Form 4: Gran Tierra Energy Inc. Director Alison Redford Acquires Deferred Stock Units

Director Alison Redford acquired 3,626 deferred stock units of Gran Tierra Energy Inc. on July 1, 2024, convertible to common stock upon ceasing to be a board member.

Summary

• On July 1, 2024, Alison Redford, a director of Gran Tierra Energy Inc., acquired 3,626 deferred stock units.
• These deferred stock units are convertible 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 Redford ceases to be a member of the Board of Directors.
• Following the transaction, Redford directly owns 44,976 deferred stock units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, indicating a routine transaction. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The deferred stock units will vest in full 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 for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The acquisition of deferred stock units by a director aligns their interests with those of the shareholders.

Key Dates