Steven Plust - Mar 15, 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 15, 2025
Transactions value $: -$45,962
Form type: 4
Date filed: 3/17/2025, 04:46 PM
Previous filing: Mar 3, 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		+39.7K	+15.51%		296K	Mar 15, 2025	Direct	F1
transaction	GPMT	Common Stock	Tax liability	-$46K	-16.2K	-5.5%	$2.83	279K	Mar 15, 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	-39.7K	-50%	$0.00	39.7K	Mar 15, 2025	Common Stock	39.7K	$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 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.