Granite Ridge Resources (GRNT) director adds 18,180 shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Granite Ridge Resources, Inc. director Matthew Reade Miller reported an open-market purchase of the company’s common stock. On May 13, 2026, he bought 18,180 shares of common stock at a price of $5.21 per share.
Following this transaction, Miller directly owns 1,350,213 shares of Granite Ridge Resources common stock. The filing shows this as a straightforward open-market purchase with direct ownership and no derivative securities reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 18,180 shares ($94,718)
Net Buy
1 txn
Insider
Miller Matthew Reade
Role
null
Bought
18,180 shs ($95K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $0.0001 per share | 18,180 | $5.21 | $95K |
Holdings After Transaction:
Common Stock, par value $0.0001 per share — 1,350,213 shares (Direct, null)
Footnotes (1)
Key Figures
Shares purchased: 18,180 shares
Purchase price: $5.21 per share
Shares owned after transaction: 1,350,213 shares
+1 more
4 metrics
Shares purchased
18,180 shares
Open-market purchase on May 13, 2026
Purchase price
$5.21 per share
Open-market buy of common stock
Shares owned after transaction
1,350,213 shares
Director’s direct holdings post-transaction
Net buy shares
18,180 shares
Net share change from reported Form 4
Key Terms
open-market purchase, Common Stock, par value $0.0001 per share, Form 4
3 terms
open-market purchase financial
"transaction_action: "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Granite Ridge Resources (GRNT) report?
Granite Ridge Resources reported that director Matthew Reade Miller made an open-market purchase of 18,180 common shares at $5.21 per share. This transaction was disclosed on Form 4 and reflects a direct ownership increase in the company’s stock.
What are Matthew Reade Miller’s holdings in Granite Ridge Resources (GRNT) after the transaction?
After the reported transaction, Matthew Reade Miller directly owns 1,350,213 shares of Granite Ridge Resources common stock. This post-transaction figure includes the 18,180 shares purchased at $5.21 per share in the open market on May 13, 2026.
Was the Granite Ridge Resources (GRNT) insider transaction a purchase or a sale?
The insider transaction was a purchase. Director Matthew Reade Miller executed an open-market buy of 18,180 Granite Ridge Resources common shares at $5.21 per share, increasing his direct ownership to 1,350,213 shares according to the Form 4 disclosure.
Does the Granite Ridge Resources (GRNT) Form 4 show any derivative securities activity?
The Form 4 does not show any derivative securities activity. It reports only a non-derivative transaction, specifically an open-market purchase of 18,180 common shares at $5.21 per share, resulting in direct ownership of 1,350,213 Granite Ridge Resources shares.