Form 4: Gran Tierra Energy COO Acquires Shares Through Employee Stock Purchase Plan

Gran Tierra Energy Inc.'s Chief Operating Officer, Sebastien Morin, acquired 635 shares of common stock at $4.82 per share through the company's Employee Stock Purchase Plan.

Summary

• Sebastien Morin, Chief Operating Officer of Gran Tierra Energy Inc. (GTE), acquired 635 shares of the company's 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 executed through the Gran Tierra Inc. Employee Stock Purchase Plan.
• This transaction is exempt from certain short-swing profit rules under SEC Rules 16b-3(d) and 16b-3(c).
• Following this acquisition, Sebastien Morin directly beneficially owns 21,835 shares of Gran Tierra Energy Inc. common stock.

Sentiment

Score: 7

Explanation: The acquisition of shares by a key executive, even a relatively small amount, through an employee plan generally indicates confidence in the company's future performance and aligns management's interests with shareholders.

Positives

• Chief Operating Officer Sebastien Morin increased his direct beneficial ownership in Gran Tierra Energy Inc. by acquiring 635 shares, signaling confidence in the company's future.
• The acquisition was made through an Employee Stock Purchase Plan, which aligns management's financial interests with those of shareholders.

Negatives

• NA

Risks

• NA

Future Outlook

NA

Management Comments

• NA

Industry Context

This Form 4 filing details a routine insider transaction, specifically an acquisition of shares by a company executive. It does not provide broader industry context or trends, as its primary purpose is to disclose changes in beneficial ownership by insiders.

Comparison to Industry Standards

• NA

Management Changes

Corporate Governance

Legal Proceedings

• NA

Related Party Transactions

• NA

Stakeholder Impact

• Shareholders: The acquisition of shares by a key executive may signal confidence in the company's future, potentially positively influencing investor sentiment.
• Employees: The transaction occurred via an Employee Stock Purchase Plan, highlighting the availability and utilization of such programs for employees.

Next Steps

• NA

Key Dates

Keywords

Gran Tierra Energy, GTE, Sebastien Morin, Form 4, insider transaction, stock acquisition, employee stock purchase plan, common stock, COO