Gran Tierra EVP buys 135 shares at $10.03
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Gran Tierra Energy Inc. (GTE) reports that executive vice president of corporate services Jim Evans acquired 135 shares of common stock on September 3, 2026 through the Gran Tierra Inc. Employee Stock Purchase Plan at a price of $10.03 per share, stated in U.S. dollars after conversion from Canadian currency. Following this award, he holds 50,216 shares directly and 3,200 shares indirectly through his spouse. No Rule 10b5-1 trading plan is reported for this transaction.
Insider Trade Summary
Grant/Award: 135 shares
Grant/Award
2 txns
Insider
Evans Jim
Role
EVP, Corporate Services
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 135 | $10.03 | $1K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 50,216 shares (Direct);
Common Stock — 3,200 shares (Indirect, By Spouse)
Footnotes (2)
- F1. These shares were acquired on September 3, 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: 135 shares
Acquisition price: $10.03 per share
Direct holdings after transaction: 50,216 shares
+1 more
4 metrics
Shares acquired
135 shares
Common stock acquired on September 3, 2026 through the employee stock purchase plan
Acquisition price
$10.03 per share
Price for the September 3, 2026 acquisition, stated in U.S. dollars after conversion from Canadian currency
Direct holdings after transaction
50,216 shares
Direct ownership of Gran Tierra Energy common stock after the September 3, 2026 acquisition
Indirect holdings after transaction
3,200 shares
Indirect ownership of Gran Tierra Energy common stock held by spouse after the reported transactions
Key Terms
Employee Stock Purchase Plan, Rule 16b-3(d), Rule 16b-3(c)
3 terms
Employee Stock Purchase Plan financial
"These shares were acquired on September 3, 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GTE executive Jim Evans report on September 3, 2026?
He acquired 135 shares of Gran Tierra Energy common stock on September 3, 2026 through the Gran Tierra Inc. Employee Stock Purchase Plan at $10.03 per share, with the price disclosed in U.S. dollars after conversion from Canadian currency.
Was the GTE insider transaction by Jim Evans part of a Rule 10b5-1 plan?
No. The filing indicates that no Rule 10b5-1 trading plan is reported for the September 3, 2026 acquisition of Gran Tierra Energy common stock by Jim Evans.
AI-generated analysis. How Rhea-AI works. Not financial advice.
