Gran Tierra (GTE) COO acquires 544 shares via employee stock plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gran Tierra Energy Inc. Chief Operating Officer Sebastien Morin reported an acquisition of company shares through an employee plan. On February 17, 2026, he acquired 544 shares of common stock at $5.61 per share under the Gran Tierra Inc. Employee Stock Purchase Plan, a transaction exempt under Rule 16b-3(d) and Rule 16b-3(c). Following this award, his directly owned holdings increased to 32,177 common shares. The purchase price was originally in Canadian dollars and converted into U.S. currency for reporting.
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 | 544 | $5.61 | $3K |
Holdings After Transaction:
Common Stock — 32,177 shares (Direct)
Footnotes (1)
- These shares were acquired on February 17, 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.
FAQ
What insider transaction did Gran Tierra Energy (GTE) report for Sebastien Morin?
Gran Tierra Energy reported that Chief Operating Officer Sebastien Morin acquired 544 shares of common stock through the company’s Employee Stock Purchase Plan. The transaction was recorded as an award-type acquisition and was exempt under Rule 16b-3(d) and Rule 16b-3(c).
Did the Gran Tierra Energy (GTE) Form 4 indicate a buy or sell by the COO?
The Form 4 classifies the activity as an acquisition via grant or award, not an open-market buy or sell. It reflects 544 shares acquired through the Employee Stock Purchase Plan, increasing Sebastien Morin’s direct holdings to 32,177 common shares after the transaction.