Form 4: Gran Tierra Energy Director Wade Brooke N. Reports Acquisition of Deferred Stock Units
SEC Form 4 Filing
Director Wade Brooke N. reports acquiring 28,227 deferred stock units of Gran Tierra Energy Inc. on January 1, 2025.
Summary
- On January 1, 2025, Wade Brooke N., a director of Gran Tierra Energy Inc., reported acquiring 28,227 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 Brooke N. directly owns 194,570 deferred stock units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The acquisition of deferred stock units by a director signals confidence in the company's future performance to stakeholders.
Key Dates
| Date | Description |
|---|---|
| 01/01/2025 | Date of transaction: Acquisition of deferred stock units. |
| 01/03/2025 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.