MCCARTNEY JOHN 4

What Happened

• John McCartney, a director of Granite Ridge Resources, Inc. (GRNT), acquired 5,000 shares in an open-market/private purchase (transaction code P) on 2026-03-12 at $5.16 per share, for a total cost of $25,800. This was a purchase (insider buying), which some investors view as a positive signal, though the filing does not state his motivation.

Key Details

• Transaction date: 2026-03-12; Price: $5.16 per share; Total value: $25,800.
• Transaction type/code: Purchase (P) — open-market or private purchase as reported.
• Filing date: 2026-03-16 for the 2026-03-12 transaction — appears to be filed within the typical 2-business-day Form 4 window.
• Shares owned following the transaction: Not disclosed in the provided filing excerpt.
• No 10b5-1 plan, tax withholding, or other footnotes were indicated in the information provided.

Context

• Insider purchases can be informative to retail investors because they reflect the actions of company insiders, but filings do not reveal intent. The purchase size here ($25.8k) is relatively modest; interpret accordingly and consider broader patterns (multiple purchases, size, and timing) before drawing conclusions.