Form 4: Gran Tierra COO Boosts Stake via ESPP

Gran Tierra Energy's Chief Operating Officer, Sebastien Morin, acquired 687 shares of common stock through the company's Employee Stock Purchase Plan.

Summary

• Sebastien Morin, Chief Operating Officer of Gran Tierra Energy Inc., acquired common stock.
• The transaction occurred on October 1, 2025.
• 687 shares were acquired at a price of $4.35 per share.
• The acquisition was made through the Gran Tierra Inc. Employee Stock Purchase Plan.
• Following this transaction, Morin beneficially owns 26,112 shares of common stock.
• The purchase price was originally in Canadian currency and converted to U.S. currency.
• The transaction is exempt under SEC Rules 16b-3(d) and 16b-3(c).

Sentiment

Score: 7

Explanation: Insider acquisition through an Employee Stock Purchase Plan generally signals management confidence and aligns interests with shareholders, indicating a positive outlook.

Positives

• Chief Operating Officer Sebastien Morin increased his direct ownership in Gran Tierra Energy Inc. by acquiring 687 shares.
• The acquisition through an Employee Stock Purchase Plan (ESPP) suggests management confidence and alignment with shareholder interests.

Negatives

• NA

Risks

• NA

Future Outlook

NA

Management Comments

• NA

Industry Context

NA

Comparison to Industry Standards

• NA

Management Changes

Corporate Governance

Legal Proceedings

• NA

Related Party Transactions

• NA

Stakeholder Impact

• Shareholders may view the insider purchase as a positive signal of management's confidence in the company's future performance.
• Employees participating in the Employee Stock Purchase Plan benefit from the opportunity to acquire company stock.

Next Steps

• NA

Key Dates

Recommendation

The Chief Operating Officer's acquisition of additional shares through an Employee Stock Purchase Plan demonstrates strong insider confidence in Gran Tierra Energy's future performance and aligns management incentives with shareholder value creation. This positive signal suggests potential for future stock appreciation.

Keywords

Gran Tierra Energy, GTE, Sebastien Morin, insider trading, stock purchase, ESPP, common stock, officer, beneficial ownership