Granite Ridge (GRNT) CAO awarded 26,616 restricted stock shares, now holds 100,556
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Weimer Kimberly reported acquisition or exercise transactions in this Form 4 filing.
Granite Ridge Resources, Inc. Chief Accounting Officer Kimberly Weimer received a grant of 26,616 shares of common stock as an equity award. The shares were granted at no cash cost to her and increased her directly held stake to 100,556 shares.
The award is structured as restricted stock under the company’s 2022 Omnibus Incentive Plan and will vest in three equal annual installments beginning on March 4, 2027. This ties a portion of her compensation to the company’s future performance and continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Weimer Kimberly
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.0001 per share | 26,616 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.0001 per share — 100,556 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Granite Ridge Resources (GRNT) report for Kimberly Weimer?
Granite Ridge Resources reported that Chief Accounting Officer Kimberly Weimer received a grant of 26,616 shares of common stock. The award is a restricted stock grant, issued at no cash cost, which increased her directly owned holdings to 100,556 shares.
What type of equity award did Granite Ridge Resources (GRNT) grant to Kimberly Weimer?
Kimberly Weimer received a restricted stock award of 26,616 shares of Granite Ridge Resources common stock. The grant was made under the Granite Ridge Resources, Inc. 2022 Omnibus Incentive Plan and represents a non-cash, stock-based component of her executive compensation.
What does the Form 4 code “A” mean for the Granite Ridge Resources (GRNT) transaction?
The Form 4 uses transaction code “A,” indicating a grant, award, or other acquisition of securities. For Granite Ridge Resources, this reflects a restricted stock award of 26,616 shares to Chief Accounting Officer Kimberly Weimer rather than a conventional market trade.