STOCK TITAN
  1. Home
  2. Sec-filings
  3. GTE
  4. [Form 4] GRAN TIERRA ENERGY INC. Insider Trading Activity

Gran Tierra Energy (GTE) 10% owner affiliates report $4-level share purchases

Filing Impact
(Very High)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

Gran Tierra Energy Inc. (GTE) received a filing from 10% owner affiliates showing recent open‑market common stock purchases. Private investment funds managed by LM Asset Management Inc. bought 100,000 shares on January 5, 2026 at a weighted average price of $4.0405 per share and a further 80,000 shares on January 6, 2026 at a weighted average price of $4.0037 per share. After these transactions, the funds managed by LM Asset Management Inc. report beneficial ownership of 3,851,200 Gran Tierra Energy shares. Separately, Daniel Lau is shown as directly beneficially owning 240,000 shares and Christine Man as directly beneficially owning 65,550 shares, with an additional 145,000 shares held by companies of which they are directors and controlling shareholders. The reporting persons state that they may be deemed to beneficially own certain holdings through their roles but disclaim beneficial ownership beyond their respective pecuniary interests.

Positive

  • None.

Negative

  • None.
Insider LM Asset (IM) Inc., Lau Daniel, Man Christine
Role 10% Owner | 10% Owner | 10% Owner
Bought 180,000 shs ($724K)
Type Security Shares Price Value
Purchase Common Stock 80,000 $4.0037 $320K
Purchase Common Stock 100,000 $4.0405 $404K
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 3,996,200 shares (Indirect, See Note); Common Stock — 305,550 shares (Direct)
Footnotes (6)
  1. F1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.97 to $4.09, inclusive. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
  2. F2. These securities are held by private investment funds managed by LM Asset Management, Inc. ("LMAM"). LMAM may be deemed to beneficially own these securities as the investment adviser to those funds. Daniel Lau and Christine Man are control persons of LMAM and may be deemed to beneficially own these securities as control persons of LMAM. Each reporting person disclaims beneficial ownership of such securities except to the extent of their respect pecuniary interest therein.
  3. F3. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.98 to $4.05, inclusive.
  4. F4. These securities are beneficially owned solely by Daniel Lau.
  5. F5. These securities are beneficially owned solely by Christine Man.
  6. F6. These securities are held by companies of which Daniel Lau and Christine Man are directors and controlling shareholders. They may be deemed to beneficially own these shares because they are control persons of those companies. They disclaim beneficial ownership of such securities except to the extent of their respective pecuniary interests therein.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Form 4 Insider Transactions: What Each Field Means →

FAQ

What insider activity did Gran Tierra Energy (GTE) report in this Form 4?

The filing shows that private investment funds managed by LM Asset Management Inc., a 10% owner of Gran Tierra Energy Inc., purchased 100,000 common shares on January 5, 2026 at a weighted average price of $4.0405 and 80,000 shares on January 6, 2026 at a weighted average price of $4.0037 per share.

How many Gran Tierra Energy (GTE) shares do the LM Asset Management funds report owning after these trades?

After the reported open‑market purchases, the private investment funds managed by LM Asset Management Inc. report beneficial ownership of 3,851,200 shares of Gran Tierra Energy common stock.

Who are the reporting persons in the Gran Tierra Energy (GTE) Form 4 and what is their relationship to the issuer?

The reporting persons are LM Asset (IM) Inc. (renamed LM Asset Management Inc. effective January 1, 2026), Daniel Lau, and Christine Man. Each is identified as a 10% owner of Gran Tierra Energy Inc. in the filing.

How many Gran Tierra Energy (GTE) shares do Daniel Lau and Christine Man directly own?

The filing states that 240,000 shares are beneficially owned solely by Daniel Lau and 65,550 shares are beneficially owned solely by Christine Man, both as common stock of Gran Tierra Energy Inc.

Were the reported Gran Tierra Energy (GTE) share purchases made at a single price or over a range?

The filing explains that the reported prices are weighted average prices. The January 5, 2026 purchases were made in multiple transactions at prices ranging from $3.97 to $4.09, and the January 6, 2026 purchases were made in multiple transactions at prices ranging from $3.98 to $4.05.

Did LM Asset (IM) Inc. change its name in connection with this Gran Tierra Energy (GTE) filing?

Yes. The remarks state that effective January 1, 2026, LM Asset (IM) Inc. changed its name to LM Asset Management Inc., which manages the private investment funds that hold Gran Tierra Energy shares.

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*
LM Asset (IM) Inc.
(Last) (First) (Middle)
915 1055 WEST HASTINGS STREET
(Street)
VANCOUVER A1 V6E 2E9
(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 X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
01/05/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X 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 01/05/2026 P 100,000 A $4.0405(1) 3,771,200 I See Note(2)
Common Stock 01/06/2026 P 80,000 A $4.0037(3) 3,851,200 I See Note(2)
Common Stock 240,000(4) D
Common Stock 65,550(5) D
Common Stock 145,000 I See Note(6)
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
1. Name and Address of Reporting Person*
LM Asset (IM) Inc.
(Last) (First) (Middle)
915 1055 WEST HASTINGS STREET
(Street)
VANCOUVER A1 V6E 2E9
(City) (State) (Zip)
Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Lau Daniel
(Last) (First) (Middle)
915 1055 WEST HASTINGS STREET
(Street)
VANCOUVER A1 V6E 2E9
(City) (State) (Zip)
Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Man Christine
(Last) (First) (Middle)
915 1055 WEST HASTINGS STREET
(Street)
VANCOUVER A1 V6E 2E9
(City) (State) (Zip)
Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.97 to $4.09, inclusive. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
2. These securities are held by private investment funds managed by LM Asset Management, Inc. ("LMAM"). LMAM may be deemed to beneficially own these securities as the investment adviser to those funds. Daniel Lau and Christine Man are control persons of LMAM and may be deemed to beneficially own these securities as control persons of LMAM. Each reporting person disclaims beneficial ownership of such securities except to the extent of their respect pecuniary interest therein.
3. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.98 to $4.05, inclusive.
4. These securities are beneficially owned solely by Daniel Lau.
5. These securities are beneficially owned solely by Christine Man.
6. These securities are held by companies of which Daniel Lau and Christine Man are directors and controlling shareholders. They may be deemed to beneficially own these shares because they are control persons of those companies. They disclaim beneficial ownership of such securities except to the extent of their respective pecuniary interests therein.
Remarks:
Effective January 1, 2026, LM Asset (IM) Inc. changed its name to LM Asset Management Inc. The reporting persons are filing this Form 4 jointly but not as a group, and each reporting person expressly disclaims membership in a group withing the meaning of Rule 13d-5(b) under the Securities Exchange Act of 1934.
/s/ Daniel Lau, Director of LM Asset Management, Inc. 01/07/2026
/s/ Daniel Lau 01/07/2026
/s/ Christine Man 01/07/2026
** 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.

Source: View Original Filing on SEC EDGAR