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Gran Tierra (GTE) CFO cash-settles 130,500 performance units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  1. [object Object]
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
performance share units financial
"Represents the vesting and cash settlement of performance share units."
Performance share units are a type of company stock award given to employees that depend on the company meeting specific goals or targets. If these goals are achieved, the employee receives shares or the value of shares; if not, they may receive little or no compensation. This aligns employees’ interests with the company's success and encourages performance that benefits investors.
Disposition to issuer financial
"transaction_code_description": "Disposition to issuer""
indirect ownership financial
""direct_or_indirect": "I", "nature_of_ownership": "By Spouse""
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Ellson Ryan

(Last)(First)(Middle)
C/O GRAN TIERRA ENERGY INC.
500 CENTRE STREET SE

(Street)
CALGARYT2G 1A6

(City)(State)(Zip)

ALBERTA, CANADA

(Country)
2. Issuer Name and Ticker or Trading Symbol
GRAN TIERRA ENERGY INC. [ GTE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/07/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)
04/09/2026
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock04/07/2026M(1)130,500A$0.00210,863D
Common Stock04/07/2026D(1)130,500D$4.0777,363D
Common Stock3,000IBy Spouse
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents the vesting and cash settlement of performance share units. No shares were issued or sold.
/s/ Phillip Abraham, Attorney-In Fact04/14/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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.

Did Gran Tierra Energy (GTE) CFO Ryan Ellson buy or sell shares in this filing?

The filing does not show an open-market buy or sell by Ryan Ellson. Instead, 130,500 performance share units vested and were cash settled, with a corresponding disposition to the issuer, meaning no new shares were issued or sold into the market.

How many performance share units vested for Gran Tierra Energy (GTE) CFO Ryan Ellson?

A total of 130,500 performance share units vested for CFO Ryan Ellson. These units were cash settled according to the footnote, which states that no shares were issued or sold, and an equivalent number of shares were shown as disposed to the issuer.

What are Ryan Ellson’s reported Gran Tierra Energy (GTE) share holdings after this Form 4/A?

After the reported transactions, Ryan Ellson holds 77,363 Gran Tierra common shares directly. The filing also shows 3,000 additional common shares held indirectly by his spouse, giving readers a clearer view of his reported equity exposure.

Was the Gran Tierra Energy (GTE) CFO transaction a market trade affecting share float?

The transaction is described as vesting and cash settlement of performance share units, with no shares issued or sold. The corresponding 130,500-share disposition to the issuer reflects cancellation tied to the cash settlement, not a trade in the open market.

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.