Gran Tierra (NYSE: GTE) CEO adds 652 shares through Employee Stock Purchase Plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gran Tierra Energy Inc. president and CEO Gary Guidry acquired 652 shares of common stock on July 2, 2026 through the Gran Tierra Inc. Employee Stock Purchase Plan. The shares were valued at $6.30 each in U.S. currency after conversion from Canadian dollars, and he now directly holds 506,905 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 | 652 | $6.30 | $4K |
Holdings After Transaction:
Common Stock — 506,905 shares (Direct, null)
Footnotes (1)
- These shares were acquired on July 2, 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: 652 shares
Acquisition price: $6.30 per share
Post-transaction holdings: 506,905 shares
+1 more
4 metrics
Shares acquired
652 shares
Common Stock acquired on July 2, 2026
Acquisition price
$6.30 per share
Price for Employee Stock Purchase Plan acquisition
Post-transaction holdings
506,905 shares
Total common shares directly owned after transaction
Transaction code
A
Grant, award, or other acquisition of non-derivative security
Key Terms
Employee Stock Purchase Plan, Rule 16b-3(d), Rule 16b-3(c), Grant, award, or other acquisition
4 terms
Employee Stock Purchase Plan financial
"These shares were acquired on July 2, 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.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Gran Tierra Energy (GTE) report for Gary Guidry?
Gran Tierra Energy reported that CEO Gary Guidry acquired 652 shares of common stock on July 2, 2026. The shares were obtained through the company’s Employee Stock Purchase Plan and are now part of his direct ownership stake of 506,905 shares.