Gran Tierra Energy EVP acquires 206 shares
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Form Type
4
Rhea-AI Filing Summary
Jim Evans, EVP Corporate Services of Gran Tierra Energy, acquired 206 shares of common stock on July 16, 2026 through the Gran Tierra Inc. Employee Stock Purchase Plan at $6.48 per share, with the price converted from Canadian to U.S. currency and exempt under Rule 16b-3(d) and 16b-3(c).
After this plan acquisition, he directly holds 49,752 shares of common stock and has an additional 3,200 shares reported as indirect ownership by his spouse.
Insider Trade Summary
Grant/Award: 206 shares
Grant/Award
2 txns
Insider
Evans Jim
Role
EVP, Corporate Services
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 206 | $6.48 | $1K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 49,752 shares (Direct);
Common Stock — 3,200 shares (Indirect, By Spouse)
Footnotes (2)
- F1. These shares were acquired on July 16, 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: 206 shares
Purchase price per share: $6.48 per share
Direct holdings after transaction: 49,752 shares
+1 more
4 metrics
Shares acquired
206 shares
Common Stock acquired on July 16, 2026 via Employee Stock Purchase Plan
Purchase price per share
$6.48 per share
ESPP acquisition price, converted from Canadian to U.S. currency
Direct holdings after transaction
49,752 shares
Direct Common Stock ownership following the July 16, 2026 acquisition
Indirect holdings by spouse
3,200 shares
Indirect Common Stock ownership reported as held "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
"acquired ... 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.
indirect ownership financial
"3,200 shares reported as indirect ownership by his spouse"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Jim Evans report for GTE?
Jim Evans reported acquiring 206 shares of Gran Tierra Energy common stock on July 16, 2026 through the company’s Employee Stock Purchase Plan at $6.48 per share, with the purchase price converted from Canadian to U.S. currency and treated as exempt under Rule 16b-3.
What type of Form 4 code describes Jim Evans’ GTE transaction?
The acquisition of 206 Gran Tierra Energy shares is coded as “A”, described as a grant, award, or other acquisition. It is tied to participation in the Employee Stock Purchase Plan and is not categorized as a standard open-market purchase or sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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