Granite Ridge Resources (GRNT) director reports 16,026-share restricted stock award
Rhea-AI Filing Summary
Granite Ridge Resources, Inc. director equity grant reported
A director of Granite Ridge Resources, Inc. reported receiving a grant of 16,026 shares of common stock as a restricted stock award on 01/02/2026. The award was granted under the company’s 2022 Omnibus Incentive Plan and will fully vest on January 2, 2027, meaning the shares become fully owned by the director on that date if the vesting conditions are met. The filing shows the shares were acquired at a stated price of $0, which is typical for equity compensation rather than an open-market purchase. After this grant, the director beneficially owns 66,143 shares of Granite Ridge Resources common stock in direct ownership.
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FAQ
What insider transaction did Granite Ridge Resources (GRNT) report on this Form 4?
The Form 4 reports that a director of Granite Ridge Resources, Inc. acquired 16,026 shares of 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 16,026 shares of Granite Ridge Resources common stock, par value $0.0001 per share.
When do the restricted shares granted by Granite Ridge Resources (GRNT) vest?
The restricted stock award granted on January 2, 2026 will fully vest on January 2, 2027 under the company’s 2022 Omnibus Incentive Plan.
What was the reported acquisition price for the Granite Ridge Resources (GRNT) restricted shares?
The Form 4 states that the 16,026 restricted shares were acquired at a reported price of $0, consistent with an equity compensation grant rather than a market purchase.
How many Granite Ridge Resources (GRNT) shares does the director own after this transaction?
Following the reported restricted stock grant, the director beneficially owns 66,143 shares of Granite Ridge Resources common stock, held in direct ownership.
Under which plan was the Granite Ridge Resources (GRNT) restricted stock award granted?
The 16,026-share restricted stock award was granted under the Granite Ridge Resources, Inc. 2022 Omnibus Incentive Plan.