[Form 4] Gran Tierra Energy Inc. Insider Trading Activity

Rhea-AI Filing Summary

Gran Tierra Energy insider purchase reported — The reporting person acquired 326 common shares of Gran Tierra Energy (GTE) through the company Employee Stock Purchase Plan at an effective price of $4.17 per share (converted from CAD), increasing direct beneficial ownership to 47,867 shares. The filing lists an additional 6,100 shares held indirectly by spouse. The transaction was disclosed as exempt under Rule 16b-3 provisions that apply to employee purchase plans, and the Form 4 was signed by an attorney-in-fact.

Positive

• Purchase executed through the company Employee Stock Purchase Plan, indicating participation in an authorized equity compensation program
• Transaction reported as exempt under Rule 16b-3, reflecting standard compliance treatment for ESPP purchases

Negative

• None.

Insights

Financial Analyst

TL;DR: A small ESPP purchase by an officer; economically modest and not material to company valuation.

The acquisition of 326 shares via the Employee Stock Purchase Plan represents a routine insider participation in a company benefit program. At the reported price of $4.17 per share and given the total beneficial ownership reported (47,867 direct, 6,100 indirect), the transaction size is minor relative to typical market-cap impacts. The use of Rule 16b-3 exemptions is standard for ESPP purchases and indicates this was an authorized, compliance-cleared acquisition rather than a discretionary open-market buy.

Corporate Governance Expert

TL;DR: Disclosure follows Section 16 norms; transaction appears compliant and procedural.

The Form 4 discloses a director/officer purchase through the company ESPP and cites Rule 16b-3 exemptions, which is consistent with accepted governance and insider-trading compliance. Reporting by attorney-in-fact is noted, and indirect holdings (6,100 shares by spouse) are properly identified. There are no unusual option exercises, sales, or derivative transactions reported, and no governance red flags appear in the disclosed entries.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Evans Jim

(Last) (First) (Middle)

C/O GRAN TIERRA ENERGY INC.

500 CENTRE STREET SE

(Street)

CALGARY A0 T2G 1A6

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
GRAN TIERRA ENERGY INC. [ GTE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP, Corporate Services

3. Date of Earliest Transaction (Month/Day/Year)
09/02/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/02/2025		A(1)		326	A	$4.17(2)	47,867	D
Common Stock								6,100	I	By Spouse

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These shares were acquired on September 2, 2025 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).

2. Purchase price of security was transacted in Canadian currency and converted to U.S. currency.

	/s/ Phillip Abraham, Attorney-In Fact	09/02/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did the Gran Tierra Energy insider report on Form 4 (GTE)?

The reporting person acquired 326 common shares of Gran Tierra Energy via the company's Employee Stock Purchase Plan at an effective price of $4.17 per share (converted from Canadian dollars).

How many Gran Tierra Energy shares does the reporting person own after the transaction (GTE)?

Following the reported purchase, the reporting person beneficially owns 47,867 shares directly, plus 6,100 shares indirectly held by a spouse.

Was the insider purchase of GTE shares exempt from Section 16 short-swing rules?

Yes. The filing states the purchase was exempt under Rule 16b-3(d) and Rule 16b-3(c), which commonly apply to company employee purchase plans.

Did the Form 4 report any derivative transactions or sales for GTE?

No. The filing shows only a non-derivative acquisition of common stock and does not list any derivative transactions or dispositions.

Who signed the Form 4 for this Gran Tierra Energy filing?

The Form 4 was signed by an attorney-in-fact on behalf of the reporting person, per the document's signature block.