Form 4: Gran Tierra Energy Director Ronald Royal Acquires Deferred Stock Units

Director Ronald Royal acquired 6,101 deferred stock units of Gran Tierra Energy Inc. on October 1, 2024.

Summary

• On October 1, 2024, Ronald Royal, a director of Gran Tierra Energy Inc., acquired 6,101 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, Royal directly owns 159,970 deferred stock units.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing a routine transaction. There is no inherent positive or negative sentiment associated with the information presented.

Industry Context

This filing is a routine disclosure related to insider transactions, specifically the acquisition of deferred stock units by a director, which is a common form of executive compensation in the energy industry.

Stakeholder Impact

• The acquisition of deferred stock units by a director aligns the director's interests with those of the shareholders, potentially incentivizing decisions that increase shareholder value.

Key Dates