Abraham Phillip D 4

What Happened
Phillip D. Abraham, EVP, Legal and Land at Gran Tierra Energy (GTE), acquired 308 shares on June 1, 2026 through the company's Employee Stock Purchase Plan (ESPP). The filing reports a price of $7.81 per share (converted from Canadian dollars) for a total value of approximately $2,405 (USD). This was an acquisition (Form 4 code A), i.e., an employee purchase rather than a sale.

Key Details

• Transaction date: 2026-06-01
• Price: $7.81 per share (price was transacted in Canadian dollars and converted to USD)
• Shares acquired: 308; total value reported ≈ $2,405 (USD)
• Acquisition method: Employee Stock Purchase Plan (ESPP); exempt under Rule 16b-3(c) and 16b-3(d) per the filing
• Shares owned after the transaction: Not specified in the filing
• Filing date/timeliness: Form 4 filed 2026-06-03 (filed within two business days of the transaction)

Context
ESPP purchases like this are routine employee compensation transactions and are treated as exempt under Rule 16b-3, so they do not create short-swing profit exposure. Purchases by insiders can be more informative than sales, but an ESPP acquisition is a standard employee benefit and does not by itself indicate management’s change in view about the company.