SEC Filing Analysis: GRAN TIERRA ENERGY INC. (GTE)

Executive Summary

• Trading Significance: Low
• Key Takeaway: The Chief Operating Officer acquired a small number of shares through a routine Employee Stock Purchase Plan (ESPP).
• Market Impact: Negligible, as the transaction is programmatic and represents an insignificant portion of the company's market capitalization.

Company Information

Field	Value
Company	GRAN TIERRA ENERGY INC.
Ticker Symbol	GTE
CIK	0001273441
Industry	CRUDE PETROLEUM & NATURAL GAS

Insider Information

Field	Value
Name	Morin Sebastien
CIK	0002001396
Title/Position	Chief Operating Officer
Relationship	Officer

Transaction Details

Field	Value
Form Type	4
Transaction Date	2025-12-16
Transaction Code	A (Acquisition, not an open market transaction)
Security Type	Common Stock
Shares Involved	765
Price Per Share	$3.96
Total Value	$3,029.40
Shares Owned After	29,761
Ownership Type	Direct

Financial Impact Assessment

Transaction Materiality

Metric	Value
Transaction Value	$3,029.40
% of Market Cap	0.002%
Shares Transacted	765
% of Shares Outstanding	0.002%
Post-Transaction Ownership	29,761 shares (0.084% of outstanding)
Materiality Assessment	Low

Impact Evaluation

• Market Cap Context: The transaction value of ~$3k is immaterial against Gran Tierra's $150 million market capitalization.
• Transaction Significance: The acquisition represents a tiny fraction of both market cap (0.002%) and shares outstanding (0.002%), falling well below any threshold for significance.

Additional Context

Transaction Notes

• Special Circumstances: The filing's footnote confirms these shares were acquired via the company's Employee Stock Purchase Plan (ESPP), which is a routine, non-discretionary transaction.