Gran Tierra (NYSE: GTE) EVP adds 210 shares via Employee Stock Purchase Plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gran Tierra Energy executive Jim Evans reported a small share acquisition through an employee plan. On July 2, 2026, Evans acquired 210 shares of Gran Tierra Energy Inc. common stock at $6.3000 per share via the Gran Tierra Inc. Employee Stock Purchase Plan in a transaction exempt under Rule 16b-3(d) and Rule 16b-3(c). Following this grant, he directly holds 49,546 common shares. An additional 3,200 common shares are held indirectly by his spouse, reflecting indirect ownership attributed to Evans.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Evans Jim
Role
EVP, Corporate Services
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 210 | $6.30 | $1K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 49,546 shares (Direct, null);
Common Stock — 3,200 shares (Indirect, By Spouse)
Footnotes (1)
- These shares were acquired on July 2, 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: 210 shares
Acquisition price: $6.3000 per share
Direct holdings after transaction: 49,546 shares
+1 more
4 metrics
Shares acquired
210 shares
Common Stock grant on July 2, 2026
Acquisition price
$6.3000 per share
Employee Stock Purchase Plan acquisition price
Direct holdings after transaction
49,546 shares
Common Stock directly owned after grant
Indirect spouse holdings
3,200 shares
Common Stock held indirectly by spouse
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 July 2, 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
"direct_or_indirect: "I", nature_of_ownership: "By Spouse""
FAQ
What insider transaction did Jim Evans report for GRAN TIERRA ENERGY INC. (GTE)?
Jim Evans reported acquiring 210 shares of Gran Tierra Energy common stock. The shares were obtained through the company’s Employee Stock Purchase Plan as a compensation-related grant, not an open-market purchase, and are treated as an exempt transaction under Rule 16b-3.