STOCK TITAN

Granite Ridge (GRNT) director acquires 3,000 shares; Form 4 filed

Filing Impact
(Neutral)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

John McCartney, a director of Granite Ridge Resources, Inc. (GRNT), purchased 3,000 shares of the company's common stock on 08/13/2025 at a reported price of $5.41 per share. After the transaction he beneficially owned 72,117 shares, held directly. The Form 4 was signed on behalf of Mr. McCartney by Emily Fuquay under power of attorney on 08/14/2025. The filing uses transaction code P, indicating a purchase, and does not report any derivative transactions or additional remarks.

Positive

  • Director purchase disclosed: John McCartney acquired 3,000 shares on 08/13/2025 at $5.41, increasing direct ownership to 72,117 shares.
  • Timely disclosure and signature: Form 4 signed under power of attorney on 08/14/2025, indicating the reporting requirement was executed.

Negative

  • None.

Insights

TL;DR: A director bought 3,000 GRNT shares at $5.41, increasing direct holdings to 72,117 shares; disclosure is routine and non-material at face value.

This Form 4 documents a straightforward open-market purchase by a company director. The transaction code P and the reported price of $5.41 are consistent with an ordinary purchase rather than an option exercise or award. The increase to 72,117 shares represents the director's total direct beneficial ownership after the trade. There are no reported derivative holdings, amendments, or explanatory remarks that would indicate structured or contingent transactions. From a financial-analysis perspective, the filing is a routine insider purchase disclosure and, absent additional context on relative stake size or timing, is informational rather than materially market-moving.

TL;DR: Director-level insider disclosure completed via power of attorney; filing shows compliance with Section 16 reporting requirements.

The Form 4 indicates compliance with reporting obligations: it identifies the reporting person as a director, specifies the transaction date 08/13/2025, and records the signature executed by a power of attorney on 08/14/2025. The absence of amendments or explanatory footnotes suggests the disclosure was timely and uncomplicated. No derivative holdings or sale transactions are reported, and there are no flags or remarks suggesting governance concerns. Overall this is a routine governance disclosure documenting an insider purchase.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
MCCARTNEY JOHN

(Last) (First) (Middle)
5217 MCKINNEY AVE., SUITE 400

(Street)
DALLAS TX 75205

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Granite Ridge Resources, Inc. [ GRNT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/13/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.0001 per share 08/13/2025 P 3,000 A $5.41 72,117 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
Remarks:
/s/ Emily Fuquay, by power of attorney for John McCartney 08/14/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did John McCartney report on Form 4 for GRNT?

The Form 4 reports that director John McCartney purchased 3,000 shares of Granite Ridge Resources (GRNT) on 08/13/2025 at $5.41 per share.

How many GRNT shares does John McCartney beneficially own after the reported transaction?

The filing shows Mr. McCartney beneficially owns 72,117 shares following the purchase.

What does transaction code 'P' mean on this Form 4?

In this filing the transaction code P denotes a purchase of common stock.

Was the Form 4 signed by John McCartney?

The Form 4 was signed on behalf of John McCartney by Emily Fuquay using a power of attorney on 08/14/2025.

Did the Form 4 report any derivative securities or dispositions for GRNT?

No. The filing reports only a non-derivative purchase of common stock and does not list any derivative transactions or dispositions.
Granite Ridge Resources Inc

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