Gran Tierra director buys 4,500 shares at $10.04
Gran Tierra Energy director Alison Redford exercised 4,500 stock options, bringing her direct common share holdings to 4,965.
Rhea-AI Filing Summary
Redford Alison reported disposition transactions in a Form 4 filing for GTE. The filing lists transactions totaling 4,500 shares on September 15, 2026. Following the reported transactions, holdings were 4,965 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,500 shares exercised/converted
Exercise
1 txn
Insider
Redford Alison
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to buy) F1 | 4,500 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (Right to buy) — 4,965 contracts (Direct)
Footnotes (1)
- F1. Price of security was transacted in Canadian currency and converted to U.S. currency.
Key Figures
Options exercised: 4,500 options
Conversion or exercise price: $10.04 per share
Underlying shares acquired: 4,500 shares
+3 more
6 metrics
Options exercised
4,500 options
Stock options exercised into common stock on September 15, 2026
Conversion or exercise price
$10.04 per share
Conversion or exercise price for the 4,500 stock options, originally in Canadian currency and converted to U.S. dollars
Underlying shares acquired
4,500 shares
Common shares underlying the exercised stock options
Direct holdings after transaction
4,965 shares
Alison Redford’s direct Gran Tierra Energy common stock holdings following the option exercise
Transaction date
September 15, 2026
Date of reported stock option exercise
Exercise and expiration date of option
August 31, 2026
Reported exercise and expiration date for the stock option prior to reporting
Key Terms
Stock Option (Right to buy), derivative security, conversion or exercise price, Rule 10b5-1
4 terms
Stock Option (Right to buy) financial
"The transaction involved a Stock Option (Right to buy) as a derivative security"
derivative security financial
"The transaction involved a Stock Option (Right to buy) as a derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
conversion or exercise price financial
"The options had a $10.04 conversion or exercise price per share"
Rule 10b5-1 regulatory
"The filing indicates the transaction was not made under a Rule 10b5-1 trading plan"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GTE director Alison Redford report?
Alison Redford reported exercising 4,500 stock options for Gran Tierra Energy common stock on September 15, 2026, converting them into common shares at a stated conversion or exercise price of $10.04 per share in U.S. currency after conversion from Canadian dollars.
What was the exercise price of the stock options reported in the GTE Form 4?
The stock options exercised by Alison Redford had a conversion or exercise price of $10.04 per share. The filing notes that the price was originally in Canadian currency and was converted to U.S. currency for reporting purposes.
What type of security did the GTE Form 4 transaction involve?
The transaction involved a Stock Option (Right to buy), classified as a derivative security. On September 15, 2026, Alison Redford exercised these options to acquire 4,500 underlying shares of Gran Tierra Energy common stock.
Was the GTE insider transaction made under a Rule 10b5-1 trading plan?
No. The filing indicates that the Rule 10b5-1 checkbox is not affirmed for this Form 4, meaning the reported option exercise by Alison Redford was not identified as being made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.