GTE President & CEO increases stake with 952-share ESPP buy
Rhea-AI Filing Summary
Gran Tierra Energy Inc. (GTE) reported an insider share purchase by its President and CEO, who is also a director. On 11/20/2025, the reporting person acquired 952 shares of common stock through the Gran Tierra Inc. Employee Stock Purchase Plan in a transaction described as exempt under Rule 16b-3(d) and Rule 16b-3(c). The purchase price of the shares was $4.36 per share, converted from Canadian currency into U.S. currency. Following this transaction, the insider beneficially owns 496,759 shares of Gran Tierra Energy common stock held directly.
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FAQ
What insider transaction did Gran Tierra Energy (GTE) disclose in this Form 4?
The filing discloses that the President and CEO, who is also a director of Gran Tierra Energy Inc. (GTE), acquired 952 shares of common stock on 11/20/2025.
At what price were the Gran Tierra Energy (GTE) shares purchased in this transaction?
The 952 shares of Gran Tierra Energy common stock were acquired at a price of $4.36 per share, with the price converted from Canadian currency into U.S. dollars.
How many Gran Tierra Energy (GTE) shares does the insider own after this transaction?
After the reported purchase, the insider beneficially owns 496,759 shares of Gran Tierra Energy Inc. common stock, held in direct ownership.
What plan was used for the insider’s Gran Tierra Energy (GTE) share purchase?
The 952 shares were acquired through the Gran Tierra Inc. Employee Stock Purchase Plan, as stated in the explanation of responses.
Was the Gran Tierra Energy (GTE) insider transaction exempt under SEC rules?
Yes. The share acquisition is described as exempt under Rule 16b-3(d) and Rule 16b-3(c), which relate to certain insider transactions under equity compensation or similar plans.
What is the insider’s relationship to Gran Tierra Energy (GTE)?
The reporting person is a Director and an Officer of Gran Tierra Energy Inc., serving as President and CEO, and files the Form 4 as one reporting person.