GPMT director sells 45,000 shares at $2.69; 138,566 direct held

Granite Point Mortgage Trust (GPMT) director Stephen G. Kasnet reported an open‑market sale of company stock.

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.

Insider Trade Summary

Net Seller: 45,000 shares

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 (2)

1. F1. This transaction was effected for tax and estate planning purposes.
2. F2. 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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

At what price were the GPMT shares sold?

The weighted average price was $2.69, with individual trades ranging from $2.6755 to $2.7300.

How many GPMT shares does the director hold after the sale?

Kasnet beneficially owns 138,566 shares directly and 312 shares indirectly via the Kasnet Family Foundation.

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.

Why did the insider sell GPMT shares?

The filing states the sale was for tax and estate planning purposes.

Was this transaction under a Rule 10b5‑1 plan?

The excerpt does not indicate that the Rule 10b5‑1(c) box was checked.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 11/12/2025 - 05:08 PM Learn about SEC filing dates

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)

3 BRYANT PARK, #2400A

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/12/2025

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	11/12/2025		S(1)		45,000	D	$2.69(2)	138,566	D
Common Stock								312	I	Kasnet Family Foundation

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

Explanation of Responses:

1. This transaction was effected for tax and estate planning purposes.

2. 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.

Remarks:

	/s/ Michael J. Karber, as attorney-in-fact for Stephen G. Kasnet	11/12/2025
	** 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.