Form 4: Gran Tierra Energy Inc. Executive Acquires Shares Through Employee Stock Purchase Plan

Jim Evans, VP of Corporate Services at Gran Tierra Energy Inc., acquired 140 shares of common stock through the company's Employee Stock Purchase Plan on May 2, 2024.

Summary

• On May 2, 2024, Jim Evans, VP of Corporate Services at Gran Tierra Energy Inc., acquired 140 shares of common stock through the company's Employee Stock Purchase Plan.
• The purchase price was $8.69 per share, converted from Canadian currency to U.S. currency.
• Following the transaction, Evans directly owns 40,865 shares and indirectly owns 6,100 shares through his spouse.
• The acquisition was exempt under Rule 16b-3(d) and Rule 16b-3(c) of the Securities Exchange Act.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard disclosure of an executive's stock purchase. It doesn't indicate any significant positive or negative developments for the company.

Positives

• Executive participation in the Employee Stock Purchase Plan demonstrates confidence in the company.

Industry Context

This filing is a routine disclosure related to insider trading and is common for publicly traded companies. It provides transparency into the transactions of company executives.

Stakeholder Impact

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

Key Dates