Farquharson Tyler 4

What Happened
Tyler Farquharson, President and CEO of Granite Ridge Resources, reported a purchase of 10,000 shares on 2026-05-13 at $5.15 per share, for a total cash outlay of $51,500. The Form 4 classifies the transaction as a purchase (code P) and lists it as an "open market or private purchase."

Key Details

• Transaction date: 2026-05-13; Price: $5.15 per share; Shares acquired: 10,000; Total value: $51,500.
• Transaction type: Purchase (Form 4 code P); filing describes "open market or private purchase" but does not specify which.
• Shares owned following the transaction: not specified in the provided filing details.
• No footnotes indicating a 10b5-1 plan, tax withholding, gift, or option exercise were reported.
• Filing timeliness: Form 4 was filed on 2026-05-13 (same day), so the report appears timely.

Context
This was a straight equity purchase (not an option exercise or gift). Insider purchases are often watched by investors as one data point about management's view of the company's prospects, but a single transaction should be considered alongside other filings and company fundamentals.