Granite Point Mortgage Trust (NYSE: GPMT) officer exercises RSUs, disposes shares

Rhea-AI Filing Summary

Granite Point Mortgage Trust Inc. reported an insider equity transaction by its Chief Development Officer, Peter Morral. On December 31, 2025, 60,060 restricted stock units were converted into an equal number of common shares as they vested in a single tranche under the company’s 2017 Equity Incentive Plan.

On the same date, 30,660 common shares were disposed of at $2.41 per share in a transaction coded “F,” typically used for shares withheld or sold to cover taxes. Following these transactions, Morral directly beneficially owned 172,627 shares of Granite Point Mortgage Trust common stock.

Insider Trade Summary

60,060 shares exercised/converted

Mixed 3 txns

Insider Morral Peter M.

Role Chief Development Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	60,060	$0.00	--
Exercise	Common Stock	60,060	$0.00	--
Tax Withholding	Common Stock	30,660	$2.41	$74K

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Common Stock — 203,287 shares (Direct)

Footnotes (1)

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

Form 4 Insider Transactions: What Each Field Means →

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^*

Morral Peter M.

(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 Development 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)	203,287	D
Common Stock	12/31/2025		F		30,660	D	$2.41	172,627	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 Peter Morral	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?

The company reported that its Chief Development Officer, Peter Morral, had 60,060 restricted stock units convert into common stock and disposed of 30,660 common shares on December 31, 2025.

How many Granite Point Mortgage Trust (GPMT) shares does the insider own after the transaction?

After the reported transactions, Peter Morral beneficially owned 172,627 shares of Granite Point Mortgage Trust Inc. common stock directly.

What was the price for the disposed Granite Point Mortgage Trust (GPMT) shares?

The 30,660 common shares disposed of in the transaction coded “F” were priced at $2.41 per share.

What are the details of the restricted stock units reported for GPMT?

The insider was granted 60,060 restricted stock units on December 31, 2020 under the 2017 Equity Incentive Plan, vesting in a single tranche on December 31, 2025, and each unit converted into one share of common stock.

What position does the reporting person hold at Granite Point Mortgage Trust (GPMT)?

The reporting person, Peter Morral, serves as Chief Development Officer of Granite Point Mortgage Trust Inc.

Was the Granite Point Mortgage Trust (GPMT) insider transaction related to derivative securities?

Yes. The filing shows 60,060 restricted stock units, a type of derivative security, being exercised at an exercise price of $0 and converting into the same number of common shares.