Gran Tierra Energy CEO Shows Confidence with Latest Stock Purchase
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Form 4 Filing Details: Gary Guidry, President, CEO, and Director of Gran Tierra Energy (GTE), reported acquiring 703 shares of common stock at $6.11 per share on June 17, 2025, through the company's Employee Stock Purchase Plan.
The transaction was exempt under Rules 16b-3(d) and 16b-3(c). Following this acquisition, Guidry's direct beneficial ownership increased to 486,775 shares. The purchase price was originally in Canadian currency and converted to USD for reporting purposes.
Key Points:
- Transaction was executed under the Employee Stock Purchase Plan
- Purchase represents an insider accumulation of shares
- Filing was signed by Phillip Abraham as Attorney-In-Fact on June 20, 2025
- No derivative securities were involved in this transaction
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Guidry Gary
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 703 | $6.11 | $4K |
Holdings After Transaction:
Common Stock — 486,775 shares (Direct)
Footnotes (1)
- These shares were acquired on June 17, 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). Purchase price of security was transacted in Canadian currency and converted to U.S. currency.
FAQ
What positions does Gary Guidry hold at Gran Tierra Energy (GTE)?
According to the Form 4 filing, Gary Guidry serves as both a Director and Officer (specifically President and CEO) of Gran Tierra Energy Inc.
Was GTE CEO's June 2025 stock purchase part of a planned transaction?
Yes, the shares were acquired 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), indicating it was a planned employee stock purchase program transaction.