Peter Morral - 15 Mar 2025 Form 4 Insider Report for Granite Point Mortgage Trust Inc. (GPMT)

Role
Chief Development Officer
Signature
/s/ Michael J. Karber, as attorney-in-fact for Peter Morral
Issuer symbol
GPMT
Transactions as of
15 Mar 2025
Transactions value $
-$57,327
Form type
4
Filing time
17 Mar 2025, 16:45:13 UTC
Previous filing
03 Mar 2025
Next filing
09 Jun 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 +39,682 +32% 163,484 15 Mar 2025 Direct F1
transaction GPMT Common Stock Tax liability -$57,327 -20,257 -12% $2.83 143,227 15 Mar 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 -39,682 -50% $0 39,683 15 Mar 2025 Common Stock 39,682 $0 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 15, 2023, the reporting person was granted 119,047 restricted stock units under the Granite Point Mortgage Trust Inc. 2022 Omnibus Incentive Plan, vesting 33% on each of March 15, 2024, and March 15, 2025, and 34% on March 15, 2026, subject to continued service with GPMT through the applicable vesting date.