Form 4: Gran Tierra EVP Acquires Shares via Employee Plan

Gran Tierra Energy Inc.'s EVP of Corporate Services, Jim Evans, acquired 291 shares of common stock through an employee stock purchase plan.

Summary

• Jim Evans, Executive Vice President of Corporate Services at Gran Tierra Energy Inc., acquired 291 shares of common stock.
• The transaction occurred on December 1, 2025, at a price of $4.6 per share, converted from Canadian currency.
• The shares were acquired through the Gran Tierra Inc. Employee Stock Purchase Plan (ESPP).
• This acquisition is exempt under SEC Rules 16b-3(d) and 16b-3(c).
• Following this transaction, Jim Evans directly beneficially owns 49,816 shares of common stock.
• Additionally, 6,100 shares are indirectly beneficially owned by his spouse.

Sentiment

Score: 6

Explanation: The sentiment is mildly positive. An executive's participation in an employee stock purchase plan, even for a small number of shares, indicates a degree of confidence in the company and aligns their interests with shareholders. However, the transaction's routine nature and small size prevent a stronger positive score.

Positives

• The acquisition of shares by an executive through an Employee Stock Purchase Plan demonstrates management's continued investment in and alignment with the company's performance.
• Participation in an ESPP can signal confidence in the company's future prospects.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

Insider transactions, particularly through employee stock purchase plans, are common across industries. They generally reflect an executive's routine participation in company benefit programs and can be viewed as a minor positive signal of internal confidence, though the small size of this transaction limits its broader market impact.

Stakeholder Impact

• Shareholders: The transaction may be viewed as a minor positive signal of management's alignment with shareholder interests.
• Employees: The Employee Stock Purchase Plan provides a benefit to participating employees, including executives, allowing them to acquire company stock at potentially favorable terms.

Key Dates

Keywords

Gran Tierra Energy, GTE, Form 4, Insider Transaction, Employee Stock Purchase Plan, Jim Evans, Common Stock