Granite Ridge CFO buys 6,000 shares at $5.05
Granite Ridge Resources’ chief financial officer increased his direct ownership through an open-market stock purchase.
Rhea-AI Filing Summary
Granite Ridge Resources, Inc. (GRNT) reported that Chief Financial Officer Ronald Kyle Kettler purchased common stock on September 4, 2026. He bought 6,000 shares of common stock at $5.05 per share in an open-market or private transaction and now directly holds 135,276 shares. No Rule 10b5-1 trading plan is reported for this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 6,000 shares
Net Buy
1 txn
Insider
Kettler Ronald Kyle
Role
Chief Financial Officer
Bought
6,000 shs ($30K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $0.0001 per share | 6,000 | $5.05 | $30K |
Holdings After Transaction:
Common Stock, par value $0.0001 per share — 135,276 shares (Direct)
Key Figures
Shares purchased: 6,000 shares
Purchase price per share: $5.05 per share
Shares owned after transaction: 135,276 shares
+1 more
4 metrics
Shares purchased
6,000 shares
Common stock bought on September 4, 2026
Purchase price per share
$5.05 per share
Open-market or private purchase on September 4, 2026
Shares owned after transaction
135,276 shares
Direct holdings of CFO Ronald Kyle Kettler after the purchase
Net shares bought
6,000 shares
Net buy volume reported in this Form 4
Key Terms
Rule 10b5-1 trading plan, open-market or private transaction, par value
3 terms
Rule 10b5-1 trading plan regulatory
"No Rule 10b5-1 trading plan is reported for this transaction"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market or private transaction financial
"purchase in open market or private transaction"
par value financial
"Common Stock, par value $0.0001 per share"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
FAQ
What insider transaction did GRNT report for its CFO Ronald Kyle Kettler?
Granite Ridge Resources reported that CFO Ronald Kyle Kettler purchased 6,000 shares of common stock on September 4, 2026 in an open-market or private transaction at $5.05 per share.
Was the GRNT CFO’s stock purchase made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not marked, so no Rule 10b5-1 trading plan is reported for this purchase.
Is the GRNT CFO’s ownership direct or indirect after this transaction?
The filing shows the CFO’s 135,276 shares are held with direct ownership, as indicated by the direct ownership code in the Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.