Evans Jim 4
Research Summary
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Gran Tierra (GTE) EVP Jim Evans Receives 176-Share Award
What Happened Jim Evans, Executive Vice President, Corporate Services at Gran Tierra Energy Inc. (GTE), acquired 176 shares on June 16, 2026. The filing reports a price of $7.64 per share (USD equivalent) for a total transaction value of approximately $1,345. The shares were obtained through Gran Tierra’s Employee Stock Purchase Plan and treated as an acquisition/award (transaction code A).
Key Details
- Transaction date: June 16, 2026; Filing date: June 18, 2026 (timely).
- Shares acquired: 176 at $7.64 per share (reported in USD equivalent); total ≈ $1,345.
- Transaction method: Employee Stock Purchase Plan; exempt under Rule 16b-3(c) and 16b-3(d) (see footnote).
- Currency: Purchase was transacted in Canadian dollars and converted to U.S. dollars (footnote).
- Shares owned after the transaction: not stated in the provided filing.
Context Purchases through an Employee Stock Purchase Plan are routine compensation-related acquisitions (often via payroll deductions) and are generally considered less informative than large open-market buys. This is a modest-sized acquisition by an executive and does indicate an insider purchase rather than a sale, but it is small in value and likely part of standard employee compensation.