[Form 4] Granite Point Mortgage Trust Inc. Insider Trading Activity

Rhea-AI Filing Summary

Insider purchase and holdings summary for GPMT. Lazar Nikolic, identified as a director, reported purchases of 3,000 shares of Granite Point Mortgage Trust Inc. 7.00% Series A Preferred Stock on 08/13/2025 at a weighted average price of $19.61 per share (individual transaction prices ranged from $19.51 to $19.65). Following the reported transactions, the filing shows 4,193 shares beneficially owned indirectly through Soaring Eagle LLC and 33,028 shares indirectly owned through JPL Opportunity Fund LP. The report also discloses a disposition of 1,000 Series A preferred shares. The filing includes attestations about the reporting person’s managing-member roles for the two entities and an attorney-in-fact signature dated 08/15/2025.

Insights

Financial Analyst

TL;DR: Director reported net purchase activity in GPMT preferred shares, increasing indirect holdings across affiliated entities.

The filing shows a net acquisition event on 08/13/2025: 3,000 Series A preferred shares were purchased at a weighted average price of $19.61 and 1,000 shares were disposed, resulting in disclosed indirect holdings of 4,193 and 33,028 shares across two affiliated entities. From an investor-impact perspective, this is a routine Section 16 disclosure documenting insider activity and organizational ownership structure rather than an operational or financial-change event for the issuer.

Corporate Governance Expert

TL;DR: Disclosure complies with Section 16 reporting: identifies director, dates, quantities, prices, and indirect ownership through managed entities.

The Form 4 contains required elements: reporting person identity, relationship to issuer, transaction dates, transaction codes, amounts, prices, and explanations of indirect beneficial ownership via Soaring Eagle LLC and JPL Opportunity Fund LP where the reporting person is a managing member. The form includes an attorney-in-fact signature and price-range explanation. This is a standard, timely insider report with no governance red flags apparent from the disclosed text.

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
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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^*

Nikolic Lazar

(Last) (First) (Middle)

3 BRYANT PARK, #2400A

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
08/13/2025

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
7.00% Series A Preferred Stock	08/13/2025		P		3,000	A	$19.61(1)	4,193	I	Soaring Eagle LLC(2)
7.00% Series A Preferred Stock								1,000	D
7.00% Series A Preferred Stock								33,028	I	JPL Opportunity Fund LP(3)

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

Explanation of Responses:

1. Per share price reflects the weighted average price paid. The shares were purchased in multiple transactions at prices ranging from $19.51 to $19.65. The reporting person undertakes to provide, upon request, full information regarding the shares purchased in such transactions.

2. The Reporting Person is a Managing Member of Soaring Eagle LLC's investment advisor.

3. The Reporting Person is a Managing Member of JPL Opportunity Fund LP's manager.

Remarks:

	/s/ Michael J. Karber, as attorney-in-fact for Lazar Nikolic	08/15/2025
	** 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 transactions did Lazar Nikolic report for GPMT on the Form 4?

The Form 4 reports purchases of 3,000 shares of GPMT 7.00% Series A Preferred Stock at a weighted average price of $19.61 and a disposition of 1,000 shares, all dated 08/13/2025.

How many GPMT preferred shares does Nikolic beneficially own after the reported transactions?

The filing shows 4,193 shares indirectly held through Soaring Eagle LLC and 33,028 shares indirectly held through JPL Opportunity Fund LP.

What is the price range for the reported purchases on the Form 4?

The filing states the purchases were made at prices ranging from $19.51 to $19.65, producing a weighted average price of $19.61.

What relationship does the reporting person have to the issuer?

Lazar Nikolic is identified as a director of Granite Point Mortgage Trust Inc.

Who signed the Form 4 and when was it signed?

The Form 4 was signed by Michael J. Karber, as attorney-in-fact for Lazar Nikolic on 08/15/2025.