Abraham Phillip D 4
Research Summary
AI-generated summary
Gran Tierra (GTE) EVP Abraham Phillip D Receives 285 Shares
What Happened
- Abraham Phillip D, EVP, Legal and Land at Gran Tierra Energy Inc. (GTE), acquired 285 shares on March 17, 2026. The reported per-share price was $8.56 (total ~$2,440). The transaction is reported as an award/acquisition (code A).
Key Details
- Transaction date and price: 2026-03-17, 285 shares at $8.56 each (total ≈ $2,440).
- Filing date: 2026-03-19 (filed two days after the transaction; appears timely under Form 4 rules).
- Shares owned after the transaction: Not specified in the provided filing.
- Footnotes:
- F1: Shares were acquired through the Gran Tierra Inc. Employee Stock Purchase Plan and the transaction was exempt under Rule 16b-3(d) and Rule 16b-3(c).
- F2: Purchase price was transacted in Canadian dollars and converted to U.S. dollars for reporting.
- Transaction code: A = award/grant/other acquisition.
Context
- This was a purchase via an employee stock purchase plan (a common, compensatory plan); such purchases can be viewed as a routine way for insiders to accumulate company stock and are generally more informative than sales, but do not on their own indicate the insider’s broader market view. The exemption under Rule 16b-3 indicates the transaction fits standard insider-plan rules.