Form 4: Granite Ridge Director Receives Restricted Stock Award

Granite Ridge Resources, Inc. director Amanda N. Coussens was granted 16,026 shares of restricted common stock, vesting in 2027.

Summary

• Amanda N. Coussens, a Director of Granite Ridge Resources, Inc. (GRNT), received a restricted stock award.
• The award consists of 16,026 shares of common stock, par value $0.0001 per share.
• The transaction date for this acquisition was January 2, 2026.
• The shares were granted at a price of $0.
• Following this transaction, Ms. Coussens beneficially owns 60,143 shares directly.
• The restricted stock award was granted under the Granite Ridge Resources, Inc. 2022 Omnibus Incentive Plan.
• The award will fully vest on January 2, 2027.

Sentiment

Score: 7

Explanation: The grant of restricted stock to a director is a positive event as it aligns the director's interests with shareholders and is a standard component of compensation, indicating stability in governance and incentive structures.

Positives

• The grant of restricted stock aligns the director's interests with those of shareholders, promoting long-term value creation.
• The award is part of an existing incentive plan, indicating a structured approach to executive compensation and retention.

Future Outlook

The restricted stock award is scheduled to fully vest on January 2, 2027, indicating a future milestone for the compensation.

Industry Context

This Form 4 reports a standard insider equity grant, which is a common practice across industries for executive and director compensation to align interests. It does not provide specific industry trends or competitive analysis.

Comparison to Industry Standards

• Restricted stock awards are a common form of equity compensation for directors in publicly traded companies, aligning their long-term interests with shareholders.
• The grant size of 16,026 shares for a director is within typical ranges for companies of similar market capitalization, though specific comparisons would require detailed peer group analysis.
• A vesting period of approximately one year (from grant date 01/02/2026 to vesting date 01/02/2027) is a standard practice for director equity grants, promoting retention and sustained performance focus.

Stakeholder Impact

• Shareholders: The grant aligns the director's long-term interests with shareholder value creation.

Next Steps

• The restricted stock award will fully vest on January 2, 2027.

Key Dates

Keywords

Granite Ridge Resources, GRNT, Form 4, Insider Transaction, Restricted Stock Award, Director Compensation, Equity Grant, Stock Vesting, Amanda N. Coussens