Granite Ridge Resources, Inc.·4

May 22, 12:37 PM ET

MCCARTNEY JOHN 4

Research Summary

AI-generated summary

Updated

Granite Ridge (GRNT) Director John McCartney Buys 4,000 Shares

What Happened
John McCartney, a director of Granite Ridge Resources, purchased 4,000 shares on 2026-05-21 at $5.54 per share, for a total transaction value of $22,160. The transaction is coded as a purchase (P) on the Form 4.

Key Details

  • Transaction date and price: 2026-05-21, 4,000 shares at $5.54 each.
  • Total value: $22,160.
  • Transaction type: Purchase (Form 4 code P) — described as an open-market or private purchase.
  • Shares owned after the transaction: Not specified in the provided filing excerpt.
  • Filing: Report filed 2026-05-22 (covers the 2026-05-21 transaction) — appears timely under Form 4 reporting rules.
  • Footnotes/plan: No 10b5-1 plan, tax-withholding, or other footnotes noted in the provided information.

Context

  • Purchases by insiders can be interpreted as a positive signal, but this was a relatively small transaction (~$22k) and should be weighed with other information about the company and insider holdings.
  • This summary is factual and does not speculate on the insider's motives. If you need the complete Form 4 text (ownership after the trade or additional footnotes), consult the SEC filing (Accession: 0001628280-26-037613).