Gran Tierra (NYSE: GTE) director now holds 190,877 stock units
Rhea-AI Filing Summary
Gran Tierra Energy Inc. reported a director equity award in the form of deferred stock units. On 01/01/2026, the director acquired 39,445 deferred stock units, each convertible into one share of common stock. These units vest in full when the director ceases to be a member of the company’s Board of Directors.
After this grant, the director beneficially owns 190,877 derivative securities on a direct basis. The transaction price is listed as $0 for the deferred stock units, reflecting that this is a compensation-related award rather than an open-market purchase.
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FAQ
What insider transaction did Gran Tierra Energy Inc. (GTE) report?
Gran Tierra Energy Inc. reported that a director received 39,445 deferred stock units on 01/01/2026, each linked to one share of common stock.
How many Gran Tierra (GTE) shares do the new deferred stock units represent?
The 39,445 deferred stock units each convert into one share of common stock, so they represent 39,445 potential common shares.
When do the Gran Tierra (GTE) deferred stock units vest for this director?
The deferred stock units vest in full when the reporting person ceases to be a member of the Board of Directors of Gran Tierra Energy Inc.
What is the conversion ratio of Gran Tierra (GTE) deferred stock units?
Each deferred stock unit converts into one share of Gran Tierra Energy Inc. common stock on a one-for-one basis.
How many Gran Tierra (GTE) derivative securities does the director own after this grant?
Following the reported transaction, the director beneficially owns 190,877 derivative securities, held directly.
Was there a purchase price for the Gran Tierra (GTE) deferred stock units?
The transaction lists a price of $0 for the deferred stock units, indicating they were granted as compensation rather than bought in the market.