Granite Ridge Resources (GRNT) director granted 16,026 restricted stock units
Rhea-AI Filing Summary
Granite Ridge Resources, Inc. director John McCartney reported receiving a new equity award in the form of restricted stock. On 01/02/2026, he acquired 16,026 shares of common stock at a price of $0. These shares were granted under the Granite Ridge Resources, Inc. 2022 Omnibus Incentive Plan and will fully vest on January 2, 2027.
Following this grant, McCartney beneficially owns 129,143 shares of Granite Ridge Resources common stock, held directly. This filing reflects equity-based compensation rather than an open‑market purchase.
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FAQ
What insider transaction did Granite Ridge Resources (GRNT) disclose?
The company disclosed that director John McCartney received a grant of 16,026 shares of Granite Ridge Resources common stock as a restricted stock award on 01/02/2026.
What type of shares were granted to the Granite Ridge Resources (GRNT) director?
The director received a restricted stock award of Granite Ridge Resources common stock, par value $0.0001 per share, under the company’s 2022 Omnibus Incentive Plan.
When do the restricted shares granted to the Granite Ridge Resources (GRNT) director vest?
The restricted stock award of 16,026 shares will fully vest on January 2, 2027, as disclosed in the explanation of responses.
How many Granite Ridge Resources (GRNT) shares does the director own after this transaction?
After the reported transaction, director John McCartney beneficially owns 129,143 shares of Granite Ridge Resources common stock, held in direct ownership.
Did the Granite Ridge Resources (GRNT) director pay cash for the restricted stock award?
No cash consideration was paid for this grant; the filing lists the price as $0 for the 16,026 restricted shares awarded on 01/02/2026.
Is the Granite Ridge Resources (GRNT) insider transaction related to a trading plan under Rule 10b5-1?
The form includes a checkbox for indicating a transaction under a Rule 10b5-1(c) trading plan, but the excerpt does not show this box as selected for the reported restricted stock grant.