Form 4: Gran Tierra Energy Director Acquires Deferred Stock Units

Director Peter James Dey acquired 3,687 deferred stock units in Gran Tierra Energy Inc. on October 1, 2024.

Summary

• On October 1, 2024, Peter James Dey, a director of Gran Tierra Energy Inc., acquired 3,687 deferred stock units.
• These deferred stock units convert into common stock on a one-for-one basis.
• Each unit represents a contingent right to receive one share of Gran Tierra Energy Inc. common stock.
• The deferred stock units vest fully when the reporting person ceases to be a member of the Board of Directors.
• Following the transaction, Mr. Dey directly owns 136,971 deferred stock units.
• The transaction was reported on October 18, 2024.

Sentiment

Score: 5

Explanation: This is a routine disclosure of a transaction by a company insider, neither particularly positive nor negative.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The acquisition of deferred stock units by a director aligns their interests with those of the shareholders.

Key Dates