STOCK TITAN

Granite Point (NYSE: GPMT) counsel earns stock units and withholds shares for tax

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

Rhea-AI Filing Summary

Granite Point Mortgage Trust Inc. General Counsel and Secretary Michael J. Karber reported equity compensation activity in company common stock. On March 5, 2026, he acquired 3,458 shares at no cost as a grant/award tied to previously granted performance stock units.

The performance stock units were originally issued on March 15, 2023 and became earned based on company performance over the three-year period from January 1, 2023 through December 31, 2025. On the same date, 1,670 shares were disposed of at $1.75 per share to satisfy tax withholding obligations, leaving him with 113,610 shares of common stock held directly.

Positive

  • None.

Negative

  • None.
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*
Karber Michael J.

(Last) (First) (Middle)
1114 AVENUE OF THE AMERICAS
SUITE 3020

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
General Counsel and Secretary
3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026
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 03/05/2026(1) A 3,458 A $0 115,280 D
Common Stock 03/05/2026 F 1,670 D $1.75 113,610 D
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. On March 15, 2023, the reporting person was issued an award of performance stock units under the Granite Point Mortgage Trust Inc. 2022 Omnibus Incentive Plan. The number of units from the award that were earned and eligible to be settled in shares of common stock was determined on March 5, 2026, based on the company performance against certain present performance measures during the three-year performance period of January 1, 2023, through December 31, 2025.
Remarks:
/s/ Michael J. Karber 03/06/2026
** 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.

FAQ

What insider activity did Granite Point (GPMT) report on this Form 4?

Granite Point (GPMT) reported that executive Michael J. Karber acquired 3,458 shares of common stock via an equity award and disposed of 1,670 shares to cover tax withholding. These transactions reflect compensation and related tax settlement, not open‑market buying or selling.

Who is Michael J. Karber in relation to Granite Point (GPMT)?

Michael J. Karber is listed as an officer of Granite Point Mortgage Trust Inc., serving as General Counsel and Secretary. His Form 4 reports changes in his directly held common stock, including equity awards and shares withheld to satisfy associated tax liabilities.

How many Granite Point (GPMT) shares did the insider hold after these transactions?

After these transactions, Michael J. Karber directly held 113,610 shares of Granite Point Mortgage Trust Inc. common stock. This reflects the stock award credited to him and the shares withheld and disposed of to pay taxes related to that equity compensation.

What stock award did Michael J. Karber receive from Granite Point (GPMT)?

He received 3,458 shares of Granite Point common stock as a grant or award. These shares were issued upon settlement of previously granted performance stock units that became earned based on company performance over a defined three‑year measurement period.

How were the Granite Point (GPMT) performance stock units determined for this award?

The performance stock units were granted on March 15, 2023 and measured over January 1, 2023 through December 31, 2025. On March 5, 2026, the company determined how many units were earned based on performance, and those earned units became eligible to settle in common shares.

Why did Granite Point (GPMT) shares get disposed of at $1.75 in this Form 4?

The 1,670 Granite Point shares disposed of at $1.75 per share were used to pay tax liabilities linked to the equity award. This “F” coded transaction is a tax‑withholding disposition, not an open‑market sale initiated for investment purposes.
Granite Point Mo

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