Form 4: Gran Tierra EVP Buys Shares via Employee Stock Plan

Gran Tierra Energy's EVP of Corporate Services, Jim Evans, acquired 394 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 394 shares of the company's common stock.
• The transaction occurred on November 3, 2025, at a price of $3.39 per share.
• 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 holds 49,219 shares and indirectly holds 6,100 shares through his spouse.

Sentiment

Score: 7

Explanation: The acquisition of shares by an executive through an employee stock purchase plan is generally viewed positively as it aligns management's interests with shareholders, though the transaction size is small.

Positives

• Insider purchase of 394 common shares by EVP, Corporate Services, Jim Evans, indicates a degree of confidence in the company.
• Acquisition through an Employee Stock Purchase Plan suggests alignment of employee interests with shareholder value.

Future Outlook

NA

Industry Context

This filing reports a routine insider transaction through an employee stock purchase plan, which is a common benefit in many industries, including the energy sector. It does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders may view the insider purchase as a minor positive signal of management confidence in the company's future.
• Employees benefit from the availability of an Employee Stock Purchase Plan, fostering alignment with company performance.

Key Dates

Recommendation

The purchase of a relatively small number of shares by an executive through an employee stock purchase plan is a positive signal of management confidence but is not significant enough on its own to change a broader investment thesis. It reinforces a 'hold' position for existing investors.

Keywords

Gran Tierra Energy, GTE, Jim Evans, Insider Transaction, Form 4, Stock Purchase, ESPP, Beneficial Ownership