Granite Ridge Resources (GRNT) director adds 4,000 shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Granite Ridge Resources, Inc. director John McCartney reported an open-market purchase of company stock. He bought 4,000 shares of common stock at a price of $4.96 per share. Following this transaction, he directly holds 147,143 shares, reflecting a modest increase in his personal stake in Granite Ridge.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,000 shares ($19,840)
Net Buy
1 txn
Insider
MCCARTNEY JOHN
Role
null
Bought
4,000 shs ($20K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $0.0001 per share | 4,000 | $4.96 | $20K |
Holdings After Transaction:
Common Stock, par value $0.0001 per share — 147,143 shares (Direct, null)
Footnotes (1)
Key Figures
Shares purchased: 4,000 shares
Purchase price: $4.96 per share
Shares held after transaction: 147,143 shares
+1 more
4 metrics
Shares purchased
4,000 shares
Open-market purchase on 2026-06-10
Purchase price
$4.96 per share
Open-market transaction
Shares held after transaction
147,143 shares
Direct ownership after purchase
Net buy shares
4,000 shares
Net change in reported period
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""
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
"INSIDER FILING DATA (Form 4):"
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) report?
Granite Ridge Resources reported that director John McCartney made an open-market purchase of company stock. He acquired 4,000 shares of common stock, as disclosed in a Form 4, indicating a personal increase in his direct equity position.
What are John McCartney’s Granite Ridge Resources (GRNT) holdings after this trade?
After the reported transaction, John McCartney directly holds 147,143 shares of Granite Ridge Resources common stock. This figure includes his previous holdings plus the 4,000 shares purchased in the open-market transaction disclosed in the Form 4 filing.
Was the Granite Ridge Resources (GRNT) insider trade a buy or sell?
The insider trade was a buy. The Form 4 identifies the transaction with code “P” and describes it as an open-market purchase, confirming that director John McCartney increased, rather than reduced, his direct ownership of Granite Ridge shares.