Form 4: Gran Tierra Energy Director Peter James Dey Acquires Deferred Stock Units

Director Peter James Dey acquired 3,523 deferred stock units of Gran Tierra Energy Inc. on April 1, 2024.

Summary

• Peter James Dey, a director of Gran Tierra Energy Inc., acquired 3,523 deferred stock units on April 1, 2024.
• 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 in full when Dey ceases to be a member of the Board of Directors.
• Following the transaction, Dey directly owns 130,808 deferred stock units.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine filing indicating a director's acquisition of deferred stock units, which is generally a positive sign but doesn't provide significant insight into the company's overall performance.

Positives

• The acquisition of deferred stock units by a director signals confidence in the company's future performance.

Future Outlook

The deferred stock units vest when the reporting person ceases to be a member of the Board of Directors of the Issuer.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Stakeholder Impact

• The acquisition of deferred stock units by a director can positively influence shareholder sentiment.

Key Dates