Tyler Farquharson - Jun 12, 2025 Form 4 Insider Report for Granite Ridge Resources, Inc. (GRNT)

Role: President and CEO
Signature: /s/ Emily Fuquay, by power of attorney for Tyler S. Farquharson
Stock symbol: GRNT
Transactions as of: Jun 12, 2025
Transactions value $: $0
Form type: 4
Date filed: 6/16/2025, 03:10 PM
Previous filing: Mar 7, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Farquharson Tyler	President and CEO	5217 MCKINNEY AVE., SUITE 400, DALLAS	/s/ Emily Fuquay, by power of attorney for Tyler S. Farquharson	2025-06-16	0001688716

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GRNT	Common Stock, par value $0.0001 per share	Award	$0	+172K	+167.2%	$0.00	275K	Jun 12, 2025	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	GRNT	Performance Stock Unit	Award	$0	+172K		$0.00	172K	Jun 12, 2025	Common Stock, par value $0.0001 per share	172K		Direct	F2, F3
transaction	GRNT	Performance Stock Unit	Award	$0	+172K	+100%	$0.00	344K	Jun 12, 2025	Common Stock, par value $0.0001 per share	172K		Direct	F2, F4
transaction	GRNT	Performance Stock Unit	Award	$0	+172K	+50%	$0.00	515K	Jun 12, 2025	Common Stock, par value $0.0001 per share	172K		Direct	F2, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents a restricted stock award, granted under the Granite Ridge Resources, Inc. 2022 Omnibus Incentive Plan, which vests in full on June 12, 2030.
F2	Each performance stock unit represents a contingent right to receive one share of the Company's Common Stock.
F3	Represents grant of performance stock unit under the Company's 2022 Omnibus Incentive Plan. The award is eligible to vest and convert to one share of the Company's Common Stock for each performance stock unit following the 20th consecutive trading day of the Company's Common Stock closing at a price at or above $7.00 per share.
F4	Represents grant of performance stock unit under the Company's 2022 Omnibus Incentive Plan. The award is eligible to vest and convert to one share of the Company's Common Stock for each performance stock unit following the 20th consecutive trading day of the Company's Common Stock closing at a price at or above $8.50 per share.
F5	Represents grant of performance stock unit under the Company's 2022 Omnibus Incentive Plan. The award is eligible to vest and convert to one share of the Company's Common Stock for each performance stock unit following the 20th consecutive trading day of the Company's Common Stock closing at a price at or above $10.00 per share.