What does the $4.07 per share figure mean in the GRAN TIERRA ENERGY (GTE) Form 4/A?

The $4.07 per share figure is the transaction price used for the 34,103-share disposition entry. It applies to the issuer disposition linked to vesting and cash settlement of performance share units, rather than an open-market sale to outside investors or trading on an exchange.

What is the significance of performance share units in GRAN TIERRA ENERGY (GTE) executive compensation?

Performance share units are stock-based awards that vest based on performance criteria, then settle in cash or shares. In this case, the units vested and were settled in cash, creating accounting entries without increasing outstanding shares or generating open-market buying or selling activity.

Gran Tierra Energy (GTE) EVP reports cash‑settled performance share unit vesting

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

4/A

Rhea-AI Filing Summary

GRAN TIERRA ENERGY INC. executive Abraham Phillip D, EVP, Legal and Land, reported routine equity compensation activity involving performance share units on April 7, 2026. One entry shows 34,103 common shares linked to an exercise/conversion code, and a second shows a 34,103-share disposition to the issuer at $4.07 per share. A footnote clarifies these entries represent the vesting and cash settlement of performance share units, so no shares were actually issued into the market or sold. After these adjustments, he directly holds 41,687 common shares.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Abraham Phillip D

Role EVP, Legal and Land

Type	Security	Shares	Price	Value
Exercise	Common Stock	34,103	$0.00	--
Disposition	Common Stock	34,103	$4.07	$139K

Holdings After Transaction: Common Stock — 75,790 shares (Direct)

Footnotes (1)

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Key Figures

PSU-related share amount: 34,103 shares Disposition price: $4.07 per share Post-transaction holdings: 41,687 shares +1 more

4 metrics

PSU-related share amount 34,103 shares Shares linked to vesting and cash settlement entries on April 7, 2026

Disposition price $4.07 per share Price used for 34,103-share disposition to issuer

Post-transaction holdings 41,687 shares Common shares directly held after April 7, 2026 adjustments

Pre-disposition holdings 75,790 shares Total common shares shown following exercise/conversion entry

Key Terms

performance share units, cash settlement, disposition to issuer, exercise or conversion of derivative security

4 terms

cash settlement financial

"Represents the vesting and cash settlement of performance share units."

Cash settlement is a process where, instead of exchanging physical assets like stocks or commodities, the parties involved settle the difference in value with money after a contract ends. For investors, it simplifies transactions by avoiding the need to handle or deliver the actual asset, making it quicker and more convenient to complete trades. This method ensures a straightforward way to settle agreements based on their final value.

disposition to issuer financial

"transaction_action": "issuer disposition","transaction_code_description": "Disposition to issuer""

exercise or conversion of derivative security financial

"transaction_code_description": "Exercise or conversion of derivative security""

Form 4 Insider Transactions: What Each Field Means →

04/14/2026 - 04:50 PM

SEC Form 4

FORM 4

UNITED 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^*

Abraham Phillip D

(Last)

(First)

(Middle)

C/O GRAN TIERRA ENERGY INC.

500 CENTRE STREET SE

(Street)

CALGARY

T2G 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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP, Legal and Land

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/07/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/07/2026		M⁽¹⁾		34,103	A	$0.00	75,790	D
Common Stock	04/07/2026		D⁽¹⁾		34,103	D	$4.07	41,687	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents the vesting and cash settlement of performance share units. No shares were issued or sold.

	/s/ Phillip Abraham	04/14/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did GRAN TIERRA ENERGY (GTE) report for Abraham Phillip D?

The filing reports performance share units vesting and cash settlement for Abraham Phillip D. Two entries each reference 34,103 common shares on April 7, 2026, recorded as an exercise/conversion and a disposition to the issuer, both tied to the same compensation event.

Were any GRAN TIERRA ENERGY (GTE) shares bought or sold on the market in this Form 4/A?

No market trades occurred in this Form 4/A. A footnote states the transactions reflect vesting and cash settlement of performance share units, and that no shares were issued or sold, indicating this is an internal compensation and settlement adjustment only.

How many GRAN TIERRA ENERGY (GTE) shares does Abraham Phillip D hold after the reported transactions?

After the compensation-related adjustments, Abraham Phillip D directly holds 41,687 shares of GRAN TIERRA ENERGY common stock. This post-transaction figure reflects the updated ownership position following the vesting and cash settlement of performance share units on April 7, 2026.