Granite Ridge (GRNT) director reports 16,026-share restricted stock grant
Rhea-AI Filing Summary
Granite Ridge Resources, Inc. director Thaddeus Darden reported receiving a restricted stock award of 16,026 shares of common stock on 01/02/2026 under the company’s 2022 Omnibus Incentive Plan. The award was granted at a price of $0 per share and will fully vest on January 2, 2027, meaning the shares become fully owned by him on that date if conditions are met. Following this grant, he beneficially owns 370,684 shares directly and 48,487 shares indirectly through Monticello Avenue LLC, for which he disclaims beneficial ownership except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.0001 per share | 16,026 | $0.00 | -- |
| holding | Common Stock, par value $0.0001 per share | -- | -- | -- |
Footnotes (1)
- Represents a restricted stock award, granted under the Granite Ridge Resources, Inc. 2022 Omnibus Incentive Plan, which will fully vest on January 2, 2027. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
FAQ
What insider transaction did Granite Ridge Resources (GRNT) report in this Form 4?
Granite Ridge Resources reported that director Thaddeus Darden received a restricted stock award of 16,026 shares of common stock on 01/02/2026 under the company’s 2022 Omnibus Incentive Plan.
What is the relationship of the reporting person to Granite Ridge Resources (GRNT)?
The reporting person, Thaddeus Darden, is identified as a Director of Granite Ridge Resources, Inc. on the Form 4.
How is the indirect ownership in Granite Ridge (GRNT) reported for the director?
The filing shows 48,487 shares held indirectly through Monticello Avenue LLC, and states that the reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.