Perry Griffin 4
Research Summary
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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.