Granite Point grants 122,176 RSUs to CEO
TAYLOR JOHN A reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
TAYLOR JOHN A reported acquisition or exercise transactions in this Form 4 filing.
Granite Point Mortgage Trust Inc. reported that President and CEO John A. Taylor received a grant of 122,176 restricted stock units (RSUs) of common stock as equity compensation. Each RSU represents a contingent right to receive one share of GPMT common stock.
The award vests over three years: 33% on March 5, 2027, 33% on March 5, 2028, and 34% on March 5, 2029, subject to the terms and conditions of the award agreement under the company’s Amended and Restated 2022 Omnibus Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 122,176 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents a restricted stock unit award issued under Granite Point Mortgage Trust Inc.'s Amended and Restated 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 33% on each of March 5, 2027, and March 5, 2028, and 34% on March 5, 2029, subject to the terms and conditions contained in the award agreement.
Key Figures
Key Terms
Restricted Stock Units financial
Amended and Restated 2022 Omnibus Incentive Plan financial
contingent rights financial
vests financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Granite Point (GPMT) disclose in this Form 4 for John A. Taylor?
How many restricted stock units were granted to the GPMT CEO?
How do the 122,176 RSUs for GPMT’s CEO vest over time?
What does the GPMT restricted stock unit award represent economically?
Under which plan were the GPMT CEO’s RSUs granted?
AI-generated analysis. How Rhea-AI works. Not financial advice.