Granite Ridge CEO granted stock and options
Granite Ridge Resources President and CEO Tyler Farquharson reported stock-based compensation awards.
Rhea-AI Filing Summary
Granite Ridge Resources President and CEO Tyler Farquharson reported stock-based compensation awards. On March 4, 2026, he received 61,937 employee stock options at an exercise price of $0.0000 per share, bringing his directly held options to 360,395.
He was also granted 21,515 shares of common stock from vested performance stock units originally awarded in 2023 and 26,141 restricted shares, both at $0.0000 per share. The restricted stock vests in three equal annual installments beginning on March 4, 2027, and the options vest in three equal annual installments beginning on March 4, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee stock option (right to buy) | 61,937 | $0.00 | $0.00 |
| Grant/Award | Common Stock, par value $0.0001 per share | 21,515 | $0.00 | $0.00 |
| Grant/Award | Common Stock, par value $0.0001 per share | 26,141 | $0.00 | $0.00 |
Footnotes (3)
- F1. Represents the grant of shares of the Company's common stock as a result of the vesting of performance stock units originally awarded in 2023 pursuant to a performance unit agreement under the Company's 2022 Omnibus Incentive Plan.
- F2. Represents a restricted stock award, granted under the Granite Ridge Resources, Inc. 2022 Omnibus Incentive Plan, which vests in three equal annual installments beginning on March 4, 2027.
- F3. The options vest in three equal annual installments beginning on March 4, 2026.
FAQ
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What did GRNT President and CEO Tyler Farquharson report on this Form 4?
How many Granite Ridge (GRNT) stock options were granted to the CEO?
What common stock grants did the Granite Ridge (GRNT) CEO receive?
When do the newly granted Granite Ridge (GRNT) options to the CEO vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.