Gran Tierra Energy (NYSE: GTE) CEO adds 546 shares through employee stock purchase plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gran Tierra Energy Inc.'s President and CEO Gary Guidry received a small share award through the company’s Employee Stock Purchase Plan. On June 16, 2026, he acquired 546 shares of common stock at a price of $7.64 per share in a compensation-related transaction exempt under Rule 16b-3. Following this grant, he directly holds 506,253 common shares.
Positive
- None.
Negative
- None.
Insights
CEO’s Form 4 shows a routine ESPP acquisition with minimal thesis impact.
Gran Tierra Energy’s President and CEO, Gary Guidry, acquired 546 common shares at $7.64 per share under the company’s Employee Stock Purchase Plan. The filing labels this as a grant or award acquisition, exempt under Rule 16b-3, indicating a standard compensation mechanism.
After the transaction, Guidry directly holds 506,253 common shares, so the new shares are a small addition to his existing position. As this is a plan-based, exempt transaction rather than an open-market trade, it carries limited informational value regarding his short-term view of the stock.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Guidry Gary
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 546 | $7.64 | $4K |
Holdings After Transaction:
Common Stock — 506,253 shares (Direct, null)
Footnotes (1)
- These shares were acquired on June 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). Purchase price of security was transacted in Canadian currency and converted to U.S. currency.
Key Figures
Shares acquired: 546 shares
Price per share: $7.64 per share
Holdings after transaction: 506,253 shares
3 metrics
Shares acquired
546 shares
Common Stock granted under Employee Stock Purchase Plan on June 16, 2026
Price per share
$7.64 per share
Acquisition price for ESPP shares, reported in U.S. dollars
Holdings after transaction
506,253 shares
Total common shares directly held by Gary Guidry after the ESPP acquisition
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 June 16, 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
What did GTE CEO Gary Guidry report in this Form 4 filing?
Gary Guidry reported acquiring 546 Gran Tierra Energy common shares through the Employee Stock Purchase Plan. The shares were obtained on June 16, 2026 as a compensation-related award, not an open-market trade, and are exempt under Rule 16b-3 transaction rules.
Was Gary Guidry’s GTE stock acquisition an open-market purchase?
No, the acquisition was through the Gran Tierra Energy Employee Stock Purchase Plan, not a market buy. Footnotes state the transaction is exempt under Rule 16b-3(d) and Rule 16b-3(c), indicating it is a plan-based, compensation-related acquisition rather than a discretionary trade.
Does this Gran Tierra Energy Form 4 indicate insider buying or selling pressure?
The Form 4 shows a small, plan-based share acquisition, not open-market buying or selling. Because the 546 shares came via an Employee Stock Purchase Plan and are exempt under Rule 16b-3, it primarily reflects ongoing compensation practices rather than a shift in insider trading sentiment.