Gran Tierra EVP acquires 138 shares via stock plan
Gran Tierra Energy EVP Corporate Services Jim Evans reported a small share acquisition under a company stock plan.
Rhea-AI Filing Summary
Gran Tierra Energy EVP Corporate Services Jim Evans reported a small share acquisition under a company stock plan. On April 1, 2026, he acquired 138 shares of common stock at $9.78 per share through the Gran Tierra Inc. Employee Stock Purchase Plan in a transaction exempt under Rule 16b-3(d) and Rule 16b-3(c). Following this award, he holds 48,514 shares directly, and a separate line shows 3,200 shares held indirectly by his spouse. The purchase price was paid in Canadian currency and converted to U.S. dollars.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 138 shares
Grant/Award
2 txns
Insider
Evans Jim
Role
EVP, Corporate Services
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 138 | $9.78 | $1K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 48,514 shares (Direct);
Common Stock — 3,200 shares (Indirect, By Spouse)
Footnotes (2)
- F1. 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).
- F2. Purchase price of security was transacted in Canadian currency and converted to U.S. currency.
Key Figures
Shares acquired: 138 shares
Acquisition price: $9.78 per share
Direct holdings after transaction: 48,514 shares
+1 more
4 metrics
Shares acquired
138 shares
Common Stock acquired on April 1, 2026 under Employee Stock Purchase Plan
Acquisition price
$9.78 per share
Price for Employee Stock Purchase Plan acquisition, converted from Canadian currency
Direct holdings after transaction
48,514 shares
Common Stock directly owned by Jim Evans following April 1, 2026 acquisition
Indirect spouse holdings
3,200 shares
Common Stock held indirectly, nature of ownership listed as By Spouse
Key Terms
Employee Stock Purchase Plan, Rule 16b-3(d), Rule 16b-3(c), indirect ownership
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(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.
indirect ownership financial
"total_shares_following_transaction": "3200.0000", "direct_or_indirect": "I", "nature_of_ownership": "By Spouse""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Gran Tierra Energy (GTE) report for Jim Evans?
Gran Tierra Energy reported that EVP Corporate Services Jim Evans acquired 138 common shares on April 1, 2026 through the company’s Employee Stock Purchase Plan, a routine compensation-related transaction exempt under Rule 16b-3(d) and Rule 16b-3(c).
What is the nature of the indirect Gran Tierra Energy (GTE) holdings reported for Jim Evans?
The Form 4 lists 3,200 Gran Tierra Energy common shares as indirectly owned by Jim Evans, with the nature of ownership described as “By Spouse.” This indicates those shares are held in his spouse’s name rather than directly by him.
AI-generated analysis. How Rhea-AI works. Not financial advice.
