Granite Ridge (GRNT) director buys 4,000 shares in open-market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Granite Ridge Resources director John McCartney reported an open-market purchase of 4,000 shares of common stock at $5.54 per share. After this transaction, he directly holds 143,143 shares of Granite Ridge Resources, Inc. common stock, according to the Form 4 insider filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,000 shares ($22,160)
Net Buy
1 txn
Insider
MCCARTNEY JOHN
Role
null
Bought
4,000 shs ($22K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $0.0001 per share | 4,000 | $5.54 | $22K |
Holdings After Transaction:
Common Stock, par value $0.0001 per share — 143,143 shares (Direct, null)
Footnotes (1)
Key Figures
Shares purchased: 4,000 shares
Purchase price: $5.54 per share
Shares held after transaction: 143,143 shares
+1 more
4 metrics
Shares purchased
4,000 shares
Open-market purchase of common stock
Purchase price
$5.54 per share
Price paid for 4,000 acquired shares
Shares held after transaction
143,143 shares
Director’s direct common stock ownership post-trade
Net buy shares
4,000 shares
Net change in position from this Form 4
Key Terms
open-market purchase, Common Stock, par value $0.0001 per share, Form 4, direct ownership
4 terms
open-market purchase financial
"transaction_action: "open-market purchase""
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
"INSIDER FILING DATA (Form 4)"
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.
direct ownership financial
"ownership_type: "direct"; direct_or_indirect: "D""
FAQ
What insider transaction did Granite Ridge (GRNT) report on this Form 4?
Granite Ridge disclosed an open-market purchase by director John McCartney. He bought 4,000 shares of common stock at $5.54 per share, increasing his direct ownership to 143,143 shares as reported in the Form 4 filing.
Is the Granite Ridge (GRNT) Form 4 transaction a purchase or a sale?
The Form 4 reports a purchase, not a sale. Director John McCartney executed an open-market buy of 4,000 Granite Ridge common shares at $5.54 per share, increasing his direct ownership position.
Was the Granite Ridge (GRNT) insider transaction direct or indirect ownership?
The reported holdings are classified as direct ownership. The Form 4 lists the 143,143 Granite Ridge common shares, including the newly purchased 4,000 shares, as being held directly by director John McCartney.