Weimer Kimberly 4
4 · Granite Ridge Resources, Inc. · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Granite Ridge (GRNT) CAO Kimberly Weimer Forfeits Shares for Taxes
What Happened
Kimberly Weimer, Chief Accounting Officer of Granite Ridge Resources (GRNT), forfeited a total of 2,642 shares to satisfy tax withholding related to the vesting of previously awarded restricted stock. The transactions were: 1,543 shares withheld at $5.34 each on 2026-03-05 (≈ $8,240) and 1,099 shares withheld at $5.02 each on 2026-03-06 (≈ $5,517). These were not open-market sales but shares withheld to pay taxes.
Key Details
- Transaction dates & prices: Mar 5, 2026 — 1,543 shares @ $5.34; Mar 6, 2026 — 1,099 shares @ $5.02.
- Total forfeited: 2,642 shares; total value ≈ $13,757.
- Filing date: Form 4 filed 2026-03-09 (appears timely — within the standard two business days).
- Footnote: F1 — shares forfeited to pay taxes upon vesting of restricted stock under the Granite Ridge Resources, Inc. 2022 Omnibus Incentive Plan. (Transaction code F = tax withholding.)
- Shares owned after transaction: Not specified in the provided filing details.
Context
Tax-withholding forfeitures are routine when restricted stock vests; they’re an administrative action rather than a market sell signal. Because shares were withheld to cover tax obligations, these transactions should not be interpreted as a directional buy/sell signal by the insider.
Insider Transaction Report
- Tax Payment
Common Stock, par value $0.0001 per share
[F1]2026-03-05$5.34/sh−1,543$8,240→ 99,013 total - Tax Payment
Common Stock, par value $0.0001 per share
[F1]2026-03-06$5.02/sh−1,099$5,517→ 97,914 total
Footnotes (1)
- [F1]Number of shares forfeited for payment of taxes upon vesting of previously awarded restricted stock pursuant to the Granite Ridge Resources, Inc. 2022 Omnibus Incentive Plan.