Granite Ridge director buys 5,000 shares
After this transaction, the insider directly owns 154,143 shares of Granite Ridge Resources common stock.
Rhea-AI Filing Summary
Granite Ridge Resources, Inc. (GRNT) director John McCartney reported buying common stock in an open-market or private transaction. On September 1, 2026, he purchased 5,000 shares of common stock at $5.04 per share. After this transaction, he directly owns 154,143 shares of Granite Ridge Resources common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,000 shares
Net Buy
1 txn
Insider
MCCARTNEY JOHN
Role
Director
Bought
5,000 shs ($25K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $0.0001 per share | 5,000 | $5.04 | $25K |
Holdings After Transaction:
Common Stock, par value $0.0001 per share — 154,143 shares (Direct)
Key Figures
Shares purchased: 5,000 shares
Purchase price per share: $5.04 per share
Shares owned after transaction: 154,143 shares
3 metrics
Shares purchased
5,000 shares
Common stock purchased on September 1, 2026
Purchase price per share
$5.04 per share
Open-market or private transaction on September 1, 2026
Shares owned after transaction
154,143 shares
Direct ownership following the September 1, 2026 purchase
Key Terms
Purchase in open market or private transaction, Rule 10b5-1 trading plan, Common Stock, par value $0.0001 per share
3 terms
Purchase in open market or private transaction financial
"Transaction code description states purchase in open market or private transaction"
Rule 10b5-1 trading plan regulatory
"The document-level checkbox for transactions under a Rule 10b5-1 trading plan is not checked"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
FAQ
What insider transaction did GRNT director John McCartney report?
John McCartney reported a purchase of 5,000 GRNT common shares on September 1, 2026, in an open-market or private transaction, at a price of $5.04 per share.
Was John McCartney’s GRNT trade made under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked, indicating the reported GRNT stock purchase was not affirmed as made under a Rule 10b5-1 trading plan.
What type of transaction did John McCartney report for GRNT stock?
The Form 4 describes the transaction as a purchase in an open market or private transaction of Granite Ridge Resources, Inc. common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.