Gran Tierra CEO logs cash-settled share units

Gran Tierra Energy Inc. President and CEO Gary Guidry reported the vesting and cash settlement of performance share units tied to the company’s common stock.

Rhea-AI Filing Summary

Gran Tierra Energy Inc. President and CEO Gary Guidry reported the vesting and cash settlement of performance share units tied to the company’s common stock. The filing shows a derivative exercise and matching disposition for 190,975 share-equivalent units at $5.59, but a footnote clarifies that no actual shares were issued or sold.

After these compensation-related entries, Guidry directly holds 503,696 shares of Gran Tierra Energy common stock. Because the units were settled in cash rather than stock, the event reflects compensation delivery rather than an open-market trade or change in his equity stake via buying or selling shares.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Guidry Gary

Role President and CEO

Type	Security	Shares	Price	Value
Exercise	Common Stock	190,975	$0.00	$0.00
Disposition	Common Stock	190,975	$5.59	$1.07M

Holdings After Transaction: Common Stock — 503,696 shares (Direct)

Footnotes (1)

1. F1. Represents the vesting and cash settlement of performance share units. No shares were issued or sold.

Key Figures

Performance share units vested: 190,975 units Cash settlement reference price: $5.59 per unit Shares held after transaction: 503,696 shares

3 metrics

Performance share units vested 190,975 units Vesting and cash settlement equivalent to common stock

Cash settlement reference price $5.59 per unit Value used for disposition entry of 190,975 units

Shares held after transaction 503,696 shares Gran Tierra Energy common stock directly held by CEO

Key Terms

performance share units, Exercise or conversion of derivative security, Disposition to issuer, cash settlement

4 terms

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.

Exercise or conversion of derivative security financial

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

Disposition to issuer financial

"transaction_code_description": "Disposition to issuer""

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Gran Tierra Energy (GTE) report for Gary Guidry?

Gran Tierra Energy reported that CEO Gary Guidry had performance share units vest and be cash-settled, equivalent to 190,975 common shares. A footnote states no actual shares were issued or sold, making this a compensation event rather than an open-market trade.

Did Gran Tierra Energy (GTE) CEO Gary Guidry buy or sell common shares?

The filing indicates no actual share purchases or sales by CEO Gary Guidry. The reported entries reflect vesting and cash settlement of performance share units, with a footnote explicitly stating that no common shares were issued or sold in the process.

How many Gran Tierra Energy (GTE) shares does Gary Guidry hold after this Form 4?

After the reported transactions, Gary Guidry directly holds 503,696 shares of Gran Tierra Energy common stock. This figure comes from the post-transaction balance disclosed in the Form 4 and reflects his ongoing direct equity stake in the company.

What is the significance of the 190,975 figure in Gary Guidry’s Gran Tierra (GTE) filing?

The 190,975 figure represents the number of performance share units that vested and were cash-settled for Gary Guidry. Although shown as common stock entries with a $5.59 value, a footnote clarifies these units settled in cash, with no actual shares issued or sold.

Was the $5.59 amount in the Gran Tierra (GTE) Form 4 an open-market price?

The Form 4 shows a $5.59 per-share value tied to a disposition of 190,975 share-equivalent units back to the issuer. However, this reflects cash settlement of performance share units, not an open-market sale, and is part of a compensation-related transaction.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/09/2026 - 08:04 PM Learn about SEC filing dates

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^*

Guidry Gary

(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)

X	Director		10% Owner
X	Officer (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)

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)

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/07/2026		M(1)		190,975	A	$0.00	694,671	D
Common Stock	04/07/2026		D(1)		190,975	D	$5.59	503,696	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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 Fact	04/09/2026
	** 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)