GTE insider buys 955 shares via ESPP; now holds 494,582
Gran Tierra Energy (GTE) disclosed an insider share acquisition by its President and CEO, who also serves as a director.
Rhea-AI Filing Summary
Gran Tierra Energy (GTE) disclosed an insider share acquisition by its President and CEO, who also serves as a director. On 10/16/2025, the insider acquired 955 shares of common stock through the company’s Employee Stock Purchase Plan, a transaction exempt under Rule 16b-3(d) and Rule 16b-3(c). The reported purchase price was $4.34 per share, converted from Canadian currency.
Following this transaction, the insider directly beneficially owns 494,582 shares of GTE common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 955 shares
Grant/Award
1 txn
Insider
Guidry Gary
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 955 | $4.34 | $4K |
Holdings After Transaction:
Common Stock — 494,582 shares (Direct)
Footnotes (2)
- F1. These shares were acquired on October 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).
- F2. Purchase price of security was transacted in Canadian currency and converted to U.S. currency.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did GTE disclose in this Form 4?
An insider who is the President, CEO, and a director acquired 955 shares of common stock via the Employee Stock Purchase Plan on 10/16/2025.
What mechanism was used for the purchase?
Shares were acquired through the Employee Stock Purchase Plan.
Was the transaction exempt under SEC rules?
Yes. It was exempt under Rule 16b-3(d) and Rule 16b-3(c).
Was this transaction under a Rule 10b5-1 plan?
The excerpt does not indicate a checked 10b5-1(c) box; the filing notes the ESPP purchase and 16b-3 exemptions.
AI-generated analysis. How Rhea-AI works. Not financial advice.