Granite Point director granted 34,902 RSUs
Nikolic Lazar reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Nikolic Lazar reported acquisition or exercise transactions in this Form 4 filing.
Granite Point Mortgage Trust Inc. director Lazar Nikolic reported receiving a grant of 34,902 restricted stock units (RSUs) of common stock. These RSUs were awarded at no cash cost as equity compensation.
Each RSU represents a contingent right to receive one share of GPMT common stock on a 1-to-1 basis. The entire award vests in a single tranche on June 4, 2027, subject to Mr. Nikolic’s continued service with the company. Following this grant, he holds 34,902 RSUs directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 34,902 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
restricted stock unit financial
Amended and Restated Granite Point Mortgage Trust Inc. 2022 Omnibus Incentive Plan financial
contingent rights financial
vests in a single tranche financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Granite Point Mortgage Trust (GPMT) disclose about Lazar Nikolic in this Form 4?
How many restricted stock units did Lazar Nikolic receive from GPMT in this filing?
When do Lazar Nikolic’s GPMT restricted stock units vest?
What does each GPMT restricted stock unit represent for Lazar Nikolic?
Under which plan were Lazar Nikolic’s GPMT restricted stock units granted?
What is Lazar Nikolic’s reported RSU holding in GPMT after this transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.