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.
FAQ
What insider transaction did GRNT report?
How many GRNT shares does John McCartney beneficially own after the transaction?
Who signed the Form 4 for GRNT and when?
Were any derivative securities reported in this GRNT filing?
What was the transaction price per share in the GRNT Form 4?