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

Ryan Ellson, CFO of Gran Tierra Energy, acquired 289 shares of common stock through the company's Employee Stock Purchase Plan on March 4, 2024.

Summary

• On March 4, 2024, Ryan Ellson, the Chief Financial Officer of Gran Tierra Energy Inc., acquired 289 shares of common stock.
• The acquisition was made through the Gran Tierra Inc. Employee Stock Purchase Plan.
• The purchase price was $5.31 per share, converted from Canadian currency to U.S. currency.
• Following the transaction, Ellson directly owns 80,232 shares of Gran Tierra Energy Inc.
• Ellson also indirectly owns 3,000 shares through his spouse.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction, and while insider buying can be seen as positive, it's a small amount through an employee stock purchase plan.

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 Form 4 filing is a routine disclosure required by the SEC when an officer of a publicly traded company buys or sells shares in their company. It provides transparency to investors about the transactions of company insiders.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it involves a small number of shares acquired through an employee stock purchase plan.

Key Dates