Form 4: Gran Tierra Energy Inc. Executive Acquires Shares Through Employee Stock Purchase Plan
SEC Form 4 Filing
Phillip D. Abraham, VP of Legal and Business Development at Gran Tierra Energy Inc., acquired 448 shares of common stock through the company's Employee Stock Purchase Plan on March 18, 2025.
Summary
- On March 18, 2025, Phillip D. Abraham, VP of Legal and Business Development at Gran Tierra Energy Inc., acquired 448 shares of common stock.
- The acquisition was made through the Gran Tierra Inc. Employee Stock Purchase Plan.
- The purchase price was $5.20 per share, converted from Canadian currency to U.S. currency.
- Following the transaction, Abraham directly owns 29,074 shares of Gran Tierra Energy Inc.
- The transaction was exempt under Rule 16b-3(d) and Rule 16b-3(c).
Sentiment
Score: 6
Explanation: The sentiment is neutral. It reflects a routine transaction with no particularly positive or negative implications.
Positives
- An executive's participation in the Employee Stock Purchase Plan can be seen as a positive sign of confidence in the company.
Industry Context
This is a routine filing related to an executive's participation in a company's stock purchase plan, which is a common practice.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 03/18/2025 | Date of transaction: Phillip D. Abraham acquired shares through the Employee Stock Purchase Plan. |
| 03/19/2025 | Date of signature on the Form 4 filing. |
Keywords
Gran Tierra Energy Inc., Phillip D. Abraham, Employee Stock Purchase Plan, share acquisition, Form 4, GTE, beneficial ownership
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