Gran Tierra (GTE) EVP reports 76,162 cash-settled PSUs, no share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GRAN TIERRA ENERGY INC. executive vice president of corporate services Jim Evans reported the vesting and cash settlement of 76,162 performance share units on April 7, 2026. According to the footnote, no shares were issued or sold in connection with this event. After these entries, he holds 48,514 common shares directly and 3,200 common shares indirectly through his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Evans Jim
Role
EVP, Corporate Services
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock | 76,162 | $0.00 | -- |
| Disposition | Common Stock | 76,162 | $5.59 | $426K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 124,686 shares (Direct);
Common Stock — 3,200 shares (Indirect, By Spouse)
Footnotes (1)
- [object Object]
Key Figures
Performance share units vested: 76,162 units
Disposition reference price: $5.59 per share
Direct common shares after entries: 48,514 shares
+1 more
4 metrics
Performance share units vested
76,162 units
Vesting and cash settlement on April 7, 2026
Disposition reference price
$5.59 per share
Value shown for 76,162-share disposition to issuer
Direct common shares after entries
48,514 shares
Direct holdings following April 7, 2026 transactions
Indirect common shares by spouse
3,200 shares
Indirect ownership reported as By Spouse
Key Terms
performance share units, Disposition to issuer, indirect ownership, Exercise or conversion of derivative security
4 terms
Disposition to issuer financial
"transaction_code_description": "Disposition to issuer""
indirect ownership financial
""direct_or_indirect": "I", "nature_of_ownership": "By Spouse""
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
FAQ
What did Gran Tierra Energy (GTE) EVP Jim Evans report on this Form 4?
Jim Evans reported the vesting and cash settlement of 76,162 performance share units on April 7, 2026. A footnote clarifies that no shares were issued or sold, indicating a cash-settled compensation event rather than a market trade.
What is the significance of the $5.59 price in Jim Evans’ Gran Tierra (GTE) Form 4?
One entry shows a $5.59 per-share value tied to a disposition to the issuer for 76,162 shares. However, the footnote explicitly states that the performance share units were cash settled and that no shares were issued or sold.