGY INC. · Filed Apr 14, 2026
Research Summary
AI-generated summary of this filing
Gran Tierra (GTE) EVP Phillip D. Abraham Sells 34,103 Shares
What Happened Phillip D. Abraham, EVP, Legal and Land at Gran Tierra Energy (GTE), had 34,103 performance share units vest and be cash-settled on April 7, 2026. The filing records an exercise/conversion event (derivative code M) for 34,103 units at $0.00 and a disposition to the issuer (code D) of 34,103 units at $4.07 each, totaling $138,799. This was a cash settlement of compensation-related PSUs, not an open-market sale of shares.
Key Details
- Transaction date: April 7, 2026; Price recorded on disposition: $4.07 per share; total proceeds shown: $138,799.
- Form filed (amended) on April 14, 2026.
- Footnote: F1 — Represents the vesting and cash settlement of performance share units. No shares were issued or sold.
- Shares owned after the transaction: not reported in the provided filing.
Context This transaction reflects the cash settlement of vested performance share units (a compensation event). Because no actual shares were issued or sold into the market, this is a routine, non–open-market compensation settlement and should not be read as a direct buy or sell signal by the insider.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-04-07+34,103→ 75,790 total - Disposition to Issuer
Common Stock
[F1]2026-04-07$4.07/sh−34,103$138,799→ 41,687 total
Footnotes (1)
- [F1]Represents the vesting and cash settlement of performance share units. No shares were issued or sold.