Gran Tierra (GTE) CFO cash-settles 130,500 performance units
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Gran Tierra Energy Inc.’s Chief Financial Officer Ryan Ellson reported a compensation-related equity event. On April 7, 2026, 130,500 performance share units vested and were cash settled; according to the footnote, no shares were issued or sold as a result.
The Form 4/A shows an equivalent 130,500-share disposition to the issuer at $4.07 per share, reflecting the cash settlement and cancellation rather than an open-market trade. After these entries, Ellson directly holds 77,363 common shares, and his spouse holds 3,000 shares indirectly.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Ellson Ryan
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock | 130,500 | $0.00 | -- |
| Disposition | Common Stock | 130,500 | $4.07 | $531K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 210,863 shares (Direct);
Common Stock — 3,000 shares (Indirect, By Spouse)
Footnotes (1)
- [object Object]
Key Figures
Vested performance share units: 130,500 units
Disposition reference price: $4.07 per share
Direct holdings after transaction: 77,363 shares
+1 more
4 metrics
Vested performance share units
130,500 units
Vesting and cash settlement on April 7, 2026
Disposition reference price
$4.07 per share
Value used for 130,500-share disposition to issuer
Direct holdings after transaction
77,363 shares
Common stock directly owned by CFO after Form 4/A
Indirect holdings by spouse
3,000 shares
Common stock held indirectly through spouse
Key Terms
performance share units, Disposition to issuer, indirect ownership
3 terms
Disposition to issuer financial
"transaction_code_description": "Disposition to issuer""
indirect ownership financial
""direct_or_indirect": "I", "nature_of_ownership": "By Spouse""
FAQ
What did the Gran Tierra Energy (GTE) Form 4/A for Ryan Ellson report?
The Form 4/A reports that CFO Ryan Ellson had 130,500 performance share units vest and be cash settled. A matching 130,500-share disposition to the issuer reflects cancellation tied to this settlement, not an open-market transaction, and updates his reported share holdings.
How is the $4.07 price used in the Gran Tierra Energy (GTE) Form 4/A?
The Form 4/A lists a $4.07 per share value for the 130,500-share disposition to the issuer. This price helps quantify the cash settlement of the vested performance share units, even though no actual market purchase or sale of shares occurred.