Form 4: Gran Tierra Energy Director Acquires Deferred Stock Units
SEC Form 4 Filing
Director Evan Hazell acquired 3,621 deferred stock units of Gran Tierra Energy Inc. on July 1, 2024.
Summary
- On July 1, 2024, Evan Hazell, a director of Gran Tierra Energy Inc., acquired 3,621 deferred stock units.
- These deferred stock units convert into common stock on a one-for-one basis.
- Each deferred stock unit represents a contingent right to receive one share of Gran Tierra Energy Inc. common stock.
- The deferred stock units vest in full when the reporting person ceases to be a member of the Board of Directors.
- Following the transaction, Hazell directly owns 126,521 deferred stock units.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, reflecting a standard transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the holdings and transactions of company directors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding director compensation and alignment of interests.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of transaction: Evan Hazell acquired 3,621 deferred stock units. |
| 07/03/2024 | Date of signature on the Form 4 filing. |
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