Form 4: Gran Tierra Energy Inc. Director Alison Redford Reports Acquisition of Deferred Stock Units

Director Alison Redford reports acquiring 5,400 deferred stock units of Gran Tierra Energy Inc. on October 1, 2024.

Summary

• Alison Redford, a director of Gran Tierra Energy Inc., filed a Form 4 on October 18, 2024, reporting a transaction.
• On October 1, 2024, Redford acquired 5,400 deferred stock units (DSUs) that convert into common stock on a one-for-one basis.
• These DSUs represent a contingent right to receive one share of Gran Tierra Energy Inc. common stock each.
• The DSUs vest in full when Redford ceases to be a member of the Board of Directors.
• Following the reported transaction, Redford beneficially owns 50,376 DSUs directly.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a routine transaction. It doesn't indicate positive or negative sentiment about the company's performance.

Future Outlook

The deferred stock units will convert into common stock when the director leaves the board.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like directors and officers, trade in their company's securities, providing transparency to investors.

Key Dates