[Form 4] Gran Tierra Energy Inc. Insider Trading Activity

Rhea-AI Filing Summary

Gran Tierra Energy Inc. (GTE) – Form 4 insider filing

Director Brooke N. Wade exercised employee stock options on 07/01/2025. Using the M (transaction code M) option-exercise mechanism, he converted 1,970 options at an exercise price of $5.98 into an equal number of common shares.

Following the transaction, Wade’s direct share ownership rose to 220,128 common shares. His remaining unexercised derivative position stands at 16,736 stock options. No indirect holdings or additional transactions were reported.

The filing reflects a routine option exercise by a board member and does not disclose any open-market purchases or sales.

Insights

Securities Analyst

TL;DR: Director exercised 1,970 options at $5.98; holdings now 220,128 shares—routine, low-impact insider activity.

The Form 4 shows a standard option exercise by Director Brooke N. Wade. Only 1,970 shares (≈0.27% of his post-transaction stake) were involved, executed at the predetermined strike of $5.98. No open-market sale followed, suggesting the shares were retained. Remaining option balance is 16,736. Given Gran Tierra’s average daily volume and the small size relative to total shares outstanding, the event is not material to valuation or liquidity. The filing is best viewed as housekeeping rather than a strategic insider signal.

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^*

Wade Brooke N.

(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)
07/01/2025

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	07/01/2025		M		1,970	A	$5.98	220,128	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)	$5.98	07/01/2025		M			1,970	06/30/2025	06/30/2025	Common Stock	1,970	$0	16,736	D

Explanation of Responses:

	/s/ Phillip Abraham, Attorney-In Fact	07/03/2025
	** 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.

FAQ

What action did Director Brooke N. Wade report in GTE’s Form 4?

He exercised 1,970 stock options on 07/01/2025, converting them into common shares at $5.98 each.

How many Gran Tierra Energy shares does Wade own after the transaction?

His direct ownership totals 220,128 common shares after the option exercise.

What was the exercise price of the options Wade converted?

The options were exercised at an exercise price of $5.98 per share.

How many derivative securities (options) remain held by Wade?

He still holds 16,736 unexercised stock options after the reported transaction.

Did the Form 4 indicate any open-market sale of GTE shares?

No. The filing only reports an option exercise; no open-market purchases or sales were disclosed.