Form 4: Gran Tierra Energy Director Acquires Deferred Stock Units
SEC Form 4 Filing
Director Brooke N. Wade acquired 7,800 deferred stock units in Gran Tierra Energy Inc. on October 1, 2024.
Summary
- On October 1, 2024, Brooke N. Wade, a director of Gran Tierra Energy Inc., acquired 7,800 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, Wade directly owns 166,343 deferred stock units.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a transaction. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The deferred stock units vest in full at such time as the reporting person ceases to be a member of the Board of Directors of the Issuer.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common occurrence in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of transaction: Brooke N. Wade acquired 7,800 deferred stock units. |
| 10/18/2024 | Date of signature for the Form 4 filing. |
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