Granite Ridge (GRNT) Director Reports 3,000-Share Purchase at $5.34
Rhea-AI Filing Summary
Granite Ridge Resources director John McCartney reported a purchase of 3,000 common shares on 08/12/2025 at $5.34 per share, raising his beneficial ownership to 69,117 shares. The Form 4 was signed on 08/13/2025 by Emily Fuquay by power of attorney. No derivative securities were reported and the filing was submitted by one reporting person.
Positive
- Director John McCartney purchased 3,000 shares at $5.34, increasing reported beneficial ownership to 69,117 shares
Negative
- None.
Insights
TL;DR: Director purchase of 3,000 shares at $5.34 increases reported beneficial holdings to 69,117 shares.
The Form 4 discloses a straightforward open-market purchase by director John McCartney on 08/12/2025: 3,000 common shares at $5.34 each. The filing indicates the transaction was reported by a single reporting person and was signed by Emily Fuquay by power of attorney on 08/13/2025. There are no derivative instruments disclosed in Table II. This is a routine Section 16 filing documenting an insider purchase; the filing contains only the transaction details provided.
TL;DR: Form 4 documents an insider purchase by a director, filed via power of attorney.
John McCartney is identified as a director and the reporting person. The Form 4 reports the acquisition of 3,000 shares at $5.34 on 08/12/2025 and lists beneficial ownership after the transaction as 69,117 shares. The signature block shows the form was executed by a named attorney-in-fact on 08/13/2025. No amendments or additional relationships are indicated. The disclosure is limited to the facts in the filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $0.0001 per share | 3,000 | $5.34 | $16K |
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