Gran Tierra COO receives new stock unit awards
Morin Sebastien reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Morin Sebastien reported acquisition or exercise transactions in this Form 4 filing.
Gran Tierra Energy Inc. reported that Chief Operating Officer Sebastien Morin received new equity-based compensation in the form of restricted and performance stock units. He was granted 62,612 restricted stock units and 250,447 performance stock units, each representing the right to receive one share of common stock upon vesting.
The restricted stock units vest in three equal annual installments beginning on March 6, 2027. After these awards, Morin holds 129,751 restricted stock units and 691,194 performance stock units directly, aligning a larger portion of his compensation with future company performance and share value.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 62,612 | $0.00 | $0.00 |
| Grant/Award | Performance Stock Units | 250,447 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of Gran Tierra Energy Inc. common stock upon vesting. The restricted stock units vest in three equal annual installments beginning on March 06, 2027.
- F2. Each performance stock unit represents the contingent right to receive one share of Gran Tierra Energy Inc. common stock upon vesting.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Gran Tierra Energy (GTE) report for Sebastien Morin?
How many restricted stock units were granted to the Gran Tierra (GTE) COO?
How many performance stock units did Gran Tierra (GTE) award to its COO?
When do the Gran Tierra (GTE) restricted stock units granted to the COO vest?
What do the Gran Tierra (GTE) performance stock units represent for the COO?
Are the Gran Tierra (GTE) COO’s new stock unit awards market purchases?
AI-generated analysis. How Rhea-AI works. Not financial advice.