Form 4: Gran Tierra Energy Inc. Executive Acquires Shares Through Employee Stock Purchase Plan
SEC Form 4 Filing
Sebastien Morin, Chief Operating Officer of Gran Tierra Energy Inc., reports acquiring shares through the company's Employee Stock Purchase Plan while also disposing of shares.
Summary
- On May 1, 2025, Sebastien Morin, the Chief Operating Officer of Gran Tierra Energy Inc., acquired 688 shares of common stock at a price of $4.37 per share through the company's Employee Stock Purchase Plan.
- The transaction was exempt under Rule 16b-3(d) and Rule 16b-3(c).
- Following the transaction, Morin's beneficially owned securities amount to 19,477 shares after disposing of shares.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment. It simply reports a transaction.
Positives
- The acquisition of shares through the Employee Stock Purchase Plan demonstrates the executive's investment in the company's stock.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with securities regulations.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder confidence due to the executive's investment.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of transaction: Sebastien Morin acquired 688 shares and disposed of shares. |
| 05/05/2025 | Date of signature on the Form 4 filing. |
Keywords
Gran Tierra Energy Inc., Sebastien Morin, Employee Stock Purchase Plan, Form 4, Beneficial Ownership, GTE, Shares, Acquisition, Disposition
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