Form 4: Gran Tierra Energy CFO Ryan Ellson Acquires Shares Through Employee Stock Purchase Plan

Ryan Ellson, CFO of Gran Tierra Energy Inc., reports acquiring 175 shares of common stock through the company's Employee Stock Purchase Plan on May 2, 2024.

Summary

• On May 2, 2024, Ryan Ellson, the Chief Financial Officer of Gran Tierra Energy Inc., acquired 175 shares of common stock.
• The shares were purchased through the Gran Tierra Inc. Employee Stock Purchase Plan at a price of $8.69 per share.
• The transaction was exempt under Rule 16b-3(d) and Rule 16b-3(c).
• Following the transaction, Ellson directly owns 81,063 shares of Gran Tierra Energy Inc. common stock.
• Ellson also indirectly owns 3,000 shares through his spouse.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to an employee stock purchase plan. While insider buying can be seen as a positive, the small number of shares acquired doesn't suggest a strong bullish signal.

Positives

• The CFO's participation in the Employee Stock Purchase Plan could be seen as a positive signal, indicating confidence in the company's future.

Industry Context

This filing is a routine disclosure related to insider transactions and doesn't necessarily reflect broader industry trends.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders.

Key Dates