Form 4: Gran Tierra EVP Buys Shares via ESPP

Gran Tierra Energy's EVP, Legal and Land, Phillip D. Abraham, acquired 550 shares of common stock through an employee stock purchase plan.

Summary

• Phillip D. Abraham, Executive Vice President, Legal and Land of Gran Tierra Energy Inc., acquired 550 shares of common stock.
• The acquisition occurred on October 1, 2025, through the Gran Tierra Inc. Employee Stock Purchase Plan (ESPP).
• The purchase price for the shares was $4.35 per share, converted from Canadian currency.
• Following this transaction, Mr. Abraham beneficially owns a total of 35,934 shares of Gran Tierra Energy Inc. common stock.
• The transaction was exempt under SEC Rules 16b-3(d) and 16b-3(c), indicating a routine, pre-arranged acquisition.
• The transaction was made pursuant to a contract, instruction, or written plan for the purchase of equity securities intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 6

Explanation: The sentiment is moderately positive. While the transaction is routine via an ESPP and not a large open-market purchase, it still represents an executive's continued investment in the company, aligning their interests with shareholders.

Positives

• Phillip D. Abraham's participation in the Employee Stock Purchase Plan demonstrates continued alignment of management's interests with those of shareholders.
• The acquisition, even if routine, signals ongoing confidence from an executive in the company's equity.

Future Outlook

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

Management Comments

• Phillip D. Abraham, EVP, Legal and Land, acquired shares through the company's Employee Stock Purchase Plan, aligning his financial interests with the company's performance.

Industry Context

Employee Stock Purchase Plans (ESPPs) are a common mechanism in the energy sector and broader industries to allow employees, including executives, to acquire company stock, fostering employee ownership and aligning interests with shareholder value. This transaction is a routine participation in such a plan.

Comparison to Industry Standards

• Employee Stock Purchase Plans are a standard benefit offered by many publicly traded companies across various industries, including the energy sector, to encourage employee ownership.
• The acquisition of shares through an ESPP by an executive is a common occurrence and generally viewed as a positive, albeit minor, indicator of continued commitment to the company.

Stakeholder Impact

• Shareholders may view this executive's continued participation in the ESPP as a positive signal of management's belief in the company's long-term prospects and commitment to aligning interests.

Key Dates

Keywords

Gran Tierra Energy, GTE, Phillip Abraham, Insider Transaction, Form 4, Employee Stock Purchase Plan, ESPP, Stock Acquisition, Executive Compensation