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

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
Insider ALPART STEPHEN
Role Chief Investment Officer
Type Security Shares Price Value
Grant/Award Restricted Stock Units 102,589 $0.00 --
Holdings After Transaction: Restricted Stock Units — 102,589 shares (Direct)
Footnotes (1)
  1. [object Object]
RSUs granted 102,589 units Restricted stock unit award to CIO on March 5, 2026
Transaction price $0.0000 per unit Grant/award acquisition, no purchase price
Post-grant RSU holdings 102,589 units Total restricted stock units following the transaction
First vesting tranche 33% Vests on March 5, 2027
Second vesting tranche 33% Vests on March 5, 2028
Final vesting tranche 34% Vests on March 5, 2029
Award expiration date March 5, 2029 Expiration date for the restricted stock unit award
Restricted Stock Units financial
"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 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.
Amended and Restated 2022 Omnibus Incentive Plan financial
"Represents a restricted stock unit award issued under Granite Point Mortgage Trust Inc.'s Amended and Restated 2022 Omnibus Incentive Plan."
contingent rights financial
"Restricted stock units are contingent rights to receive a share of GPMT common stock on a 1-to-1 basis."
vests financial
"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."
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
ALPART STEPHEN
(Last)(First)(Middle)
1114 AVENUE OF THE AMERICAS
SUITE 3020
(Street)
NEW YORK 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Investment Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units$0(1)03/05/2026A102,589 (1)03/05/2029Common Stock102,589$0102,589D
Explanation of Responses:
1. 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.
Remarks:
/s/ Michael J. Karber, as attorney-in-fact for Stephen Alpart04/08/2026
** Signature of Reporting PersonDate
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 GPMT disclose for Stephen Alpart on this Form 4?

Granite Point Mortgage Trust Inc. disclosed that Chief Investment Officer Stephen Alpart received 102,589 restricted stock units as an equity award. The RSUs are a form of compensation and each unit represents the right to receive one share of GPMT common stock if vesting conditions are met.

How many restricted stock units did GPMT grant to its Chief Investment Officer?

GPMT granted 102,589 restricted stock units to Chief Investment Officer Stephen Alpart. This entire amount was acquired in a single award, with no purchase price, and is designed as long-term equity compensation linked to future delivery of common shares if vesting conditions are satisfied.

What are the vesting terms of Stephen Alpart’s GPMT restricted stock unit award?

The 102,589 restricted stock units vest in three tranches: 33% on March 5, 2027, 33% on March 5, 2028, and 34% on March 5, 2029. Vesting is subject to the terms and conditions outlined in the underlying award agreement and plan documents.

Under which plan were the GPMT restricted stock units granted to Stephen Alpart?

The restricted stock units were granted under Granite Point Mortgage Trust Inc.’s Amended and Restated 2022 Omnibus Incentive Plan. This plan governs equity-based awards to executives and others, aligning compensation with shareholder interests through potential future delivery of GPMT common stock.

Does Stephen Alpart have to pay to acquire the restricted stock units reported by GPMT?

No, Stephen Alpart does not pay a purchase price for these restricted stock units. The Form 4 indicates a transaction price of $0.0000 per unit, meaning the award is granted as compensation rather than bought, with value realized only if the units vest into common shares.

When do Stephen Alpart’s GPMT restricted stock units expire if not settled?

The award carries an expiration date of March 5, 2029. Restricted stock units are contingent rights that convert into GPMT common stock upon vesting; the expiration date reflects the outer limit for these rights under the terms of this particular grant.