Miller Matthew Reade 4
Research Summary
AI-generated summary
Granite Ridge (GRNT) Director Matthew Miller Buys 10,000 Shares
What Happened
Matthew Reade Miller, a director of Granite Ridge Resources, acquired 10,000 shares on 2026-03-10 at $5.10 per share, for a total cost of $51,000. The transaction is reported as a purchase (transaction code P), indicating an open-market or private purchase.
Key Details
- Transaction date: 2026-03-10; Filing date: 2026-03-11 (Form 4 accession 0001628280-26-016706) — appears timely.
- Price per share: $5.10; Shares acquired: 10,000; Total value: $51,000.
- Transaction type: Purchase (code P) — open-market or private purchase.
- Shares owned after transaction: Not disclosed in the provided filing details.
- Footnotes/plan info: No 10b5-1 plan, tax withholding, or other footnotes provided in the supplied data.
Context
Insider purchases can be interpreted as a positive signal since company insiders are buying stock, but motivations are not stated in the filing. The purchase size here ($51K) is modest; investors should consider this alongside other filings and company fundamentals.