Granite Ridge (NYSE: GRNT) CFO adds 6,000 shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Granite Ridge Resources, Inc. Chief Financial Officer Ronald Kyle Kettler reported an open-market purchase of 6,000 shares of common stock on May 27, 2026 at a price of $5.08 per share. Following this transaction, he directly owns 129,276 shares of Granite Ridge common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 6,000 shares ($30,480)
Net Buy
1 txn
Insider
Kettler Ronald Kyle
Role
Chief Financial Officer
Bought
6,000 shs ($30K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $0.0001 per share | 6,000 | $5.08 | $30K |
Holdings After Transaction:
Common Stock, par value $0.0001 per share — 129,276 shares (Direct, null)
Footnotes (1)
Key Figures
Shares purchased: 6,000 shares
Purchase price: $5.08 per share
Shares owned after: 129,276 shares
3 metrics
Shares purchased
6,000 shares
Open-market buy on May 27, 2026
Purchase price
$5.08 per share
Open-market transaction
Shares owned after
129,276 shares
Direct holdings after transaction
Key Terms
open-market purchase, Common Stock, par value $0.0001 per share, Form 4
3 terms
open-market purchase financial
"reported an open-market purchase of 6,000 shares of common stock"
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
"as disclosed in a Form 4 insider trading report"
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 its CFO, Ronald Kyle Kettler, bought 6,000 common shares in an open-market transaction. The shares were acquired at a price of $5.08 each, indicating a direct increase in his personal equity stake in the company.
Was the Granite Ridge (GRNT) CFO’s transaction a buy or a sell?
The transaction was a buy. The Form 4 identifies the code as “P,” meaning an open-market purchase, and describes a 6,000-share acquisition of Granite Ridge common stock by CFO Ronald Kyle Kettler at $5.08 per share.