Abraham Phillip D 4
Research Summary
AI-generated summary
Gran Tierra (GTE) EVP Phillip D. Abraham Receives 373 Shares
What Happened
Phillip D. Abraham, EVP, Legal and Land at Gran Tierra Energy Inc. (GTE), acquired 373 common shares on July 2, 2026 at a reported price of $6.30 per share, a total value of approximately $2,350 (purchase transacted in Canadian dollars and converted to U.S. dollars). The transaction is listed as an acquisition under the company's employee stock purchase plan.
Key Details
- Transaction date: 2026-07-02
- Filing date (Form 4): 2026-07-06
- Transaction type/code: Acquisition (A) via Employee Stock Purchase Plan
- Price per share: $6.30; Total reported value: ~$2,350 (CAD→USD conversion noted)
- Footnotes: Acquired under the Gran Tierra Inc. Employee Stock Purchase Plan and reported as exempt under Rule 16b-3(d) and 16b-3(c) (compensatory plan exemptions).
- Shares owned after transaction: Not specified in the provided filing details.
- Timeliness: No late-filing flag was included in the provided data.
Context
This was a small purchase through an employee plan (routine compensatory acquisition) rather than an open-market buy. Such ESPP transactions are common for employees and are reported under specific Rule 16b-3 exemptions; they do not by themselves indicate a change in insider sentiment.