Granite Point Mortgage (GPMT) CIO RSUs vest and share holdings change

Rhea-AI Filing Summary

Granite Point Mortgage Trust Inc. insider equity update: Chief Investment Officer Stephen Alpart reported an equity award vesting and related share transactions dated 12/31/2025. A grant of 60,060 restricted stock units vested and converted into the same number of common shares. On the same date, 30,660 common shares were disposed of at a price of $2.41 per share in a transaction coded "F", typically used for shares withheld or sold to cover tax obligations. Following these transactions, Alpart beneficially owns 248,156 shares of Granite Point Mortgage Trust Inc. common stock in direct form.

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

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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^*

ALPART STEPHEN

(Last) (First) (Middle)

1114 AVENUE OF THE AMERICAS

SUITE 3020

(Street)

NEW YORK NY 10036

(City) (State) (Zip)

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)

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

3. Date of Earliest Transaction (Month/Day/Year)
12/31/2025

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

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

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

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	12/31/2025		M		60,060	A	(1)	278,816	D
Common Stock	12/31/2025		F		30,660	D	$2.41	248,156	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	$0(1)	12/31/2025		M			60,060	(2)	12/31/2025(2)	Common Stock	60,060	$0	0	D

Explanation of Responses:

1. Restricted stock units convert into common stock on a one-for-one basis.

2. On December 31, 2020, the reporting person was granted 60,060 restricted stock units under the Granite Point Mortgage Trust Inc. 2017 Equity Incentive Plan, vesting in a single tranche on December 31, 2025, subject to continued service with GPMT through the applicable vesting date.

Remarks:

	/s/ Michael J. Karber, as attorney-in-fact for Stephen Alpart	01/02/2026
	** 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.

FAQ

What insider transaction did Granite Point Mortgage Trust (GPMT) report for 12/31/2025?

Granite Point Mortgage Trust reported that Chief Investment Officer Stephen Alpart had 60,060 restricted stock units vest and convert into common stock on 12/31/2025, along with a related disposal of 30,660 common shares.

How many Granite Point Mortgage Trust (GPMT) shares does the CIO own after this Form 4 transaction?

After the reported transactions, Chief Investment Officer Stephen Alpart beneficially owns 248,156 shares of Granite Point Mortgage Trust Inc. common stock in direct ownership.

What price was reported for the Granite Point Mortgage Trust (GPMT) share disposal?

The filing shows a disposal of 30,660 shares of Granite Point Mortgage Trust Inc. common stock at a reported price of $2.41 per share in a transaction coded "F".

What are the terms of the restricted stock units reported for Granite Point Mortgage Trust (GPMT)?

The filing explains that 60,060 restricted stock units were granted on December 31, 2020, under the Granite Point Mortgage Trust Inc. 2017 Equity Incentive Plan, vesting in a single tranche on December 31, 2025, subject to continued service with GPMT through that vesting date.

How do the Granite Point Mortgage Trust (GPMT) restricted stock units convert into common shares?

The document states that the restricted stock units convert into Granite Point Mortgage Trust Inc. common stock on a one-for-one basis, meaning each unit becomes one common share upon vesting.

Who is the reporting person in this Granite Point Mortgage Trust (GPMT) Form 4, and what is their role?

The reporting person is an officer of Granite Point Mortgage Trust Inc., serving as Chief Investment Officer, and the Form 4 reflects their transactions in the company’s equity.