Granite Ridge (NYSE: GRNT) CAO forfeits shares to cover vesting tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Granite Ridge Resources, Inc. Chief Accounting Officer Kimberly Weimer reported two tax-related share dispositions under the company’s 2022 Omnibus Incentive Plan. On March 5, 2026, 1,543 shares of common stock at $5.34 per share were forfeited to cover taxes upon vesting of previously awarded restricted stock, leaving 99,013 shares directly owned. On March 6, 2026, an additional 1,099 shares at $5.02 per share were similarly forfeited for tax withholding, after which she directly owned 97,914 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Weimer Kimberly
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.0001 per share | 1,099 | $5.02 | $6K |
| Tax Withholding | Common Stock, par value $0.0001 per share | 1,543 | $5.34 | $8K |
Holdings After Transaction:
Common Stock, par value $0.0001 per share — 97,914 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did GRNT’s Kimberly Weimer report on this Form 4?
Kimberly Weimer reported two tax-withholding dispositions of Granite Ridge Resources common stock. Shares were forfeited to satisfy tax obligations upon vesting of previously granted restricted stock awards under the 2022 Omnibus Incentive Plan, rather than sold in open-market transactions.
Were the GRNT insider transactions open-market sales or tax withholdings?
The reported GRNT insider transactions were tax-withholding dispositions, not open-market sales. Shares were forfeited to pay tax liabilities upon vesting of previously awarded restricted stock, as described in the footnote to the Form 4 filing.
What role does Kimberly Weimer hold at Granite Ridge Resources (GRNT)?
Kimberly Weimer is the Chief Accounting Officer of Granite Ridge Resources, Inc. Her Form 4 reports dispositions of common stock related to tax withholding on vested restricted stock granted under the company’s 2022 Omnibus Incentive Plan.
What plan governed the restricted stock in this GRNT Form 4 filing?
The restricted stock mentioned in the Form 4 is issued under the Granite Ridge Resources, Inc. 2022 Omnibus Incentive Plan. Shares were forfeited to cover taxes when these previously awarded restricted stock units vested.