Form 4: Gran Tierra Energy Director Exercises Stock Options and Disposes of Shares
SEC Form 4 Filing
Director Peter James Dey exercised stock options and disposed of shares of Gran Tierra Energy Inc. on March 28, 2025.
Summary
- On March 28, 2025, Peter James Dey, a director of Gran Tierra Energy Inc., exercised stock options to acquire 4,798 shares of common stock at a price of $5.13 per share.
- Simultaneously, Dey disposed of 4,798 shares at $5.13 per share.
- Following these transactions, Dey directly owns 2,000 shares of common stock.
- Dey also holds 18,524 stock options.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. 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 the market regarding the actions of company directors.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in beneficial ownership by a director.
Key Dates
| Date | Description |
|---|---|
| 03/28/2025 | Date of transaction: exercise of stock options and disposal of shares. |
| 03/31/2025 | Expiration date of stock options. |
| 04/01/2025 | Date of signature for the Form 4 filing. |
Keywords
Gran Tierra Energy, Director, Stock Options, Share Disposal, Form 4, GTE, Beneficial Ownership
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