MCCARTNEY JOHN 4
4 · Granite Ridge Resources, Inc. · Filed Mar 12, 2026
Research Summary
AI-generated summary of this filing
Granite Ridge (GRNT) Director John McCartney Buys 2,000 Shares
What Happened
John McCartney, a director of Granite Ridge Resources, purchased 2,000 shares on 2026-03-11 at $5.12 per share, for a total cash outlay of approximately $10,240. The transaction is coded as a purchase (P), which is generally viewed as a constructive/positive signal compared with a sale, though motivations are not disclosed.
Key Details
- Transaction date: 2026-03-11; Filing date (Form 4): 2026-03-12 (timely filing).
- Price: $5.12 per share; Shares purchased: 2,000; Total value: ~$10,240.
- Transaction type/code: Purchase (P) — open market or private purchase (as reported).
- Shares owned after transaction: Not specified in this Form 4 filing.
- Footnotes/notable items: No 10b5-1 plan, tax withholding, or other special footnotes reported in this filing.
Context
This is a small insider purchase by a director, which may signal personal confidence but does not, by itself, prove a material change in company prospects. Retail investors often watch insider buys as one of several signals; consider this alongside company fundamentals, trading volume, and other insider filings.
Insider Transaction Report
- Purchase
Common Stock, par value $0.0001 per share
2026-03-11$5.12/sh+2,000$10,240→ 131,143 total