Gran Tierra Energy (NYSE: GTE) EVP adds stock via employee plan
Rhea-AI Filing Summary
Gran Tierra Energy Inc. executive vice president of corporate services Jim Evans acquired 187 shares of common stock on August 4, 2026 through the Gran Tierra Employee Stock Purchase Plan at $7.12 per share, a transaction exempt under Rules 16b-3(d) and 16b-3(c). After this acquisition, he directly holds 49,939 shares and reports indirect ownership of 3,200 shares through his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 187 shares
Net Buy
2 txns
Insider
Evans Jim
Role
EVP, Corporate Services
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 187 | $7.12 | $1K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 49,939 shares (Direct);
Common Stock — 3,200 shares (Indirect, By Spouse)
Footnotes (2)
- F1. These shares were acquired on August 4, 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: 187 shares
Purchase price per share: $7.12
Direct holdings after transaction: 49,939 shares
+1 more
4 metrics
Shares acquired
187 shares
Common Stock acquired on August 4, 2026 through the Employee Stock Purchase Plan
Purchase price per share
$7.12
Per-share price in U.S. dollars after currency conversion for the August 4, 2026 acquisition
Direct holdings after transaction
49,939 shares
Common Stock directly held by Jim Evans following the August 4, 2026 acquisition
Indirect holdings by spouse
3,200 shares
Common Stock reported as indirectly owned with nature of ownership "By Spouse"
Key Terms
Employee Stock Purchase Plan, Rule 16b-3(d), Rule 16b-3(c)
3 terms
Employee Stock Purchase Plan financial
"acquired on August 4, 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
"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
"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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Jim Evans report for Gran Tierra Energy (GTE)?
Jim Evans reported acquiring 187 shares of Gran Tierra Energy common stock on August 4, 2026. The shares were obtained through the Gran Tierra Employee Stock Purchase Plan in a transaction exempt under Rule 16b-3(d) and Rule 16b-3(c).
What are Jim Evans’ direct and indirect Gran Tierra Energy (GTE) holdings after the transaction?
After the reported acquisition, Jim Evans directly holds 49,939 shares of Gran Tierra Energy common stock. He also reports 3,200 shares as indirectly owned, with the nature of this ownership described as "By Spouse".
How was the purchase price determined in Jim Evans’ Gran Tierra Energy (GTE) transaction?
The purchase price for the 187 Gran Tierra Energy shares was paid in Canadian currency and then converted to U.S. dollars. The reported per-share price after conversion is $7.12, as stated in the transaction details and related footnote.