Gran Tierra Energy (GTE) director awarded 38,550 deferred stock units, now 220,599 held
Rhea-AI Filing Summary
Gran Tierra Energy Inc. disclosed that one of its directors received a grant of deferred stock units on January 1, 2026. The director acquired 38,550 deferred stock units, each representing a contingent right to receive one share of Gran Tierra Energy Inc. common stock on a one-for-one basis. These deferred stock units vest in full when the director ceases to be a member of the company’s Board of Directors. Following this grant, the director beneficially owns 220,599 deferred stock units held directly.
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FAQ
What insider transaction did Gran Tierra Energy Inc. (GTE) report?
Gran Tierra Energy Inc. reported that a director received 38,550 deferred stock units on January 1, 2026, as shown in a Form 4 filing.
How do the deferred stock units for GTE’s director convert into common stock?
Each deferred stock unit converts into one share of Gran Tierra Energy Inc. common stock on a one-for-one basis, according to the filing.
When do the Gran Tierra Energy (GTE) deferred stock units vest for the 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.
How many deferred stock units does the GTE director own after this transaction?
After the reported transaction, the director beneficially owns 220,599 deferred stock units, held directly.
What was the price of the Gran Tierra Energy deferred stock units granted?
The 38,550 deferred stock units were reported with a price of $0 per unit in the Form 4 table.
Does the Form 4 indicate the director’s relationship to Gran Tierra Energy Inc.?
Yes. The filing indicates that the reporting person’s relationship to Gran Tierra Energy Inc. is as a Director.