[Form 4] GRAN TIERRA ENERGY INC. Insider Trading Activity

Rhea-AI Filing Summary

Gran Tierra Energy (GTE) insider purchase disclosure: The company's Chief Operating Officer, Sebastien Morin, acquired 761 shares of Gran Tierra common stock on 09/16/2025 through the company Employee Stock Purchase Plan. The purchase was reported on a Form 4 filed 09/17/2025 and was treated as exempt under Rule 16b-3(c) and 16b-3(d). The reported per-share purchase price was CAD $3.98 and was converted to U.S. dollars for reporting. After the transaction, Mr. Morin beneficially owned 25,425 shares. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person.

Insights

Financial Analyst

TL;DR: A routine ESPP purchase by the COO increased his stake modestly; transaction appears immaterial to valuation.

The Form 4 shows a purchase of 761 shares via the Employee Stock Purchase Plan at CAD $3.98 per share, exempt under Rule 16b-3 provisions. This is an employee-plan acquisition, not a market buyback or open-market insider purchase, and the post-transaction holding is 25,425 shares. The size of the purchase is small relative to typical market caps for public energy companies, suggesting limited direct impact on share supply or valuation. Disclosure is timely and properly executed by attorney-in-fact.

Corporate Governance Expert

TL;DR: Filing is routine, compliant, and indicates participation in company ESPP by an executive.

The report identifies Sebastien Morin as Chief Operating Officer and a director-level reporting person who participated in the Employee Stock Purchase Plan on 09/16/2025. The transaction was filed on a Form 4 and marked as exempt under Rule 16b-3(c) and (d), consistent with purchases under company plans. The signature by an attorney-in-fact is permitted; the filing includes required details: transaction date, amount, price (in CAD converted to USD), and resulting beneficial ownership. No governance irregularities are evident from this filing alone.

SEC Form 4

FORM 4

UNITED 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
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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^*

Morin Sebastien

(Last) (First) (Middle)

C/O GRAN TIERRA ENERGY INC.

500 CENTRE STREET SE

(Street)

CALGARY A0 T2G 1A6

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
GRAN TIERRA ENERGY INC. [ GTE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Operating Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/16/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/16/2025		A(1)		761	A	$3.98(2)	25,425	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These shares were acquired on September 16, 2025 through the Gran Tierra Inc. Employee Stock Purchase Plan in a transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c).

2. Purchase price of security was transacted in Canadian currency and converted to U.S. currency.

	/s/ Phillip Abraham, Attorney-In Fact	09/17/2025
	** Signature of Reporting Person	Date
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).
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