STOCK TITAN

Gran Tierra Energy (GTE) CEO reports cash-settled performance share unit vesting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

Gran Tierra Energy President and CEO Gary Guidry reported the vesting and cash settlement of performance share units on April 7, 2026. The Form 4/A shows 190,975 common shares associated with the vesting and an equal 190,975-share disposition to the issuer at $4.07 per share. A footnote clarifies that these entries represent cash-settled performance share units, so no shares were actually issued or sold in the market. Following these transactions, Guidry’s directly held common stock position is reported as 503,696 shares.

Positive

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Negative

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Insights

CEO’s Form 4/A reflects cash-settled PSU vesting, with no market trades.

The filing shows Gary Guidry had performance share units vest and be cash-settled, recorded as 190,975 shares acquired and the same amount disposed back to the issuer at $4.07 per share. A footnote states no shares were issued or sold.

This pattern indicates a compensation event rather than open-market buying or selling, so it carries limited signaling value about management’s view of the stock. After the entries, Guidry directly holds 503,696 common shares, which frames the transaction as a routine adjustment to equity-based pay.

Insider Guidry Gary
Role President and CEO
Type Security Shares Price Value
Exercise Common Stock 190,975 $0.00 --
Disposition Common Stock 190,975 $4.07 $777K
Holdings After Transaction: Common Stock — 694,671 shares (Direct)
Footnotes (1)
  1. [object Object]
PSU-related share amount 190,975 shares Shares tied to performance share units vesting and cash settlement
Disposition price to issuer $4.07 per share Recorded price for 190,975-share disposition to issuer
Post-transaction holdings 503,696 shares Gary Guidry’s directly held common stock after reported entries
performance share units financial
"Represents the vesting and cash settlement of performance share units."
Performance share units are a type of company stock award given to employees that depend on the company meeting specific goals or targets. If these goals are achieved, the employee receives shares or the value of shares; if not, they may receive little or no compensation. This aligns employees’ interests with the company's success and encourages performance that benefits investors.
Disposition to issuer financial
"transaction_code_description": "Disposition to issuer""
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Guidry Gary

(Last)(First)(Middle)
C/O GRAN TIERRA ENERGY INC.
500 CENTRE STREET SE

(Street)
CALGARYT2G 1A6

(City)(State)(Zip)

ALBERTA, CANADA

(Country)
2. Issuer Name and Ticker or Trading Symbol
GRAN TIERRA ENERGY INC. [ GTE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President and CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/07/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)
04/09/2026
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock04/07/2026M(1)190,975A$0.00694,671D
Common Stock04/07/2026D(1)190,975D$4.07503,696D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents the vesting and cash settlement of performance share units. No shares were issued or sold.
/s/ Phillip Abraham, Attorney-In Fact04/14/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Gran Tierra Energy (GTE) CEO Gary Guidry report in this Form 4/A?

Gary Guidry reported the vesting and cash settlement of performance share units. The filing logs 190,975 common shares as both acquired and disposed to the issuer, but a footnote explains no actual shares were issued or sold in the market.

Did Gran Tierra Energy (GTE) CEO Gary Guidry buy or sell shares in the market?

No, the filing indicates no market purchases or sales. A footnote clarifies the transactions represent performance share units that vested and were settled in cash, meaning no common shares were issued to or sold by Gary Guidry.

How many Gran Tierra Energy (GTE) shares were involved in the CEO’s reported transactions?

The Form 4/A records 190,975 common shares as acquired and the same 190,975 shares as disposed to the issuer at $4.07 per share. These are accounting entries tied to cash-settled performance share units rather than actual share issuances or market trades.

What is Gary Guidry’s reported Gran Tierra Energy (GTE) shareholding after these transactions?

After the reported entries, Gary Guidry is shown holding 503,696 shares of Gran Tierra Energy common stock directly. This figure reflects his position following the vesting and cash settlement of performance share units described in the Form 4/A filing.

What are performance share units in the context of Gran Tierra Energy (GTE) CEO compensation?

Performance share units are equity-based awards that vest based on performance criteria and may be settled in cash or shares. In this filing, Gary Guidry’s units vested and were settled in cash, so the recorded share movements did not result in any shares being issued or sold.