Granite Ridge (GRNT) Director Thaddeus Darden Receives 220,418 Shares

What Happened

• Thaddeus Darden, a director of Granite Ridge Resources, Inc. (GRNT), was reported on a Form 4 as acquiring 220,418 shares on 2026-08-19. The shares were recorded at $0.00 (no cash paid), reflecting an other acquisition (transaction code J) rather than an open-market purchase.

Key Details

• Transaction date: 2026-08-19; Form filed: 2026-08-21 (filed two days after the transaction).
• Price: $0.00 per share; total recorded value $0.
• Shares acquired: 220,418.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 indicates the shares were a pro rata distribution from GREP Holdco III-B Holdings, LLC and related Grey Rock Energy Partners GP entities. F2 states the reporting person disclaims beneficial ownership except to the extent of his pecuniary interest.
• Transaction code: J (other acquisition/disposition) — here it reflects a distribution/transfer, not a purchase or option exercise.

Context

• An acquisition recorded at $0 typically means the shares were distributed or reallocated from affiliated entities (e.g., fund-level distributions) rather than bought on the open market; such transfers do not necessarily indicate the insider’s direct market sentiment.
• The filing appears to have been submitted within the normal two-business-day Form 4 window.