Granite Ridge Resources, Inc.·4

Mar 11, 11:50 AM ET

Miller Matthew Reade 4

Research Summary

AI-generated summary

Updated

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.