[Form 4] GRAN TIERRA ENERGY INC. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gran Tierra Energy Inc. Chief Operating Officer Sebastien Morin reported a small share acquisition through the company’s Employee Stock Purchase Plan. On May 19, 2026, he acquired 488 shares of common stock at $9.31 per share. After this routine compensation-related transaction, he directly holds 34,518 common shares of Gran Tierra Energy.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Morin Sebastien
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 488 | $9.31 | $5K |
Holdings After Transaction:
Common Stock — 34,518 shares (Direct, null)
Footnotes (1)
- These shares were acquired on May 19, 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: 488 shares
Acquisition price: $9.31 per share
Post-transaction holdings: 34,518 shares
+1 more
4 metrics
Shares acquired
488 shares
Employee Stock Purchase Plan grant on May 19, 2026
Acquisition price
$9.31 per share
Price for 488 acquired common shares
Post-transaction holdings
34,518 shares
Common stock directly held by COO after transaction
Transaction date
May 19, 2026
Date of Employee Stock Purchase Plan acquisition
Key Terms
Employee Stock Purchase Plan, Rule 16b-3(d), Rule 16b-3(c), grant/award acquisition
4 terms
Employee Stock Purchase Plan financial
"These shares were acquired on May 19, 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 acquisition financial
"transaction_action: grant/award acquisition"