Evans Jim 4
Research Summary
AI-generated summary
Gran Tierra Energy (GTE) EVP Jim Evans Buys 138 Shares
What Happened
- Jim Evans, EVP, Corporate Services of Gran Tierra Energy Inc., acquired 138 common shares on April 16, 2026 at a reported price of $9.78 per share, for a total approximate value of $1,350. The purchase was made through Gran Tierra’s Employee Stock Purchase Plan (ESPP) and was reported on a Form 4 filed April 20, 2026.
- This is an acquisition (purchase) rather than a sale. The transaction amount is modest, so while purchases can be interpreted as a positive signal, the dollar value here is small.
Key Details
- Transaction date: 2026-04-16; Form 4 filed: 2026-04-20 (timely filed within required window).
- Shares acquired: 138 at $9.78 per share (total ≈ $1,350).
- Method: Gran Tierra Inc. Employee Stock Purchase Plan (ESPP).
- Footnotes: Transaction exempt under Rule 16b-3(c) and 16b-3(d); purchase price was transacted in Canadian dollars and converted to U.S. dollars for reporting.
- Shares owned after transaction: Not specified in the provided filing.
Context
- ESPP purchases are routine compensation-related acquisitions for employees and are often exempt under Rule 16b-3 when made under a company plan.
- The trade is small in dollar terms and does not by itself provide strong insight into company outlook; it is nonetheless a routine insider buy reported under SEC rules.