Gran Tierra EVP acquires shares via ESPP plan
Gran Tierra Energy Inc. executive vice president Jim Evans reported a compensation-related share acquisition through the company’s Employee Stock Purchase Plan.
Rhea-AI Filing Summary
Gran Tierra Energy Inc. executive vice president Jim Evans reported a compensation-related share acquisition through the company’s Employee Stock Purchase Plan. On April 16, 2026, he acquired 176 shares of common stock at $7.78 per share, bringing his directly held stake to 48,690 shares. A separate line reflects 3,200 shares of common stock held indirectly by his spouse. The filing notes the plan transaction was exempt under Rule 16b-3(d) and Rule 16b-3(c) and that the purchase price was initially in Canadian dollars, then converted to U.S. currency.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 176 shares
Grant/Award
2 txns
Insider
Evans Jim
Role
EVP, Corporate Services
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 176 | $7.78 | $1K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 48,690 shares (Direct);
Common Stock — 3,200 shares (Indirect, By Spouse)
Footnotes (2)
- F1. These shares were acquired on April 16, 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).
- F2. Purchase price of security was transacted in Canadian currency and converted to U.S. currency.
Key Figures
Shares acquired: 176 shares
Acquisition price: $7.78 per share
Direct holdings after transaction: 48,690 shares
+3 more
6 metrics
Shares acquired
176 shares
Common stock acquired on April 16, 2026 via ESPP
Acquisition price
$7.78 per share
Price for 176 ESPP shares, converted from Canadian currency
Direct holdings after transaction
48,690 shares
Common stock directly owned by Jim Evans after ESPP acquisition
Indirect spouse holdings
3,200 shares
Common stock held indirectly by spouse as of April 16, 2026
Acquire transactions count
1 transaction
Single grant/award acquisition reported in transaction summary
Holding entries
1 entry
One indirect holding line for spouse in Form 4/A
Key Terms
Employee Stock Purchase Plan, Rule 16b-3(d), Rule 16b-3(c), indirect ownership, +1 more
5 terms
Employee Stock Purchase Plan financial
"These shares were acquired on April 16, 2026 through the Gran Tierra Inc. Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Rule 16b-3(d) regulatory
"in a transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c)"
Rule 16b-3(d) is a narrow SEC safe-harbor that shields company insiders (officers, directors and large shareholders) from liability for short‑swing profits when their buys or sells of company stock are made under a pre-established, written plan or contract that removes the insider’s ability to time trades. For investors, this matters because it permits predictable, automated insider transactions — like scheduled sales for diversification or payroll withholding — without triggering forced disgorgement, so such planned trades are treated differently from opportunistic insider trading.
Rule 16b-3(c) regulatory
"in a transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c)"
An SEC rule that lets corporate insiders avoid automatic "short‑swing" profit recovery when they buy or sell their company’s stock under a pre‑approved, written plan that meets specific conditions. For investors, it matters because it clarifies when insider trades are treated as routine, reducing legal uncertainty and helping distinguish trades made for ordinary compensation or pre‑planned reasons from those that might signal opportunistic or timely insider advantage.
indirect ownership financial
"total_shares_following_transaction": "3200.0000" ... "direct_or_indirect": "I""
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Gran Tierra Energy (GTE) EVP Jim Evans report?
Jim Evans reported a grant-type acquisition of Gran Tierra Energy common stock. On April 16, 2026, he acquired 176 shares through the company’s Employee Stock Purchase Plan, a compensation-related program, rather than making an open-market purchase or sale of shares.
How does the Form 4/A classify Jim Evans’ Gran Tierra (GTE) transaction?
The filing classifies the 176-share event as a non-derivative acquisition with transaction code “A”, described as a grant, award, or other acquisition. It also records a separate entry showing 3,200 shares as an indirect holding by his spouse.
AI-generated analysis. How Rhea-AI works. Not financial advice.
