Guidry Gary 4
Research Summary
AI-generated summary
Gran Tierra (GTE) CEO Gary Guidry Acquires 498 Shares
What Happened
Gary Guidry, President & CEO and a director of Gran Tierra Energy Inc. (GTE), acquired 498 shares on March 17, 2026 through the company's Employee Stock Purchase Plan (ESPP). The reported purchase price converts to $8.56 per share and a total of approximately $4,263 (U.S. dollars). This was an acquisition (transaction code A), a routine employee purchase rather than a sale.
Key Details
- Transaction date: 2026-03-17; Form 4 filed 2026-03-19 (timely filing).
- Shares acquired: 498 at CA$ price converted to US$8.56 per share (total ≈ $4,263 USD).
- Shares owned after transaction: not specified in the submitted Form 4.
- Footnotes: (1) Shares were acquired via the Gran Tierra Inc. Employee Stock Purchase Plan and the transaction was exempt under Rule 16b-3(d) and 16b-3(c). (2) The purchase price was transacted in Canadian currency and converted to U.S. dollars.
- Transaction type: A = award/acquisition (ESPP purchase).
Context
Employee Stock Purchase Plan acquisitions are common for executives and employees and are generally considered routine compensation/benefit activity. The dollar amount here is modest, so while it is a purchase (which can be a positive signal), it is small in absolute terms and should be interpreted accordingly.