What is the economic cost per share for the GPMT restricted stock unit grant?

The grant shows a transaction price of $0.0000 per unit, reflecting that this is a compensation award rather than a purchase. The units were issued under the company’s equity incentive plan at no cash cost to the reporting person.

Granite Point Mortgage Trust (GPMT) director granted 38,149 restricted stock units

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

McGrath Sheila K. reported acquisition or exercise transactions in this Form 4 filing.

Granite Point Mortgage Trust Inc. director Sheila K. McGrath received a grant of 38,149 restricted stock units as equity compensation. Each unit represents a contingent right to receive one share of GPMT common stock. The entire award vests in a single tranche on June 4, 2027, subject to her continued service with the company.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider McGrath Sheila K.

Role null

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	38,149	$0.00	--

Holdings After Transaction: Restricted Stock Units — 38,149 shares (Direct, null)

Footnotes (1)

[object Object]

Key Figures

RSU grant size: 38,149 units Grant price per unit: $0.0000 Underlying common shares: 38,149 shares +3 more

6 metrics

RSU grant size 38,149 units Restricted stock units granted to director Sheila K. McGrath

Grant price per unit $0.0000 Compensation award, not a purchase transaction

Underlying common shares 38,149 shares One share of GPMT common stock per RSU

Units owned after grant 38,149 units Total restricted stock units following this transaction

Vesting date June 4, 2027 Single-tranche vesting date for the RSU award

Expiration date June 4, 2027 Restricted stock unit expiration disclosed in the filing

Key Terms

Restricted Stock Units, Amended and Restated Granite Point Mortgage Trust Inc. 2022 Omnibus Incentive Plan, contingent rights, single tranche

4 terms

Restricted Stock Units financial

"Represents a restricted stock unit award issued under the Amended and Restated Granite Point Mortgage Trust Inc. 2022 Omnibus Incentive Plan."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Amended and Restated Granite Point Mortgage Trust Inc. 2022 Omnibus Incentive Plan financial

"Represents a restricted stock unit award issued under the Amended and Restated Granite Point Mortgage Trust Inc. 2022 Omnibus Incentive Plan."

contingent rights financial

"Restricted stock units are contingent rights to receive a share of GPMT common stock on a 1-to-1 basis."

single tranche financial

"This award vests in a single tranche on June 4, 2027, subject to continued service with GPMT."

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Form 4 Insider Transactions: What Each Field Means →

06/04/2026 - 06:17 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

McGrath Sheila K.

(Last)

(First)

(Middle)

1114 AVENUE OF THE AMERICAS

SUITE 3020

(Street)

NEW YORK

10036

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Granite Point Mortgage Trust Inc. [ GPMT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/04/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	06/04/2026		A		38,149		⁽¹⁾	06/04/2027	Common Stock	38,149	$0	38,149	D

Explanation of Responses:

1. Represents a restricted stock unit award issued under the Amended and Restated Granite Point Mortgage Trust Inc. 2022 Omnibus Incentive Plan. Restricted stock units are contingent rights to receive a share of GPMT common stock on a 1-to-1 basis. This award vests in a single tranche on June 4, 2027, subject to continued service with GPMT.

Remarks:

	/s/ Michael J. Karber, as attorney-in-fact for Sheila K. McGrath	06/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did GPMT director Sheila McGrath report on this Form 4?

Sheila K. McGrath reported receiving 38,149 restricted stock units from Granite Point Mortgage Trust Inc. This is an equity compensation grant, not an open-market purchase or sale, and is tied to her continued service as a director with the company.

How many restricted stock units were granted to the GPMT director in this filing?

The director received 38,149 restricted stock units. Each unit represents a contingent right to receive one share of Granite Point Mortgage Trust Inc. common stock on a one-for-one basis, providing potential future ownership if the vesting conditions are satisfied.

When do Sheila McGrath’s GPMT restricted stock units vest?

The restricted stock units vest in a single tranche on June 4, 2027. Vesting is contingent on her continued service with Granite Point Mortgage Trust Inc., meaning she must remain in her role through that date for the units to settle into shares.

Under which plan were the GPMT restricted stock units granted to the director?

The award was granted under the Amended and Restated Granite Point Mortgage Trust Inc. 2022 Omnibus Incentive Plan. This plan governs equity-based compensation, including restricted stock units that can convert into common shares if vesting conditions are met.