Form 4: Gran Tierra Energy Inc. Executive Acquires and Disposes of Shares
SEC Form 4 Filing
Sebastien Morin, Chief Operating Officer of Gran Tierra Energy Inc., reports acquiring and disposing of common stock through the company's Employee Stock Purchase Plan.
Summary
- On March 18, 2025, Sebastien Morin, the Chief Operating Officer of Gran Tierra Energy Inc., acquired 560 shares of common stock through the company's Employee Stock Purchase Plan at a price of $5.20 per share.
- The transaction was exempt under Rule 16b-3(d) and Rule 16b-3(c).
- Morin also disposed of 17,539 shares.
- Following the reported transactions, Morin's beneficial ownership of Gran Tierra Energy Inc. common stock is not specified in this document.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Positives
- The acquisition of shares through the Employee Stock Purchase Plan demonstrates the executive's investment in the company's stock.
Negatives
- The document does not specify the reason for the disposal of 17,539 shares.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock.
Stakeholder Impact
- The transaction may have a minor impact on shareholders, reflecting an executive's participation in the Employee Stock Purchase Plan.
Key Dates
| Date | Description |
|---|---|
| 03/18/2025 | Date of the transaction: acquisition and disposal of shares. |
| 03/19/2025 | Date of signature by Attorney-In-Fact. |
Keywords
Gran Tierra Energy Inc., Sebastien Morin, Employee Stock Purchase Plan, Common Stock, Beneficial Ownership, Form 4, GTE
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