Ellson Ryan 4/A

What Happened
Ryan Ellson, Chief Financial Officer of Gran Tierra Energy (GTE), reported the vesting and cash settlement of 130,500 performance share units on April 7, 2026. The filing shows an exercise/conversion event (M) for 130,500 units at $0.00 followed by a disposition to the issuer (D) of 130,500 units at $4.07 each, yielding cash of $531,135. This was a cash settlement of awards, not an open-market sale of shares.

Key Details

• Transaction date: April 7, 2026 (reported in an amended Form 4 filed April 14, 2026).
• Price / value: Disposition to issuer at $4.07 per unit; total cash value $531,135.
• Shares issued/sold: No shares were issued or sold — the award was cash-settled (see footnote).
• Footnote: Represents vesting and cash settlement of performance share units; no shares issued or sold.
• Filing status: This is an amended Form 4; the amendment may correct or clarify the original filing.

Context
This transaction reflects routine executive compensation settling in cash rather than a market trade. For retail investors, cash-settled PSU vesting does not change share count outstanding or indicate an open-market sale by the insider. The filing is informational about compensation realization, not necessarily a signal of insider buying or selling intent.