Gran Tierra Energy (GTE) COO adds 464 shares through employee stock purchase 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 stock through an employee plan. On March 3, 2026, he acquired 464 shares of common stock at a price of $6.56 per share through the Gran Tierra Inc. Employee Stock Purchase Plan, a transaction exempt under Rule 16b-3. After this grant, his directly held common stock position increased to 32,641 shares.
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 | 464 | $6.56 | $3K |
Holdings After Transaction:
Common Stock — 32,641 shares (Direct)
Footnotes (1)
- These shares were acquired on March 3, 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 did Gran Tierra Energy (GTE) COO Sebastien Morin report on this Form 4?
Sebastien Morin reported acquiring 464 shares of Gran Tierra Energy common stock. The shares were obtained on March 3, 2026 through the Gran Tierra Inc. Employee Stock Purchase Plan, and are classified as a grant, award, or other acquisition under Section 16 rules.
What type of transaction is reported for Gran Tierra Energy (GTE) COO Sebastien Morin?
The transaction is reported with code “A,” meaning a grant, award, or other acquisition. It represents shares acquired through the Gran Tierra Inc. Employee Stock Purchase Plan and is categorized as a non-derivative common stock transaction under Section 16 reporting requirements.
Was the Gran Tierra Energy (GTE) COO’s stock acquisition exempt under SEC rules?
Yes. The filing states the shares were acquired through the Employee Stock Purchase Plan in a transaction exempt under Rule 16b-3(d) and Rule 16b-3(c). These provisions allow certain employee plan-related acquisitions without triggering short-swing profit liability for insiders.