[Form 4] Granite Point Mortgage Trust Inc. Insider Trading Activity
ALPART STEPHEN reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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Rhea-AI Filing Summary
ALPART STEPHEN reported acquisition or exercise transactions in this Form 4 filing.
Granite Point Mortgage Trust Inc. reported that Chief Investment Officer Stephen Alpart received a grant of 102,589 restricted stock units as equity compensation. These units represent contingent rights to receive an equal number of GPMT common shares on a 1-to-1 basis.
The award was granted under the company’s Amended and Restated 2022 Omnibus Incentive Plan and carries no purchase price. It will vest over three years, with 33% vesting on March 5, 2027, 33% on March 5, 2028, and the remaining 34% on March 5, 2029, subject to the award’s terms and conditions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 102,589 | $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 insider transaction did GPMT disclose for Stephen Alpart on this Form 4?
How many restricted stock units did GPMT grant to its Chief Investment Officer?
What are the vesting terms of Stephen Alpart’s GPMT restricted stock unit award?
Under which plan were the GPMT restricted stock units granted to Stephen Alpart?
Does Stephen Alpart have to pay to acquire the restricted stock units reported by GPMT?
When do Stephen Alpart’s GPMT restricted stock units expire if not settled?
AI-generated analysis. How Rhea-AI works. Not financial advice.