4Accepted Sep 28, 7:49 PM ET
Gran Tierra Energy (GTE) Director Wade Brooke Exercises 1,382 Options
Accepted (ET)
7:49 PM
Sep 28, 2026
Filed
Sep 28, 2026
Documents
1
Size
7.2 KB
Summary
Gran Tierra Energy (GTE) Director Wade Brooke Exercises 1,382 Options
What Happened
Wade Brooke, a director of Gran Tierra Energy Inc. (GTE), exercised stock options (transaction code M) on 2026-09-24 to acquire 1,382 common shares at an exercise price of $7.60 per share, for a total cash outlay of $10,503. The filing also shows the related derivative instrument was disposed/cancelled (reported with $0 proceeds), which is the typical conversion of the option into shares.
Key Details
- Transaction date: 2026-09-24; Filed: 2026-09-28 (filing appears timely for a Sept. 24 transaction).
- Exercise price: $7.60 per share; Shares acquired: 1,382; Total paid: $10,503.
- Disposition: 1,382 derivative units shown disposed at $0.00 (represents cancellation/conversion of the option).
- Shares owned after transaction: Not provided in the summary you supplied — see the full Form 4 for post-transaction holdings.
- No sale reported — shares were acquired via exercise, not sold; no 10b5-1 plan, tax withholding, or other footnotes were included in the excerpt you provided.
Context
This was an option exercise (code M). Because no shares were sold immediately in the filing, this is an acquisition of stock rather than a cashless exercise/sale. Exercises are common for insiders and can reflect routine option vesting or decision to convert options to shares; they should not be interpreted as a definitive buy or sell signal on their own. For full holding details and any footnotes, consult the complete SEC Form 4 (Accession 0001104659-26-111464).