Abraham Phillip D 4
Research Summary
AI-generated summary
Gran Tierra (GTE) EVP Phillip D. Abraham Receives 268 Shares
What Happened
- Phillip D. Abraham, Executive Vice President, Legal and Land at Gran Tierra Energy Inc. (GTE), acquired 268 shares on May 1, 2026. The shares were recorded at $9.17 each (U.S. equivalent), for a total value of approximately $2,458. The acquisition is reported as an award/grant/other acquisition (code A) under the Form 4.
Key Details
- Transaction date: May 1, 2026. Filing date: May 4, 2026 (timely filed).
- Price/value: 268 shares at $9.17 per share (U.S. equivalent) — total ≈ $2,458.
- How acquired: Through the Gran Tierra Inc. Employee Stock Purchase Plan (ESPP).
- Exemption: Transaction was exempt under Rule 16b-3(c) and 16b-3(d) (typical exemptions for compensatory and employee benefit plan transactions).
- Currency: 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 excerpt.
Context
- This was a small purchase via an employee stock purchase plan, a common way for employees to acquire company stock. Such ESPP acquisitions are generally routine and are covered by the Rule 16b-3 exemptions cited; they do not by themselves indicate the insider’s broader trading intentions.