Granite Ridge (GRNT) Director John Cocke Receives 1,010 Shares

What Happened

• John Cocke, a director of Granite Ridge Resources, received 1,010 shares on 2026-09-30 as an award/acquisition. The Form 4 shows the acquisition price as $0 because the shares were issued in lieu of cash compensation; the number of shares was calculated using the company’s closing stock price on September 30, 2026 (per footnote).

Key Details

• Transaction date: 2026-09-30; Form 4 filed 2026-10-01 (within the typical two-business-day reporting window).
• Transaction type/code: A (award/grant or other acquisition).
• Shares acquired: 1,010; $ amount shown on the form: $0 (non-cash issuance).
• Shares owned after the transaction: not specified in the provided filing summary.
• Footnote: The shares were issued pursuant to the issuer’s Board compensation plan; the reporting person elected to receive stock in lieu of one-half of the cash retainer for the portion of the quarter served on the Board, with shares calculated using the 9/30/2026 close.

Context

• This was a compensation issuance (stock in lieu of cash), not an open-market purchase or a sale. Such issuances reflect routine director compensation and are not necessarily a signal of the director’s market view.