Director Perry Griffin buys 100,000 Granite Ridge (GRNT) shares in market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Granite Ridge Resources, Inc. director Perry Griffin reported an open-market purchase of 100,000 shares of Common Stock at $5.49 per share. Following this transaction, Griffin directly owns 1,163,903 shares of the company’s common stock, indicating a larger personal equity stake in Granite Ridge.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 100,000 shares ($549,000)
Net Buy
1 txn
Insider
Perry Griffin
Role
null
Bought
100,000 shs ($549K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $0.0001 per share | 100,000 | $5.49 | $549K |
Holdings After Transaction:
Common Stock, par value $0.0001 per share — 1,163,903 shares (Direct, null)
Footnotes (1)
Key Figures
Shares purchased: 100,000 shares
Purchase price: $5.49 per share
Shares owned after transaction: 1,163,903 shares
3 metrics
Shares purchased
100,000 shares
Open-market purchase of Common Stock
Purchase price
$5.49 per share
Price paid in the reported transaction
Shares owned after transaction
1,163,903 shares
Director’s direct holdings following the purchase
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) disclose?
Granite Ridge Resources disclosed that director Perry Griffin made an open-market purchase of 100,000 Common Stock shares at $5.49 each. This Form 4 filing reflects a direct increase in his personal ownership stake in the company.
Was the Granite Ridge Resources (GRNT) insider transaction a purchase or a sale?
The transaction was a purchase. The Form 4 reports that director Perry Griffin executed an open-market buy of 100,000 Common Stock shares, increasing his direct ownership to 1,163,903 shares after the trade.