Miller Matthew Reade 4

What Happened
Miller Matthew Reade, a director of Granite Ridge Resources, acquired 658 shares on 2026-03-13 at $5.15 per share, for a total cost of $3,389. The transaction is reported as a purchase (code P) and reflects an automatic reinvestment of dividends rather than a voluntary open-market buy.

Key Details

• Transaction date and price: 2026-03-13, 658 shares at $5.15 each (total $3,389).
• Filing date: Form 4 filed 2026-03-17 (timely under the two-business-day rule).
• Shares owned after transaction: Not disclosed on the Form 4.
• Footnote: F1 — Shares were acquired through automatic dividend reinvestment pursuant to the terms of a brokerage account.
• Transaction code: P = Purchase (via dividend reinvestment in this case).

Context
Dividend reinvestments are routine and automated ways insiders can accumulate additional shares; they are generally considered less informative about a director’s discretionary view of the stock than an intentional open-market purchase. The amount here (~$3.4K) is modest. The filing appears timely, so no late-reporting implications are indicated.