Granite Point insider sale: 45,000 shares at $2.69, price range disclosed
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Granite Point Mortgage Trust (GPMT) director Stephen G. Kasnet reported an open‑market sale of company stock. On 11/12/2025, he sold 45,000 shares of common stock at a weighted average price of $2.69 (Transaction Code S). The filing notes the shares were sold in multiple trades at prices ranging from $2.6755 to $2.7300.
Following the transaction, Kasnet beneficially owns 138,566 shares directly and 312 shares indirectly through the Kasnet Family Foundation. The filer stated the transaction was effected for tax and estate planning purposes.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 45,000 shares ($121,050)
Net Sell
2 txns
Insider
KASNET STEPHEN G
Role
Director
Sold
45,000 shs ($121K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 45,000 | $2.69 | $121K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 138,566 shares (Direct);
Common Stock — 312 shares (Indirect, Kasnet Family Foundation)
Footnotes (1)
- This transaction was effected for tax and estate planning purposes. Per share price reflects the weighted average price sold. The shares were sold in multiple transactions at prices ranging from $2.6755 to $2.7300. The reporting person undertakes to provide, upon request, full information regarding the shares sold in such transactions.
FAQ
What insider transaction did GPMT disclose?
Director Stephen G. Kasnet sold 45,000 shares of Granite Point Mortgage Trust common stock on 11/12/2025.
What was the transaction code for the GPMT insider sale?
The filing lists transaction code S, indicating an open‑market or private sale of non‑derivative securities.
Was this transaction under a Rule 10b5‑1 plan?
The excerpt does not indicate that the Rule 10b5‑1(c) box was checked.