Granite Ridge (NYSE: GRNT) director adds 10,600 shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Granite Ridge Resources director Matthew Reade Miller reported an open-market purchase of 10,600 shares of Common Stock at $4.75 per share. Following this transaction, he directly holds 1,360,813 Granite Ridge Resources shares, according to the Form 4 filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 10,600 shares ($50,350)
Net Buy
1 txn
Insider
Miller Matthew Reade
Role
null
Bought
10,600 shs ($50K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $0.0001 per share | 10,600 | $4.75 | $50K |
Holdings After Transaction:
Common Stock, par value $0.0001 per share — 1,360,813 shares (Direct, null)
Footnotes (1)
Key Figures
Shares purchased: 10,600 shares
Purchase price: $4.75 per share
Total shares after transaction: 1,360,813 shares
+1 more
4 metrics
Shares purchased
10,600 shares
Open-market purchase of Common Stock
Purchase price
$4.75 per share
Price paid in Form 4 transaction
Total shares after transaction
1,360,813 shares
Director’s direct holdings following purchase
Net buy shares
10,600 shares
Net buy direction in transaction summary
Key Terms
open-market purchase, Common Stock, par value $0.0001 per share, Form 4
3 terms
open-market purchase financial
"transaction_action: "open-market purchase" for 10,600 shares at $4.75"
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
"According to the Form 4 insider filing detailing the transaction"
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.
FAQ
What insider transaction did Granite Ridge Resources (GRNT) disclose?
Granite Ridge Resources disclosed that director Matthew Reade Miller bought 10,600 shares of Common Stock in an open-market purchase. The shares were acquired at a price of $4.75 per share, as reported in a Form 4 insider filing.
Was the Granite Ridge Resources (GRNT) insider trade a buy or a sell?
The reported Granite Ridge Resources insider trade was a buy. Director Matthew Reade Miller executed an open-market purchase of 10,600 Common Stock shares, increasing his direct holdings to 1,360,813 shares according to the Form 4 disclosure.
Does the Form 4 show any derivative transactions for GRNT?
The Form 4 does not report any derivative security transactions for Granite Ridge Resources. It only shows a non-derivative open-market purchase of 10,600 Common Stock shares by director Matthew Reade Miller, with no options or other derivatives listed.