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

Director Peter James Dey acquired 2,476 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, Peter James Dey, a director of Gran Tierra Energy Inc., acquired 2,476 deferred stock units.
• These deferred stock units are convertible into common stock on a one-for-one basis.
• The acquisition did not involve any payment, with the price per unit listed as $0.
• Following the transaction, Dey directly owns 133,284 shares.
• The deferred stock units vest in full when Dey ceases to be a member of the Board of Directors.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The acquisition of deferred stock units by a director can be seen as a sign of confidence in the company, but it's a routine transaction.

Positives

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

Future Outlook

The deferred stock units will convert to common stock 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 may have a slightly positive impact on shareholder sentiment.

Key Dates