What is the significance of performance share units in this Gran Tierra Energy (GTE) Form 4/A?

Performance share units are equity-based awards that vest based on pre-set performance conditions. In this filing, 145,816 units vested and were cash settled, with a footnote explicitly stating no Gran Tierra Energy shares were issued or sold as part of the event.

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

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

4/A

Rhea-AI Filing Summary

Gran Tierra Energy Chief Operating Officer Sebastien Morin reported a compensation-related equity event involving performance share units. On April 7, 2026, Form 4/A shows an exercise/conversion entry for 145,816 shares of Common Stock followed by a matching 145,816-share disposition to the issuer at $4.07 per share. A footnote clarifies this represents the vesting and cash settlement of performance share units, with no shares issued or sold. After these entries, Morin is shown as directly holding 33,304 shares of Common Stock.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Morin Sebastien

Role Chief Operating Officer

Type	Security	Shares	Price	Value
Exercise	Common Stock	145,816	$0.00	--
Disposition	Common Stock	145,816	$4.07	$593K

Holdings After Transaction: Common Stock — 179,320 shares (Direct)

Footnotes (1)

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Key Figures

PSU-related share amount: 145,816 shares Disposition price: $4.07 per share Post-transaction holdings: 33,304 shares +1 more

4 metrics

PSU-related share amount 145,816 shares Shares referenced in vesting and cash settlement on April 7, 2026

Disposition price $4.07 per share Price used for 145,816-share disposition to issuer

Post-transaction holdings 33,304 shares Common Stock directly held after reported transactions

Exercise/conversion date April 7, 2026 Date of PSU vesting and related entries

Key Terms

performance share units, Disposition to issuer, Exercise or conversion of derivative security, Common Stock

4 terms

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""

Common Stock financial

""security_title": "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

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^*

Morin Sebastien

(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)
	Chief Operating Officer

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⁾		145,816	A	$0.00	179,320	D
Common Stock	04/07/2026		D⁽¹⁾		145,816	D	$4.07	33,304	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, Attorney-In Fact	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 transaction did Gran Tierra Energy (GTE) report for Sebastien Morin?

Gran Tierra Energy reported Chief Operating Officer Sebastien Morin’s vesting and cash settlement of performance share units tied to 145,816 shares on April 7, 2026. A matching disposition to the issuer is recorded, and a footnote clarifies no shares were actually issued or sold.

Did Sebastien Morin buy or sell Gran Tierra Energy (GTE) shares in this Form 4/A?

The filing does not show an open-market buy or sell. It records an exercise/conversion and a disposition to the issuer linked to performance share units, with a footnote stating the event was cash settled and that no Gran Tierra Energy shares were issued or sold.

How many Gran Tierra Energy (GTE) shares are shown as held by Sebastien Morin after the transaction?

Following the reported performance share unit vesting and related entries, the Form 4/A shows Sebastien Morin directly holding 33,304 shares of Gran Tierra Energy common stock. This post-transaction balance reflects his direct ownership after the compensation-related adjustment.

What does the $4.07 price in Sebastien Morin’s Gran Tierra Energy (GTE) filing represent?

The $4.07 per-share figure is the transaction price used in the disposition-to-issuer entry for 145,816 shares. It is part of the accounting for the cash settlement of performance share units, rather than an open-market sale of Gran Tierra Energy shares.