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

Sentiment:

SEC Form 4 Filing


Ryan Ellson, CFO of Gran Tierra Energy Inc., reports acquiring 165 shares of common stock through the company's Employee Stock Purchase Plan on August 2, 2024.

Summary

  • On August 2, 2024, Ryan Ellson, the Chief Financial Officer of Gran Tierra Energy Inc., acquired 165 shares of common stock.
  • The acquisition was made through the Gran Tierra Inc. Employee Stock Purchase Plan.
  • The purchase price was $9.09 per share, converted from Canadian currency to U.S. currency.
  • Following the transaction, Ellson directly owns 82,024 shares of Gran Tierra Energy Inc.
  • Ellson also indirectly owns 3,000 shares through his spouse.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a routine transaction. The CFO's participation in the employee stock purchase plan could be seen as a slightly positive 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

Form 4 filings are standard practice for company insiders reporting transactions in their company's stock, providing transparency to the market.

Stakeholder Impact

  • The transaction has a minor positive impact on shareholders as it shows confidence from the CFO.

Key Dates

DateDescription
08/02/2024Date of the transaction: Ryan Ellson acquired 165 shares of Gran Tierra Energy Inc. common stock through the Employee Stock Purchase Plan.

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