Gran Tierra Energy (NYSE: GTE) EVP acquires 367 shares in stock plan
Rhea-AI Filing Summary
GRAN TIERRA ENERGY INC. executive Abraham Phillip D, EVP, Legal and Land, acquired 367 shares of Common Stock on July 16, 2026 through the Gran Tierra Inc. Employee Stock Purchase Plan at a U.S. dollar-equivalent price of $6.48 per share. Following this exempt Rule 16b-3(d)/(c) transaction, he directly holds 43,888 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 367 shares
Net Buy
1 txn
Insider
Abraham Phillip D
Role
EVP, Legal and Land
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 367 | $6.48 | $2K |
Holdings After Transaction:
Common Stock — 43,888 shares (Direct)
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: 367 shares
Price per share: $6.48
Shares owned after: 43,888 shares
+1 more
4 metrics
Shares acquired
367 shares
Common Stock acquired on July 16, 2026 through the Employee Stock Purchase Plan
Price per share
$6.48
U.S. dollar-equivalent purchase price per share for the July 16, 2026 acquisition
Shares owned after
43,888 shares
Direct Common Stock holdings following the reported acquisition
Transaction date
July 16, 2026
Date of Employee Stock Purchase Plan acquisition
Key Terms
Employee Stock Purchase Plan, Rule 16b-3(d), Rule 16b-3(c)
3 terms
Employee Stock Purchase Plan financial
"acquired on July 16, 2026 through the Gran Tierra Inc. Employee Stock Purchase Plan in a transaction"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Gran Tierra Energy (GTE) report for Abraham Phillip D?
Abraham Phillip D, EVP, Legal and Land, acquired 367 shares of Gran Tierra Energy Common Stock on July 16, 2026 through the company’s Employee Stock Purchase Plan in a transaction exempt under Rule 16b-3(d) and 16b-3(c).
What are Abraham Phillip D’s total Gran Tierra Energy (GTE) holdings after this Form 4 transaction?
After the reported acquisition, Abraham Phillip D directly holds 43,888 shares of Gran Tierra Energy Common Stock. This post-transaction figure reflects his direct ownership position immediately following the Employee Stock Purchase Plan transaction on July 16, 2026.
Does this Gran Tierra Energy (GTE) Form 4 indicate use of a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not checked, so the transaction is not affirmed as being made under a Rule 10b5-1 trading plan. Instead, it is reported as an acquisition through the Employee Stock Purchase Plan.