Form 4: Gran Tierra Energy CEO Acquires Shares Through Employee Stock Purchase Plan
Insider Transaction Report
Gran Tierra Energy's President and CEO, Gary Guidry, acquired 889 shares of common stock through the company's Employee Stock Purchase Plan on July 2, 2025.
Summary
- Gary Guidry, President and CEO, and a Director of Gran Tierra Energy Inc. (GTE), acquired 889 shares of common stock.
- The transaction occurred on July 2, 2025.
- The shares were purchased at a price of $4.82 per share, which was converted from Canadian currency.
- The acquisition was made through the Gran Tierra Inc. Employee Stock Purchase Plan.
- This transaction is exempt under SEC Rules 16b-3(d) and 16b-3(c).
- Following this acquisition, Gary Guidry beneficially owns a total of 487,664 shares of common stock.
Sentiment
Score: 7
Explanation: The acquisition of shares by the CEO, even through a routine employee plan, generally indicates confidence in the company's future prospects and aligns management's interests with shareholders.
Positives
- The acquisition of shares by the President and CEO, Gary Guidry, indicates continued insider confidence in Gran Tierra Energy's future prospects.
- Participation in the Employee Stock Purchase Plan demonstrates alignment of management's interests with those of shareholders.
Future Outlook
NA
Industry Context
NA
Related Party Transactions
- The acquisition of 889 shares by President and CEO Gary Guidry through the Gran Tierra Inc. Employee Stock Purchase Plan constitutes a transaction between the company and a related party (an insider).
Stakeholder Impact
- Shareholders may view the insider purchase as a positive signal of management's confidence in the company's performance and future value.
Key Dates
| Date | Description |
|---|---|
| 07/02/2025 | Date of earliest transaction and acquisition of 889 shares of common stock by Gary Guidry through the Employee Stock Purchase Plan. |
Keywords
Gran Tierra Energy, GTE, Gary Guidry, Insider Trading, Stock Acquisition, Employee Stock Purchase Plan, SEC Form 4, Common Stock
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