Gran Tierra Energy (NYSE: GTE) EVP adds 285 shares through employee stock purchase plan
Rhea-AI Filing Summary
Gran Tierra Energy Inc. executive acquires shares through employee plan. EVP, Legal and Land, Abraham Phillip D received 285 shares of common stock on March 17, 2026 at a price of $8.56 per share through the Gran Tierra Inc. Employee Stock Purchase Plan, a compensation-related acquisition exempt under Rules 16b-3(d) and 16b-3(c). Following this grant, he directly holds 41,442 common shares, indicating a small, routine increase in his ownership. The purchase price was originally in Canadian currency and converted to U.S. dollars.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 285 shares
Net Buy
1 txn
Insider
Abraham Phillip D
Role
EVP, Legal and Land
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 285 | $8.56 | $2K |
Holdings After Transaction:
Common Stock — 41,442 shares (Direct)
Footnotes (2)
- F1. These shares were acquired on March 17, 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).
- F2. Purchase price of security was transacted in Canadian currency and converted to U.S. currency.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Gran Tierra Energy (GTE) report for Abraham Phillip D?
Gran Tierra Energy reported that EVP, Legal and Land, Abraham Phillip D acquired 285 common shares on March 17, 2026. The shares were obtained through the Gran Tierra Inc. Employee Stock Purchase Plan as a compensation-related transaction exempt under Rules 16b-3(d) and 16b-3(c).
What regulatory exemptions apply to this Gran Tierra Energy (GTE) insider transaction?
The filing states the shares were acquired through the Gran Tierra Inc. Employee Stock Purchase Plan in a transaction exempt under Rule 16b-3(d) and Rule 16b-3(c). These provisions typically cover board-approved, compensation-related transactions for insiders rather than discretionary open-market trades.
Did Gran Tierra Energy (GTE) report any derivative securities in this Form 4 filing?
No derivative securities are listed in this Form 4. The transaction involves only non-derivative common stock, and the derivative securities summary section is empty, indicating there were no option exercises, warrant conversions, or other derivative-related activities reported in this particular filing.