Director/PDMR Shareholding
Gran Tierra Energy Inc. announced the grant of Performance Stock Units and Restricted Stock Units to its directors and persons discharging managerial responsibilities, effective March 6, 2026. A total of 1,266,547 Performance Stock Units were granted with a price of USD 0.00, and 316,638 Restricted Stock Units were also granted at a price of USD 0.00. These awards vest over three years, with Performance Stock Units vesting in full after three years and Restricted Stock Units vesting annually.
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The Company announces the following transactions in Performance Stock Units and Restricted Stock Units undertaken by directors / persons discharging managerial responsibility ("PDMRs").
Performance Stock Units ("PSUs") and Restricted Stock Units ("RSUs") have been granted to certain PDMRs effective March 6, 2026. The PSUs entitle the holder to receive, at the option of the Company, either the underlying number of shares of the Company's common stock upon vesting of such units or a cash payment equal to the value of the underlying shares. The PSUs granted on March 6, 2026 vest after three years, subject to the continued employment of the grantee. Each RSU represents a contingent right to receive one share of Gran Tierra Energy Inc. common stock. RSUs will vest annually in equal increments over a three-year period. Vested shares will be delivered to the reporting person upon vesting.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Gary Guidry, President and Chief Executive Officer Ryan Ellson, Executive Vice President and Chief Financial Officer Sebastien Morin, Chief Operating Officer Jim Evans, Executive Vice President, Corporate Services Phillip Abraham, Executive Vice President, Legal and Land |
| 2 | Reason for the notification | |
| a) | Position/status | See 1 a) above |
| b) | Initial notification /Amendment | Initial notification |
| a) | Name | Gran Tierra Energy Inc. |
| b) | LEI | 549300IH2S17MAIUCM32 |
| a) | Description of the financial instrument, type of instrument | Performance Stock Units Each Performance Stock Unit represents a contingent right to receive one share of Gran Tierra Energy Inc. common stock. |
| Identification code | n/a | |
| b) | Nature of the transaction | Grant of Performance Stock Units |
| c) | Price(s) and volume(s) | PDMR Price(s) Volume (s) Gary Guidry Ryan Ellson Sebastien Morin Jim Evans Phillip Abraham n/a n/a n/a n/a n/a 400,716 250,447 250,447 193,202 171,735 |
| d) | Aggregated information - Aggregated volume - Price | Price(s) Volume (s) USD 0.00 1,266,547 |
| e) | Date of the transaction | 6 March 2026 |
| f) | Place of the transaction | Outside a trading venue |
| a) | Description of the financial instrument, type of instrument | Restricted Stock Units Each restricted stock unit represents a contingent right to receive one share of Gran Tierra Energy Inc. common stock upon vesting. The restricted stock units vest in three equal annual installments beginning on March 06, 2027. |
| Identification code | n/a | |
| b) | Nature of the transaction | Grant of Restricted Stock Units |
| c) | Price(s) and volume(s) | PDMR Price(s) Volume (s) Gary Guidry Ryan Ellson Sebastien Morin Jim Evans Phillip Abraham n/a n/a n/a n/a n/a 100,179 62,612 62,612 48,301 42,934 |
| d) | Aggregated information - Aggregated volume - Price | Price(s) Volume (s) USD 0.00 316,638 |
| e) | Date of the transaction | 6 March 2026 |
| f) | Place of the transaction | Outside a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.