Granite Ridge Resources (GRNT) director receives 593K in $0 restructuring

Rhea-AI Filing Summary

Granite Ridge Resources, Inc. (GRNT) director Kirk Lazarine reported acquiring 592,733 shares of common stock on August 19, 2026 in an "other" transaction classified as a restructuring. The shares were received in a pro rata distribution from GREP Holdco III-B Holdings, LLC and two Grey Rock Energy Partners GP III entities. Following this distribution, Lazarine directly holds 1,660,756 shares of Granite Ridge Resources common stock.

Insider Trade Summary

Net Buyer: 592,733 shares

Net Buy 1 txn

Insider Lazarine Kirk

Role Director

Type	Security	Shares	Price	Value
Other	Common Stock, par value $0.0001 per share F1	592,733	$0.00	$0.00

Holdings After Transaction: Common Stock, par value $0.0001 per share — 1,660,756 shares (Direct)

Footnotes (1)

1. F1. Pro rata distribution from GREP Holdco III-B Holdings, LLC as well as Grey Rock Energy Partners GP III-A, L.P. and Grey Rock Energy Partners GP III-B, L.P.

Key Figures

Shares acquired: 592,733 shares Price per share: $0.00 per share Shares owned after transaction: 1,660,756 shares +1 more

4 metrics

Shares acquired 592,733 shares Code J other acquisition on August 19, 2026

Price per share $0.00 per share Reported for the restructuring distribution transaction

Shares owned after transaction 1,660,756 shares Direct holdings of common stock following the transaction

Restructuring shares 592,733 shares Shares involved in restructuring-type transaction per filing summary

Key Terms

pro rata distribution, Common Stock, par value $0.0001 per share, other acquisition or disposition, restructuring

4 terms

pro rata distribution financial

"Pro rata distribution from GREP Holdco III-B Holdings, LLC as well as Grey Rock"

A pro rata distribution is when a company or organization shares out money, assets, or benefits evenly among all eligible people based on their size or share. For example, if a company makes a profit and distributes it to shareholders, each person gets a portion proportional to how many shares they own. It ensures everyone gets their fair part based on their ownership or stake.

Common Stock, par value $0.0001 per share financial

"security_title: Common Stock, par value $0.0001 per share"

other acquisition or disposition financial

"transaction_code_description: Other acquisition or disposition"

restructuring financial

"restructuringCount and restructuringShares in transactionSummary"

Restructuring is a deliberate rearrangement of a company’s operations, finances, or ownership—like reorganizing a cluttered house to run more efficiently—often involving cost cuts, asset sales, debt changes, or staff moves. Investors pay attention because restructuring can improve profitability and free up cash, but it can also signal distress, incur one-time costs, or dilute shareholder value; its success affects future earnings and stock performance.

FAQ

What did Granite Ridge Resources (GRNT) director Kirk Lazarine report on this Form 4?

Kirk Lazarine reported acquiring 592,733 shares of Granite Ridge Resources common stock on August 19, 2026 through an "other" transaction classified as a restructuring, received via a pro rata distribution from affiliated investment entities.

How many GRNT shares does Kirk Lazarine hold after the reported transaction?

After the reported transaction, Kirk Lazarine directly holds 1,660,756 shares of Granite Ridge Resources, Inc. common stock, as stated in the Form 4 filing.

What type of transaction was reported in this Granite Ridge Resources (GRNT) Form 4?

The Form 4 reports a Code J "other acquisition or disposition" of common stock, identified in the filing summary as a restructuring transaction rather than a market purchase or sale.

What was the price per share for the GRNT stock in Kirk Lazarine’s Form 4 transaction?

The reported transaction price per share was $0.00, consistent with the shares being received via a pro rata distribution rather than purchased in the open market.

From where did Kirk Lazarine receive the GRNT shares in this Form 4?

The filing notes the shares came from a pro rata distribution by GREP Holdco III-B Holdings, LLC, Grey Rock Energy Partners GP III-A, L.P., and Grey Rock Energy Partners GP III-B, L.P..

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/21/2026 - 12:35 PM Accepted by SEC EDGAR 08/21/2026 - 12:35 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lazarine Kirk

(Last) (First) (Middle)

5217 MCKINNEY AVE., SUITE 400

(Street)

DALLAS TEXAS 75205

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Granite Ridge Resources, Inc. [ GRNT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/19/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.0001 per share	08/19/2026		J(1)		592,733	A	$0	1,660,756	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Pro rata distribution from GREP Holdco III-B Holdings, LLC as well as Grey Rock Energy Partners GP III-A, L.P. and Grey Rock Energy Partners GP III-B, L.P.

Remarks:

	/s/ Emily Fuquay, by power of attorney for Kirk Lazarine	08/21/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)