Perry Griffin 4
4 · Granite Ridge Resources, Inc. · Filed May 18, 2026
Research Summary
AI-generated summary of this filing
Granite Ridge (GRNT) Director Perry Griffin Buys 100,000 Shares
What Happened Perry Griffin, a director of Granite Ridge Resources, Inc. (GRNT), reported a purchase of 100,000 common shares on 2026-05-18. The shares were acquired at $5.49 per share for a total reported outlay of $549,000. The transaction is coded "P" (purchase) and is described as an open-market or private purchase.
Key Details
- Transaction date and price: 2026-05-18 at $5.49 per share.
- Shares acquired: 100,000; transaction value: $549,000.
- Transaction code: P = Purchase (open-market or private purchase).
- Shares owned after transaction: not specified in the provided filing.
- Filing timeliness: Form 4 filed on 2026-05-18 (same date as the transaction), indicating a timely report.
- No footnotes, 10b5-1 plan, tax-withholding, option exercise, or gift language was reported in the filing excerpt provided.
Context This was a straightforward equity purchase by a company director. Purchases by insiders can be interpreted by some investors as a vote of confidence in the company, but they do not guarantee future performance. There are no derivative actions (exercises or sales) or other complicating factors reported in this filing.
Insider Transaction Report
- Purchase
Common Stock, par value $0.0001 per share
2026-05-18$5.49/sh+100,000$549,000→ 1,163,903 total