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Gran Tierra Energy (NYSE: GTE) awards RSUs and PSUs to VP Jim Evans

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Evans Jim reported acquisition or exercise transactions in this Form 4 filing.

Gran Tierra Energy Inc. executive Jim Evans received new equity awards in the form of restricted and performance stock units. On March 6, 2026, he was granted 48,301 restricted stock units and 193,202 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 grants, Evans directly holds 98,400 restricted stock units and 481,592 performance stock units, aligning a meaningful portion of his compensation with future company performance and share value.

Positive

  • None.

Negative

  • None.
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*
Evans Jim

(Last) (First) (Middle)
C/O GRAN TIERRA ENERGY INC.
500 CENTRE STREET SE

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP, Corporate Services
3. Date of Earliest Transaction (Month/Day/Year)
03/06/2026
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
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
Restricted Stock Units $0 03/06/2026 A 48,301 03/06/2027 03/06/2029 Common Stock 48,301 (1) 98,400 D
Performance Stock Units $0 03/06/2026 A 193,202 03/06/2029 03/06/2029 Common Stock 193,202 (2) 481,592 D
Explanation of Responses:
1. 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.
2. Each performance stock unit represents the contingent right to receive one share of Gran Tierra Energy Inc. common stock upon vesting.
/s/ Phillip Abraham, Attorney-In Fact 03/10/2026
** 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.

FAQ

What equity awards did Jim Evans receive from GRAN TIERRA ENERGY INC. (GTE)?

Jim Evans received grants of 48,301 restricted stock units and 193,202 performance stock units on March 6, 2026. Each unit represents a contingent right to receive one share of Gran Tierra Energy common stock when vesting conditions are satisfied.

How do the new restricted stock units for GTE executive Jim Evans vest?

The 48,301 restricted stock units granted to Jim Evans vest in three equal annual installments beginning on March 6, 2027. This means one-third of the units convert into common shares each year, subject to continued satisfaction of the vesting terms.

What are performance stock units in the Gran Tierra Energy (GTE) Form 4 for Jim Evans?

The 193,202 performance stock units granted to Jim Evans each provide a contingent right to receive one share of Gran Tierra Energy common stock upon vesting. Vesting depends on specified performance and service conditions, aligning part of his pay with company results.

How many stock-based units does Jim Evans hold after these Gran Tierra (GTE) grants?

Following the March 6, 2026 grants, Jim Evans directly holds 98,400 restricted stock units and 481,592 performance stock units. These awards represent future potential shares of Gran Tierra Energy common stock, subject to applicable vesting and performance requirements.

Did Jim Evans buy or sell Gran Tierra Energy (GTE) shares in this Form 4?

This Form 4 reports compensation-related grants, not open-market trades. Jim Evans acquired 48,301 restricted stock units and 193,202 performance stock units at a price of $0.00 per unit, reflecting equity awards rather than purchases or sales in the market.
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