Gran Tierra EVP acquires 151 shares via ESPP
Gran Tierra Energy EVP Corporate Services Jim Evans reported a compensation-related share acquisition and an indirect holding update.
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Form Type
4
Rhea-AI Filing Summary
Gran Tierra Energy EVP Corporate Services Jim Evans reported a compensation-related share acquisition and an indirect holding update. On May 1, 2026, he acquired 151 shares of common stock at $9.17 per share through the Gran Tierra Inc. Employee Stock Purchase Plan, increasing his direct holdings to 48,841 shares. The filing also reports 3,200 common shares held indirectly through his spouse as of the same date.
Insider Trade Summary
Grant/Award: 151 shares
Grant/Award
2 txns
Insider
Evans Jim
Role
EVP, Corporate Services
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 151 | $9.17 | $1K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 48,841 shares (Direct);
Common Stock — 3,200 shares (Indirect, By Spouse)
Footnotes (2)
- F1. These shares were acquired on May 1, 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: 151 shares
Acquisition price: $9.17 per share
Direct holdings after transaction: 48,841 shares
+3 more
6 metrics
Shares acquired
151 shares
Common Stock acquired on May 1, 2026 via ESPP
Acquisition price
$9.17 per share
Price for 151 acquired common shares, reported in U.S. dollars
Direct holdings after transaction
48,841 shares
Common Stock directly owned by Jim Evans after acquisition
Indirect holdings by spouse
3,200 shares
Common Stock held indirectly through spouse as of May 1, 2026
Acquire transactions count
1 transaction
Non-derivative acquisition reported in transaction summary
Holding entries
1 entry
Indirect holding line item reported in transaction summary
Key Terms
Employee Stock Purchase Plan, Rule 16b-3(d), Rule 16b-3(c), indirect ownership
4 terms
Employee Stock Purchase Plan financial
"These shares were acquired on May 1, 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.
indirect ownership financial
"total_shares_following_transaction 3,200.0000, direct_or_indirect I, nature_of_ownership By Spouse"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Gran Tierra Energy (GTE) report for Jim Evans?
Jim Evans, EVP Corporate Services at Gran Tierra Energy, acquired 151 common shares on May 1, 2026. The shares were obtained through the Gran Tierra Inc. Employee Stock Purchase Plan as a compensation-related acquisition, rather than an open-market purchase, and are now held directly.
What indirect ownership in Gran Tierra Energy (GTE) does Jim Evans report?
Jim Evans reports indirect ownership of 3,200 Gran Tierra Energy common shares held by his spouse. This indirect position is separate from his 48,841 directly held shares and reflects additional exposure to the company’s stock through a related party relationship.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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