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  4. [Form 4] Granite Ridge Resources, Inc. Insider Trading Activity

Granite Ridge (NYSE: GRNT) director now holds 591K shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

For Granite Ridge Resources, Inc. (GRNT), director Thaddeus Darden reported an acquisition of 220,418 shares of common stock on August 19, 2026, coded as an "other" transaction related to a pro rata distribution from GREP Holdco III-B Holdings, LLC and related Grey Rock Energy Partners entities. The shares were transferred at a stated price of $0.0000 per share, reflecting a restructuring rather than an open-market trade. Following this distribution, Darden directly held 591,102 shares of Granite Ridge common stock. He also reported 48,487 shares held indirectly through Monticello Avenue LLC, for which he disclaims beneficial ownership except to the extent of his pecuniary interest. The filing does not indicate use of a Rule 10b5-1 trading plan.

Positive

  • None.

Negative

  • None.
Insider Darden Thaddeus
Role Director
Type Security Shares Price Value
Other Common Stock, par value $0.0001 per share F1 220,418 $0.00 $0.00
holding Common Stock, par value $0.0001 per share F2 -- -- --
Holdings After Transaction: Common Stock, par value $0.0001 per share — 591,102 shares (Direct); Common Stock, par value $0.0001 per share — 48,487 shares (Indirect, Monticello Avenue LLC)
Footnotes (2)
  1. F1. Pro rata distribution from GREP Holdco III-B Holdings, LLC as well as Grey Rock Energy Partners GP III-A, L.P. and Grey Rock Energy Partners GP III-B, L.P.
  2. F2. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
Shares acquired in restructuring transaction 220,418 shares Common stock received on August 19, 2026 in a pro rata distribution coded as transaction J
Direct holdings after transaction 591,102 shares Common stock directly owned by Thaddeus Darden following the August 19, 2026 transaction
Indirect holdings via Monticello Avenue LLC 48,487 shares Common stock held indirectly, with beneficial ownership disclaimed except for pecuniary interest
Restructuring shares 220,418 shares Shares involved in restructuring-type transaction summarized as restructuringShares in transactionSummary
Transaction price per share $0.0000 per share Reported price for the 220,418-share acquisition on August 19, 2026
pro rata distribution financial
"Pro rata distribution from GREP Holdco III-B Holdings, LLC as well as Grey Rock"
A pro rata distribution is when a company or organization shares out money, assets, or benefits evenly among all eligible people based on their size or share. For example, if a company makes a profit and distributes it to shareholders, each person gets a portion proportional to how many shares they own. It ensures everyone gets their fair part based on their ownership or stake.
beneficial ownership financial
"The reporting person disclaims beneficial ownership of these securities except"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership of these securities except to the extent of his pecuniary interest"
indirect ownership financial
"Common Stock, par value $0.0001 per share held indirectly through Monticello Avenue LLC"

FAQ

What insider transaction did GRNT director Thaddeus Darden report on August 19, 2026?
He reported acquiring 220,418 shares of Granite Ridge Resources common stock via an "other" transaction, described as a pro rata distribution from GREP Holdco III-B Holdings, LLC and related Grey Rock Energy Partners entities, at a stated price of $0.0000 per share.

How many GRNT shares does Thaddeus Darden hold directly after this Form 4?
After the reported transaction, Thaddeus Darden directly held 591,102 shares of Granite Ridge Resources common stock, according to the Form 4 holdings data for August 19, 2026.

Does Thaddeus Darden have indirect ownership of GRNT shares?
Yes. He reported 48,487 shares of Granite Ridge common stock held indirectly through Monticello Avenue LLC, and he disclaims beneficial ownership of these securities except to the extent of his pecuniary interest in that entity.

Was the GRNT insider transaction an open-market buy or a restructuring transfer?
The Form 4 codes the transaction as J – Other acquisition or disposition and describes it as a pro rata distribution from GREP and Grey Rock entities, with a reported price of $0.0000 per share, indicating an internal restructuring transfer rather than an open-market purchase.

Were the reported GRNT insider transactions made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not marked as applicable, so the reported transactions were not identified as being made pursuant to a Rule 10b5-1 trading plan.

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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Darden Thaddeus
(Last)(First)(Middle)
5217 MCKINNEY AVE., SUITE 400
(Street)
DALLAS TEXAS 75205
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Granite Ridge Resources, Inc. [ GRNT ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/19/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock, par value $0.0001 per share08/19/2026J(1)220,418A$0591,102D
Common Stock, par value $0.0001 per share48,487IMonticello Avenue LLC(2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Pro rata distribution from GREP Holdco III-B Holdings, LLC as well as Grey Rock Energy Partners GP III-A, L.P. and Grey Rock Energy Partners GP III-B, L.P.
2. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
Remarks:
/s/ Emily Fuquay, by power of attorney for Thaddeus Darden08/21/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR