Gran Tierra Energy (NYSE: GTE) awards RSUs and PSUs to VP Jim Evans
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.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Evans Jim
Role
VP, Corporate Services
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 48,301 | $0.00 | $0.00 |
| Grant/Award | Performance Stock Units | 193,202 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 98,400 shares (Direct);
Performance Stock Units — 481,592 shares (Direct)
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.
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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.