Gran Tierra Energy (NYSE: GTE) EVP adds 285 shares through employee stock purchase plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gran Tierra Energy Inc. executive acquires shares through employee plan. EVP, Legal and Land, Abraham Phillip D received 285 shares of common stock on March 17, 2026 at a price of $8.56 per share through the Gran Tierra Inc. Employee Stock Purchase Plan, a compensation-related acquisition exempt under Rules 16b-3(d) and 16b-3(c). Following this grant, he directly holds 41,442 common shares, indicating a small, routine increase in his ownership. The purchase price was originally in Canadian currency and converted to U.S. dollars.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Abraham Phillip D
Role
EVP, Legal and Land
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 285 | $8.56 | $2K |
Holdings After Transaction:
Common Stock — 41,442 shares (Direct)
Footnotes (1)
- These shares were acquired on March 17, 2026 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). Purchase price of security was transacted in Canadian currency and converted to U.S. currency.
FAQ
What insider transaction did Gran Tierra Energy (GTE) report for Abraham Phillip D?
Gran Tierra Energy reported that EVP, Legal and Land, Abraham Phillip D acquired 285 common shares on March 17, 2026. The shares were obtained through the Gran Tierra Inc. Employee Stock Purchase Plan as a compensation-related transaction exempt under Rules 16b-3(d) and 16b-3(c).
What regulatory exemptions apply to this Gran Tierra Energy (GTE) insider transaction?
The filing states the shares were acquired through the Gran Tierra Inc. Employee Stock Purchase Plan in a transaction exempt under Rule 16b-3(d) and Rule 16b-3(c). These provisions typically cover board-approved, compensation-related transactions for insiders rather than discretionary open-market trades.
Did Gran Tierra Energy (GTE) report any derivative securities in this Form 4 filing?
No derivative securities are listed in this Form 4. The transaction involves only non-derivative common stock, and the derivative securities summary section is empty, indicating there were no option exercises, warrant conversions, or other derivative-related activities reported in this particular filing.