Kettler Ronald Kyle 4

What Happened

• Ronald Kyle Kettler, Chief Financial Officer of Granite Ridge Resources, received equity awards on March 4, 2026. The filing shows a restricted stock award of 17,110 shares and a derivative award of 40,541 units (reported at $0.00), both recorded as grants rather than open-market purchases or sales. Reported dollar value is $0 because these are grants under the company incentive plan.

Key Details

• Transaction date(s) and price(s): 2026-03-04 — 17,110 restricted shares @ $0.00; 40,541 derivative awards @ $0.00.
• Shares owned after transaction: Not specified in the Form 4 filing.
• Notable footnotes:
  • F1: The 17,110 represents restricted stock under the 2022 Omnibus Incentive Plan; vests in three equal annual installments beginning March 4, 2027.
  • F2: The 40,541 derivative award is subject to vesting in three equal annual installments beginning March 4, 2026 (i.e., an option-like grant).
• Filing date and timeliness: Form 4 filed March 6, 2026. This appears timely (filed within two business days of the March 4 transactions).

Context

• These transactions are grants (compensation), not purchases or sales; they do not represent immediate insider buying or selling pressure. The restricted shares and derivative awards vest over multi-year schedules, meaning the economic benefit is tied to continued service and future vesting events. The derivative award appears to be option-like (vests in installments) and was not exercised or sold in this filing.