Gran Tierra Energy director exercises options, sells 3,021 shares

Gran Tierra Energy Inc. director reports option exercise and share sale.

Rhea-AI Filing Summary

Gran Tierra Energy Inc. director reports option exercise and share sale. A director of Gran Tierra Energy Inc. reported a transaction on 01/02/2026 involving 3,021 shares of common stock. The filing shows a stock option with an exercise price of $4.26 was exercised for 3,021 shares and coded as an "M" transaction, meaning an option exercise. On the same date, 3,021 shares of common stock were disposed of at $4.26 per share, coded as "D" for a sale. Following these transactions, the reporting person directly owned 0 shares of common stock and held 7,829 stock options as derivative securities.

Insider Trade Summary

3,021 shares exercised/converted

Exercise 3 txns

Insider Royal Ronald

Role Director

Type	Security	Shares	Price	Value
Exercise	Stock Option (Right to buy)	3,021	$0.00	$0.00
Exercise	Common Stock	3,021	$4.26	$13K
Disposition	Common Stock	3,021	$4.26	$13K

Holdings After Transaction: Stock Option (Right to buy) — 7,829 contracts (Direct); Common Stock — 0 shares (Direct)

FAQ

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

What insider transaction did Gran Tierra Energy Inc. (GTE) report on 01/02/2026?

A director of Gran Tierra Energy Inc. reported exercising a stock option for 3,021 shares of common stock at $4.26 per share and selling 3,021 shares of common stock at $4.26 per share on 01/02/2026.

Who is the reporting person’s relationship to Gran Tierra Energy Inc. (GTE)?

The reporting person is a director of Gran Tierra Energy Inc., as indicated by the box checked for "Director" in the relationship section.

How many Gran Tierra Energy Inc. (GTE) shares were involved in the director’s Form 4 transaction?

The Form 4 shows 3,021 shares of common stock were acquired through an option exercise and 3,021 shares of common stock were sold on 01/02/2026.

What prices were reported for the Gran Tierra Energy Inc. (GTE) insider transactions?

The stock option was exercised at an exercise price of $4.26 per share, and the 3,021 shares of common stock were sold at $4.26 per share.

How many Gran Tierra Energy Inc. (GTE) shares and options does the director hold after the reported transaction?

After the reported transactions, the director directly owned 0 shares of Gran Tierra Energy Inc. common stock and held 7,829 stock options as derivative securities.

What do transaction codes M and D mean in the Gran Tierra Energy Inc. (GTE) Form 4?

In the Form 4, code M refers to the exercise or conversion of a derivative security such as a stock option, and code D refers to a disposition of securities, such as a sale of common stock.

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

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 01/06/2026 - 09:30 PM EST 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^*

Royal Ronald

(Last) (First) (Middle)

C/O GRAN TIERRA ENERGY INC.

500 CENTRE STREET S.E.

(Street)

CALGARY A0 T2G 1A6

(City) (State) (Zip)

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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	01/02/2026		M		3,021	A	$4.26	3,021	D
Common Stock	01/02/2026		D		3,021	D	$4.26	0	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
Stock Option (Right to buy)	$4.26	01/02/2026		M			3,021	12/31/2025	12/31/2025	Common Stock	3,021	$0	7,829	D

Explanation of Responses:

	/s/ Phillip Abraham, Attorney-In Fact	01/06/2026
	** 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.