Gran Tierra CEO logs cash-settled PSU vesting
Gran Tierra Energy President and CEO Gary Guidry reported the vesting and cash settlement of performance share units on April 7, 2026.
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.
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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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock | 190,975 | $0.00 | $0.00 |
| Disposition | Common Stock | 190,975 | $4.07 | $777K |
Footnotes (1)
- F1. Represents the vesting and cash settlement of performance share units. No shares were issued or sold.
Key Figures
Key Terms
Disposition to issuer financial
Exercise or conversion of derivative security financial
FAQ
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What did Gran Tierra Energy (GTE) CEO Gary Guidry report in this Form 4/A?
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