Gran Tierra (GTE) CFO reports 130,500 performance share units vesting, no share sale

Rhea-AI Filing Summary

Gran Tierra Energy Chief Financial Officer Ryan Ellson reported compensation-related changes in his equity holdings tied to performance share units. On the reported date, 130,500 performance share units vested and were settled in cash, and the footnote clarifies that no shares were issued or sold. Following these entries, Ellson held 77,363 common shares directly, plus 3,000 shares indirectly through his spouse, reflecting his ongoing equity stake without any open-market trading activity.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Ellson Ryan

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Exercise	Common Stock	130,500	$0.00	--
Disposition	Common Stock	130,500	$5.59	$729K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 210,863 shares (Direct); Common Stock — 3,000 shares (Indirect, By Spouse)

Footnotes (1)

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Key Figures

Performance share units vested: 130,500 units Reference price per share: $5.5900 Direct common share holdings: 77,363 shares +1 more

4 metrics

Performance share units vested 130,500 units Vesting and cash settlement, no shares issued or sold

Reference price per share $5.5900 Amount shown for disposition to issuer entry

Direct common share holdings 77,363 shares Shares held directly by CFO after transactions

Indirect common share holdings 3,000 shares Shares held indirectly by spouse after transactions

Key Terms

performance share units, Disposition to issuer, indirect ownership, vesting

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.

Disposition to issuer financial

"transaction_code_description": "Disposition to issuer""

indirect ownership financial

""direct_or_indirect": "I","nature_of_ownership": "By Spouse""

vesting financial

"Represents the vesting and cash settlement of performance share units."

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

Form 4 Insider Transactions: What Each Field Means →

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^*

Ellson Ryan

(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 Financial 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)

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)		130,500	A	$0.00	210,863	D
Common Stock	04/07/2026		D(1)		130,500	D	$5.59	77,363	D
Common Stock								3,000	I	By Spouse

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)

FAQ

What insider activity did Gran Tierra Energy (GTE) report for its CFO?

Gran Tierra Energy’s CFO Ryan Ellson reported vesting and cash settlement of 130,500 performance share units. According to the footnote, no shares were issued or sold, making this a compensation-driven, non-market transaction reflecting equity-based pay rather than open-market trading.

Did the Gran Tierra Energy (GTE) CFO buy or sell shares on the open market?

The filing indicates no open-market buying or selling by the CFO. Performance share units vested and were settled in cash, with the footnote stating that no shares were issued or sold, so the activity reflects internal compensation adjustments rather than market trades.

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

After the reported transactions, CFO Ryan Ellson held 77,363 Gran Tierra Energy common shares directly. The filing also shows 3,000 additional shares held indirectly through his spouse, together illustrating his continued equity exposure following the compensation-related adjustments.

What does the 130,500 figure represent in the Gran Tierra Energy (GTE) Form 4?

The 130,500 figure represents performance share units that vested and were settled in cash for the CFO. The footnote explains that no actual common shares were issued or sold, so this number reflects the size of the vested award rather than a stock trade.

Is the Gran Tierra Energy (GTE) CFO’s Form 4 transaction likely to impact shareholders?

The reported activity is routine equity compensation, with performance share units vesting and being cash settled. Because no shares were issued, sold, or traded in the market, the direct impact on shareholders is limited and primarily relates to executive pay structure.