Granite Point Mortgage Trust (NYSE: GPMT) CEO John Taylor logs RSU vesting
Rhea-AI Filing Summary
Granite Point Mortgage Trust Inc. insider John A. Taylor, who serves as President, CEO and Director, reported equity award vesting and related share movements. On December 31, 2025, 100,100 restricted stock units vested and converted on a one-for-one basis into common stock under the company’s 2017 Equity Incentive Plan. On the same date, 52,993 common shares were disposed of at $2.41 per share. After these transactions, Taylor beneficially owned approximately 518,549.587 shares of common stock in direct ownership.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 100,100 | $0.00 | -- |
| Exercise | Common Stock | 100,100 | $0.00 | -- |
| Tax Withholding | Common Stock | 52,993 | $2.41 | $128K |
Footnotes (1)
- Restricted stock units convert into common stock on a one-for-one basis. On December 31, 2020, the reporting person was granted 100,100 restricted stock units under the Granite Point Mortgage Trust Inc. 2017 Equity Incentive Plan, vesting in a single tranche on December 31, 2025, subject to continued service with GPMT through the applicable vesting date.
FAQ
What insider transaction did GPMT7s John A. Taylor report?
John A. Taylor reported the vesting of 100,100 restricted stock units into Granite Point Mortgage Trust Inc. common stock on December 31, 2025, along with a related share disposition.
What is John A. Taylor 57s role at Granite Point Mortgage Trust Inc. (GPMT)?
John A. Taylor is reported as a Director and an Officer, serving as President and CEO of Granite Point Mortgage Trust Inc.
When were the restricted stock units originally granted to John A. Taylor?
The 100,100 restricted stock units were granted on December 31, 2020 under the Granite Point Mortgage Trust Inc. 2017 Equity Incentive Plan and vested in a single tranche on December 31, 2025, subject to continued service.
What is the conversion ratio of John A. Taylor 57s restricted stock units into GPMT common stock?
The filing states that the restricted stock units convert into common stock on a one-for-one basis, meaning each unit converts into one share of common stock.