---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-127230"
form_type: "8-K"
ticker: "GRNT"
cik: "0001928446"
company_name: "Granite Ridge Resources, Inc."
filed_at: "2022-12-15T23:59:59+00:00"
generated_at: "2026-06-21T04:23:29.575729+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Granite Ridge Resources announces $50M stock repurchase program and lock-up waiver for 23.6M shares

## Summary
- Stock repurchase program authorizes up to $50M in open market or private transactions through Dec 31, 2023.
- Conflicts Committee waived lock-up restrictions on ~23.6M shares held by Grey Rock funds, representing ~18% of outstanding shares.
- Waiver allows Grey Rock to distribute shares to underlying investors for potential resale after S-1 registration.
- Table shows 71% of shares (95M) remain locked up until April 2023; public float is 11% (14.6M shares).
- CEO states buyback and share distributions aim to increase trading volume and float over time.

## SEC filing metadata
- accession: 0001104659-22-127230
- form_type: 8-K
- ticker: GRNT
- cik: 0001928446
- company_name: Granite Ridge Resources, Inc.
- filed_at: 2022-12-15T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1928446/000110465922127230/0001104659-22-127230-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1928446/000110465922127230/tm2232761d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-127230
- JSON: https://secwatch.observer/filing/0001104659-22-127230.json
- Plain text: https://secwatch.observer/filing/0001104659-22-127230.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.