Form 4: Gran Tierra Energy CFO Ryan Ellson Reports Stock Acquisition

Ryan Ellson, CFO of Gran Tierra Energy, reports acquiring 164 shares of common stock through the company's Employee Stock Purchase Plan.

Summary

• Ryan Ellson, the Chief Financial Officer of Gran Tierra Energy Inc., reported a transaction on June 3, 2024.
• He acquired 164 shares of common stock through the Gran Tierra Inc. Employee Stock Purchase Plan at a price of $9.32 per share.
• The transaction was exempt under Rule 16b-3(d) and Rule 16b-3(c).
• Following the transaction, Ellson directly owns 81,392 shares of common stock and indirectly owns 3,000 shares through his spouse.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects insider confidence through participation in the employee stock purchase plan.

Positives

• The acquisition of shares through the Employee Stock Purchase Plan demonstrates the CFO's investment in the company's stock.

Industry Context

Form 4 filings are standard practice for company insiders to report changes in their beneficial ownership of company stock, ensuring transparency and compliance with SEC regulations.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment as it reflects insider confidence.

Key Dates