MCCARTNEY JOHN 4

What Happened

• John McCartney, a director of Granite Ridge Resources, purchased 3,000 common shares in an open-market transaction on 2026-05-19 at $5.81 per share, for a total cost of $17,430. This was a straightforward purchase (code P), which is generally considered a direct buy of stock rather than a derivative or grant.

Key Details

• Transaction date: 2026-05-19
• Price per share: $5.81; Total value: $17,430
• Transaction type: Open market purchase (Form 4 code P)
• Filing date: 2026-05-20 (filed next day; appears timely)
• Shares owned after transaction: Not specified in the information provided in this summary
• No footnotes, 10b5-1 plan, tax withholding, or derivative activity were indicated in the provided transaction data

Context

• Open-market purchases by directors are direct equity buys and can be interpreted as a personal investment in the company, but they do not by themselves explain the insider’s motivation. There is no indication this involved option exercise, gift, or immediate sale.