4/A: Gran Tierra Energy CFO Ryan Ellson Reports Amended Transaction: Performance Stock Units Settled in Cash
SEC Form 4/A (Amendment)
Ryan Ellson, CFO of Gran Tierra Energy, files an amended Form 4 detailing the cash settlement of performance stock units and a transaction involving common stock.
Summary
- Ryan Ellson, the Chief Financial Officer of Gran Tierra Energy Inc., filed an amended Form 4 with the SEC.
- The amendment reflects the company's decision to settle vested performance stock units for cash instead of common stock.
- On March 14, 2025, 110,385 performance stock units vested and were settled in cash.
- Ellson also reported the disposition of 110,385 shares of common stock at a price of $6.79.
- Following the reported transactions, Ellson directly owns 97,258 shares of common stock and indirectly owns 3,000 shares through a spouse.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates changes in the CFO's holdings of Gran Tierra Energy securities.
Stakeholder Impact
- Shareholders are informed about the CFO's transactions in company stock and the company's decision to settle performance stock units in cash.
Key Dates
| Date | Description |
|---|---|
| 03/14/2025 | Date of transaction involving performance stock units and common stock. |
| 03/18/2025 | Date of original filing (amended on 04/04/2025). |
| 04/04/2025 | Date of amendment filing. |
Keywords
Form 4, Gran Tierra Energy, Ryan Ellson, Performance Stock Units, Cash Settlement, Beneficial Ownership, GTE, SEC Filing
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