MCCARTNEY JOHN 4
Research Summary
AI-generated summary
Granite Ridge (GRNT) Director John McCartney Buys 4,000 Shares
What Happened
John McCartney, a director of Granite Ridge Resources, Inc. (GRNT), reported a purchase of 4,000 shares on 2026-06-10. The transaction was reported on a Form 4 filed 2026-06-11. Shares were acquired at $4.96 each for a total reported value of $19,840. The filing lists the transaction as a purchase (code P — open market or private purchase).
Key Details
- Transaction date: 2026-06-10; Price: $4.96 per share; Total value: $19,840.
- Reporting filed: Form 4 dated 2026-06-11 (appears timely, filed the next day).
- Shares owned after transaction: Not disclosed in the provided filing details.
- Footnotes/plan info: None reported in the supplied data (no 10b5-1, tax withholding, or award notes indicated).
Context
- This was a straight purchase rather than a sale or option exercise; purchases by insiders can be interpreted as a personal investment but do not prove future company performance.
- No indication in the provided data that the shares were acquired through a prearranged plan or were part of compensation.