Granite Ridge Resources (GRNT) director takes board retainer in 4,252 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Granite Ridge Resources director Matthew Reade Miller acquired 4,252 shares of common stock as a grant for Board service for the quarter ended June 30, 2026. Under the compensation plan, he elected to receive stock instead of a cash retainer. Following this award, he holds 1,365,761 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Miller Matthew Reade
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.0001 per share | 4,252 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.0001 per share — 1,365,761 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 4,252 shares
Post-transaction holdings: 1,365,761 shares
Security: Common Stock, par value $0.0001 per share
+2 more
5 metrics
Shares granted
4,252 shares
Board retainer for quarter ended June 30, 2026
Post-transaction holdings
1,365,761 shares
Direct ownership after grant
Security
Common Stock, par value $0.0001 per share
Non-derivative equity award
Transaction price per share
$0.0000
Reported for grant on Form 4
Transaction date
June 30, 2026
Grant date for quarterly Board compensation
Key Terms
Board of Directors compensation plan, stock in lieu of the cash compensation retainer, quarter ended June 30, 2026, closing price of the common stock
4 terms
Board of Directors compensation plan financial
"Pursuant to the issuer's Board of Directors compensation plan, the reporting person elected to receive stock in lieu of the cash compensation retainer"
stock in lieu of the cash compensation retainer financial
"the reporting person elected to receive stock in lieu of the cash compensation retainer for Board service"
quarter ended June 30, 2026 financial
"cash compensation retainer for Board service for the quarter ended June 30, 2026"
closing price of the common stock financial
"The number of shares issued were calculated based on the closing price of the common stock on June 30, 2026"
FAQ
What insider transaction did Granite Ridge Resources (GRNT) report for Matthew Reade Miller?
Granite Ridge Resources reported that director Matthew Reade Miller received 4,252 shares of common stock as a grant for Board service. This equity award was part of his quarterly retainer and increased his direct holdings to 1,365,761 shares.
Was the Granite Ridge Resources (GRNT) Form 4 transaction a market purchase or a grant?
The Form 4 transaction for Granite Ridge Resources director Matthew Reade Miller was a grant, not a market purchase. He received shares as compensation for Board service after electing stock instead of cash under the company’s Board compensation plan.
Does the Granite Ridge Resources (GRNT) Form 4 indicate cash changing hands in this transaction?
The Form 4 indicates an equity grant in lieu of cash, so no open-market cash trade occurred. Matthew Reade Miller elected to receive his Board cash retainer as Granite Ridge Resources stock based on the closing share price on June 30, 2026.