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.
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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.
At what price were the Granite Ridge (GRNT) restricted shares granted to the director?
The restricted stock award to director Thaddeus Darden consisted of 16,026 common shares granted at a price of $0 per share.
When do the Granite Ridge (GRNT) restricted shares granted to the director fully vest?
The 16,026 restricted shares granted to director Thaddeus Darden will fully vest on January 2, 2027, according to the filing.
How many Granite Ridge (GRNT) shares does the director own after this transaction?
After the reported grant, director Thaddeus Darden beneficially owns 370,684 shares of Granite Ridge common stock directly and 48,487 shares indirectly through Monticello Avenue LLC.
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.