Granite Ridge Resources (GRNT) director receives 592,733-share distribution
Rhea-AI Filing Summary
Granite Ridge Resources, Inc. (GRNT) director Perry Griffin reported an acquisition of 592,733 shares of common stock on August 19, 2026, coded as an "other" transaction related to a restructuring. The shares came via a pro rata distribution from GREP Holdco III-B Holdings, LLC and related Grey Rock Energy Partners entities. Following this transaction, Griffin directly holds 1,756,636 common shares of Granite Ridge Resources. No per-share price was reported for this distribution.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 592,733 shares
Net Buy
1 txn
Insider
Perry Griffin
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 — 1,756,636 shares (Direct)
Footnotes (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
Shares owned after transaction: 1,756,636 shares
Transaction price per share: $0.0000 per share
+2 more
5 metrics
Shares acquired
592,733 shares
Common Stock acquired on August 19, 2026 in a code J restructuring transaction
Shares owned after transaction
1,756,636 shares
Direct holdings of Granite Ridge Resources common stock following the reported transaction
Transaction price per share
$0.0000 per share
Reported price for the restructuring-related pro rata distribution
Restructuring shares
592,733 shares
Shares attributed to restructuring (transaction code J) in transaction summary
Transaction date
August 19, 2026
Date of the non-derivative common stock acquisition
Key Terms
pro rata distribution, Common Stock, par value $0.0001 per share, Other acquisition or disposition
3 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.
Other acquisition or disposition financial
"transaction_code_description: Other acquisition or disposition"
FAQ
What insider transaction did GRNT director Perry Griffin report on this Form 4?
Perry Griffin reported acquiring 592,733 shares of Granite Ridge Resources, Inc. common stock on August 19, 2026, in a transaction coded "J" for other acquisition or disposition related to a restructuring and pro rata distribution.
Was Perry Griffin’s GRNT transaction under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed (set to false), so the transaction is not reported as having been made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.