Granite Ridge (NYSE: GRNT) director adds shares through dividend reinvestment plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Granite Ridge Resources director Matthew Reade Miller increased his stake through an automatic dividend reinvestment. He acquired 658 shares of common stock on March 13, 2026 at a price of $5.15 per share, via his brokerage account’s dividend reinvestment program.
After this transaction, he directly owns 1,328,839 shares of Granite Ridge Resources common stock. This filing reflects a small, routine net purchase rather than a large discretionary trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 658 shares ($3,389)
Net Buy
1 txn
Insider
Miller Matthew Reade
Role
Director
Bought
658 shs ($3K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $0.0001 per share | 658 | $5.15 | $3K |
Holdings After Transaction:
Common Stock, par value $0.0001 per share — 1,328,839 shares (Direct)
Footnotes (1)
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FAQ
What did Granite Ridge Resources (GRNT) director Matthew Reade Miller do in this Form 4 filing?
Director Matthew Reade Miller reported buying 658 Granite Ridge Resources shares. The acquisition occurred via automatic dividend reinvestment in his brokerage account, indicating a routine increase in his direct common stock holdings rather than a large discretionary market purchase.
What are Matthew Reade Miller’s total Granite Ridge Resources (GRNT) holdings after this transaction?
Following the reported transaction, Matthew Reade Miller directly holds 1,328,839 shares of Granite Ridge Resources common stock. This total reflects the addition of 658 shares obtained via his brokerage account’s automatic dividend reinvestment feature on March 13, 2026.
Was the Granite Ridge Resources (GRNT) Form 4 transaction an open-market trade or dividend reinvestment?
The Form 4 labels the transaction as an open-market purchase, but the footnote clarifies it was automatic dividend reinvestment. Shares were acquired under the terms of Miller’s brokerage account dividend reinvestment program, rather than a discretionary market order.
Does this Granite Ridge Resources (GRNT) Form 4 indicate any derivative or option activity?
No derivative or option activity appears in this Form 4. The filing shows only one non-derivative transaction: a purchase of 658 common shares through automatic dividend reinvestment, with no remaining derivative positions listed in the derivative summary section.