Gran Tierra Energy (GTE) CEO acquires 455 shares through stock purchase plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gran Tierra Energy Inc. President and CEO Gary Guidry acquired 455 shares of common stock on May 19, 2026 through the company’s Employee Stock Purchase Plan. The shares were acquired at $9.31 per share in U.S. dollar terms after currency conversion, bringing his direct holdings to 505,167 shares. This was a compensation-related plan purchase, not an open‑market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Guidry Gary
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 455 | $9.31 | $4K |
Holdings After Transaction:
Common Stock — 505,167 shares (Direct, null)
Footnotes (1)
- These shares were acquired on May 19, 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.
Key Figures
Shares acquired: 455 shares
Purchase price: $9.31 per share
Shares after transaction: 505,167 shares
+1 more
4 metrics
Shares acquired
455 shares
Common Stock acquired on May 19, 2026
Purchase price
$9.31 per share
Employee Stock Purchase Plan acquisition, U.S. dollar equivalent
Shares after transaction
505,167 shares
Direct common stock holdings following acquisition
Transaction date
May 19, 2026
Date of ESPP share acquisition
Key Terms
Employee Stock Purchase Plan, Rule 16b-3(d), Rule 16b-3(c), Common Stock
4 terms
Employee Stock Purchase Plan financial
"These shares were acquired on May 19, 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.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did GTE CEO Gary Guidry report on May 19, 2026?
Gary Guidry reported acquiring 455 Gran Tierra common shares on May 19, 2026. The shares were obtained through the company’s Employee Stock Purchase Plan as a compensation-related acquisition rather than a discretionary open-market trade.