Gran Tierra (GTE) CEO adds 430 ESPP shares, holdings reach 503,696
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gran Tierra Energy Inc. President and CEO Gary Guidry acquired additional company stock through an employee plan. On April 1, 2026, he obtained 430 shares of common stock at a price of $9.78 per share via the Gran Tierra Inc. Employee Stock Purchase Plan, in a transaction exempt under Rule 16b-3(d) and Rule 16b-3(c). After this acquisition, he directly holds 503,696 common shares.
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 | 430 | $9.78 | $4K |
Holdings After Transaction:
Common Stock — 503,696 shares (Direct)
Footnotes (1)
- These shares were acquired on April 1, 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.
Key Figures
Shares acquired: 430 shares
Acquisition price: $9.78 per share
Total holdings after transaction: 503,696 shares
+1 more
4 metrics
Shares acquired
430 shares
Common stock acquired on April 1, 2026 via ESPP
Acquisition price
$9.78 per share
Price for 430 common shares acquired April 1, 2026
Total holdings after transaction
503,696 shares
Directly held Gran Tierra common shares after acquisition
Transaction code
Code A (grant/award or other acquisition)
Non-derivative common stock transaction classification
Key Terms
Employee Stock Purchase Plan, Rule 16b-3(d), Rule 16b-3(c), Form 4
4 terms
Employee Stock Purchase Plan financial
"These shares were acquired on April 1, 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(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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.