Granite Ridge Resources, Inc. filed an 8-K with the U.S. Securities and Exchange Commission on August 19, 2026, disclosing the appointment of two new independent directors, an expansion of its board from seven to nine members, and its transition away from controlled company status under NYSE rules.

Key Highlights

  • Board expanded: The board of directors increased from seven to nine directors, effective August 19, 2026.
  • Two new directors appointed: John Cocke (Class II, serving until the 2027 annual meeting) and Jonathan Adams (Class III, serving until the 2028 annual meeting) joined the board, each deemed independent under applicable NYSE rules.
  • Equity grants: Each new director received a grant of 19,305 shares of common stock and 5,315 shares of restricted common stock under the Company's 2022 Omnibus Incentive Plan, with the restricted shares vesting in full on January 2, 2027.
  • Controlled company status ended: Following a distribution of shares by affiliates of Grey Rock Investment Partners to their limited partners, Grey Rock and its affiliates no longer hold a majority of the voting power of the Company's outstanding common stock, causing the Company to cease being a "controlled company" under Section 303A of the NYSE Listed Company Manual.
  • Committee changes: The Audit Committee, Compensation Committee, and Nominating and Governance Committee compositions were each modified, effective August 19, 2026.

Board Restructuring and Controlled Company Transition at Granite Ridge Resources

According to the filing, Granite Ridge Resources (NYSE:GRNT) added two directors to its board on August 19, 2026. John Cocke, age 45, is a Partner at Corbin Capital Partners and serves as Deputy Chief Investment Officer, Credit and Portfolio Manager of Corbin's Credit Strategies. The filing notes he holds an M.S. in Accounting and B.S. in Commerce from the University of Virginia's McIntire School of Commerce and is a Chartered Financial Analyst charterholder. Jonathan Adams, age 43, is Chief Investment Officer of Mt. Vernon Investments, LP, a Dallas-based family office, a role he has held since 2025. The filing states he holds an MPA and BBA in Accounting from the University of Texas at Austin McCombs School of Business, is also a Chartered Financial Analyst charterholder, and is a licensed Certified Public Accountant in the State of Texas.

The filing discloses that, in connection with these appointments, board committee compositions were revised. As modified, the Audit Committee consists of Amanda Coussens (Chair), Mr. Cocke, and John McCartney. The Compensation Committee consists of Thaddeus Darden (Chair), Ms. Coussens, Michele Everard, and Mr. McCartney. The Nominating and Governance Committee consists of Griffin Perry (Chair), Mr. Adams, Ms. Coussens, and Mr. McCartney. The Company also entered into indemnity agreements with each new director on August 19, 2026.

The filing further discloses that affiliates of Grey Rock Investment Partners distributed shares of the Company's common stock to their respective limited partners on August 19, 2026, after which Grey Rock and its affiliates no longer hold a majority of the Company's outstanding common stock voting power. As a result, the Company ceased to be a "controlled company" within the meaning of Section 303A of the NYSE Listed Company Manual. The filing states the Company intends to avail itself of transition periods available under Section 303A.00 with respect to independence requirements for its Compensation Committee and Nominating and Governance Committee.

What Was Disclosed

Granite Ridge Resources reported the expansion of its board to nine members, the appointment of two independent directors with related equity grants, restructured committee assignments, and the loss of its controlled company status following a share distribution by Grey Rock affiliates.