Evans Jim 4
Research Summary
AI-generated summary
Gran Tierra (GTE) EVP Jim Evans Receives 160-Share Award
What Happened Jim Evans, EVP of Corporate Services at Gran Tierra Energy (GTE), acquired 160 shares on March 17, 2026. The transaction is reported at $8.56 per share for a total of approximately $1,370 (U.S. dollars). This was an acquisition through the company's employee stock purchase plan, not an open-market buy or an option exercise.
Key Details
- Transaction date and price: March 17, 2026 — 160 shares at $8.56/share (total ≈ $1,370 USD).
- Transaction type: Acquisition via Employee Stock Purchase Plan (reported as an award/grant/acquisition).
- Footnotes: (1) Shares acquired through the Gran Tierra Inc. Employee Stock Purchase Plan and exempt under Rule 16b-3(d) and 16b-3(c). (2) Purchase was transacted in Canadian currency and converted to U.S. dollars for reporting.
- Filing timing: Report filed March 19, 2026 (within the typical two-business-day Form 4 reporting window).
- Shares owned after transaction: Not specified in the provided filing excerpt.
Context This was a routine employee purchase under the company's ESPP. Such purchases are common for employees and, while purchases can be more informative than sales, this small-value transaction alone should not be taken as a strong signal about management’s view of the stock.