Gran Tierra EVP reports PSU cash settlement
Gran Tierra Energy EVP, Legal and Land Phillip D. Abraham reported compensation-related entries tied to performance share units.
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Rhea-AI Filing Summary
Gran Tierra Energy EVP, Legal and Land Phillip D. Abraham reported compensation-related entries tied to performance share units. On the reported date, 34,103 common-share-equivalent units vested and were cash settled at $5.59 per share value, and the filing notes that no shares were issued or sold. Following these entries, Abraham directly holds 41,687 shares of common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock | 34,103 | $0.00 | $0.00 |
| Disposition | Common Stock | 34,103 | $5.59 | $191K |
Footnotes (1)
- F1. Represents the vesting and cash settlement of performance share units. No shares were issued or sold.
Key Figures
Key Terms
Exercise or conversion of derivative security financial
Disposition to issuer financial
FAQ
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What did Gran Tierra Energy EVP Phillip D. Abraham report on this Form 4 for GTE?
What does the $5.59 figure represent in Gran Tierra Energy’s Form 4 for GTE?
AI-generated analysis. How Rhea-AI works. Not financial advice.