Form 4: Gran Tierra EVP Acquires Shares via ESPP

Gran Tierra Energy's EVP, Corporate Services, Jim Evans, acquired 307 shares of common stock through the company's Employee Stock Purchase Plan.

Summary

• Jim Evans, Executive Vice President of Corporate Services at Gran Tierra Energy Inc., acquired 307 shares of common stock.
• The acquisition occurred on October 16, 2025, through the Gran Tierra Inc. Employee Stock Purchase Plan (ESPP).
• The purchase price for the shares was $4.34 per share, converted from Canadian currency.
• Following this transaction, Jim Evans directly beneficially owns 48,825 shares of common stock.
• An additional 6,100 shares are indirectly beneficially owned by his spouse.
• The transaction is exempt under SEC Rules 16b-3(d) and 16b-3(c).

Sentiment

Score: 7

Explanation: The sentiment is moderately positive due to an executive acquiring shares, which generally signals confidence. However, the transaction size is small and through a routine employee plan, limiting its overall impact on sentiment.

Positives

• An executive's acquisition of company shares, even through an ESPP, can signal confidence in the company's future prospects and valuation.
• Participation in the Employee Stock Purchase Plan demonstrates alignment of management's interests with those of shareholders.

Future Outlook

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

Industry Context

Insider purchases, particularly through structured employee plans like an ESPP, are a common practice across industries. They generally reflect an executive's routine participation in company benefits and can be interpreted as a minor positive signal of management's belief in the company's value within the broader energy sector.

Related Party Transactions

• The acquisition of shares was made through the Gran Tierra Inc. Employee Stock Purchase Plan, which constitutes a transaction between the company and an executive.

Stakeholder Impact

• Shareholders may view this executive share acquisition as a positive indicator of management's alignment with shareholder interests and confidence in the company's future.

Key Dates

Recommendation

The acquisition of a relatively small number of shares by an executive through an Employee Stock Purchase Plan is a routine event. While it offers a minor positive signal of management confidence, it is not significant enough on its own to warrant a change in a broader investment recommendation for Gran Tierra Energy Inc.

Keywords

Gran Tierra Energy, GTE, Jim Evans, Form 4, Insider Transaction, Stock Acquisition, ESPP, Executive Compensation