Steven Plust - Mar 1, 2025 Form 4 Insider Report for Granite Point Mortgage Trust Inc. (GPMT)

Role
Chief Operating Officer
Signature
/s/ Michael J. Karber, as attorney-in-fact for Steven Plust
Stock symbol
GPMT
Transactions as of
Mar 1, 2025
Transactions value $
-$42,239
Form type
4
Date filed
3/3/2025, 06:34 PM
Previous filing
Feb 18, 2025
Next filing
Mar 17, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GPMT Common Stock Options Exercise +34.9K +14.82% 270K Mar 1, 2025 Direct F1
transaction GPMT Common Stock Tax liability -$42.2K -14.3K -5.28% $2.96 256K Mar 1, 2025 Direct

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 GPMT Restricted Stock Units Options Exercise $0 -34.9K -33.33% $0.00 69.7K Mar 1, 2025 Common Stock 34.9K $0.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 On March 1, 2024, the reporting person was granted 104,602 restricted stock units under the Granite Point Mortgage Trust Inc. 2022 Omnibus Incentive Plan, vesting 33% on each of March 1, 2025, and March 1, 2026, and 34% on March 1, 2027, subject to continued service with GPMT through the applicable vesting date.