Granite Point Mortgage (NYSE: GPMT) grants director 58,441 RSUs vesting 2027

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

KASNET STEPHEN G reported acquisition or exercise transactions in this Form 4 filing.

Granite Point Mortgage Trust Inc. director Stephen G. Kasnet received a grant of 58,441 restricted stock units (RSUs) as compensation. These RSUs were awarded at a price of $0.00 per unit and each unit represents the right to receive one share of GPMT common stock.

The award vests in a single tranche on June 4, 2027, provided Kasnet continues his service with the company. Following this grant, he holds 58,441 RSUs directly, which may settle into an equal number of common shares upon vesting and settlement.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider KASNET STEPHEN G

Role null

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	58,441	$0.00	--

Holdings After Transaction: Restricted Stock Units — 58,441 shares (Direct, null)

Footnotes (1)

[object Object]

Key Figures

RSUs granted: 58,441 units Grant price: $0.00 per unit Underlying shares: 58,441 shares +3 more

6 metrics

RSUs granted 58,441 units Restricted stock unit award to director on June 4, 2026

Grant price $0.00 per unit RSU grant under 2022 Omnibus Incentive Plan

Underlying shares 58,441 shares Common stock deliverable on a 1-to-1 basis

Vesting date June 4, 2027 Single-tranche vesting subject to continued service

Expiration date June 4, 2027 RSU expiration as reported in derivative data

Holdings after grant 58,441 RSUs Total restricted stock units held following transaction

Key Terms

Restricted Stock Units, contingent rights, Amended and Restated ... 2022 Omnibus Incentive Plan, vesting

4 terms

Restricted Stock Units financial

"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 a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

contingent rights financial

"Restricted stock units are contingent rights to receive a share of GPMT common stock on a 1-to-1 basis."

Amended and Restated ... 2022 Omnibus Incentive Plan financial

"Represents a restricted stock unit award issued under the Amended and Restated Granite Point Mortgage Trust Inc. 2022 Omnibus Incentive Plan."

vesting financial

"This award vests in a single tranche on June 4, 2027, subject to continued service with GPMT."

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/04/2026 - 06:16 PM Accepted by SEC EDGAR 06/04/2026 - 06:15 PM

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^*

KASNET STEPHEN G

(Last)

(First)

(Middle)

1114 AVENUE OF THE AMERICAS

SUITE 3020

(Street)

NEW YORK

10036

(City)

(State)

(Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/04/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	06/04/2026		A		58,441		⁽¹⁾	06/04/2027	Common Stock	58,441	$0	58,441	D

Explanation of Responses:

1. 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.

Remarks:

	/s/ Michael J. Karber, as attorney-in-fact for Stephen G. Kasnet	06/04/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Granite Point Mortgage Trust (GPMT) report for Stephen G. Kasnet?

Granite Point Mortgage Trust reported that director Stephen G. Kasnet received a grant of 58,441 restricted stock units. These units are part of his equity compensation and give him the right to receive an equal number of GPMT common shares upon vesting.

How many restricted stock units did the GPMT director receive in this Form 4 filing?

The director received 58,441 restricted stock units. Each RSU represents a contingent right to receive one share of Granite Point Mortgage Trust common stock, aligning his compensation with shareholder interests through future equity settlement rather than cash.

What are the vesting terms of the 58,441 RSUs granted by Granite Point Mortgage Trust (GPMT)?

The 58,441 RSUs vest in a single tranche on June 4, 2027. Vesting is conditioned on continued service with Granite Point Mortgage Trust, meaning the director must remain with the company until that date to receive the underlying shares.

Does the GPMT director pay anything for the restricted stock units granted?

No, the restricted stock units were granted at a price of $0.00 per unit. This indicates the award is part of the director’s compensation package, rather than an open-market purchase requiring cash payment for the RSUs themselves.

What does each restricted stock unit represent for Granite Point Mortgage Trust (GPMT)?

Each restricted stock unit represents a contingent right to receive one share of GPMT common stock. Settlement occurs after vesting, so the director ultimately may receive 58,441 common shares if the vesting conditions are satisfied.

How many RSUs does the GPMT director hold after this transaction?

After this grant, the director holds 58,441 restricted stock units directly. This figure reflects his RSU position reported in the filing and matches the full amount of the award granted on June 4, 2026.