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Granite Point (GPMT) CEO converts RSUs, withholds shares for taxes

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

Rhea-AI Filing Summary

Granite Point Mortgage Trust President and CEO John A. Taylor reported several equity compensation transactions. On February 27, 2026 and March 1, 2026, he exercised multiple blocks of restricted stock units into common stock, including 78,452, 86,818 and 44,760 shares at a conversion price of $0.00 per share.

To cover tax obligations from these vestings, Taylor disposed of 43,370 and 72,748 shares of common stock at $1.74 per share through tax-withholding transactions coded "F." After these moves, his directly held common stock position was 612,461.587 shares on March 1 and 577,379.587 shares on February 27.

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*
TAYLOR JOHN A

(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026
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 02/27/2026 M 86,818 A (1) 605,367.587 D
Common Stock 02/27/2026 M 44,760 A (1) 650,127.587 D
Common Stock 02/27/2026 F 72,748 D $1.74 577,379.587 D
Common Stock 03/01/2026 M 78,452 A (1) 655,831.587 D
Common Stock 03/01/2026 F 43,370 D $1.74 612,461.587 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
Restricted Stock Units $0(1) 02/27/2026 M 86,818 (2) 02/27/2028(2) Common Stock 86,818 $0 173,637 D
Restricted Stock Units $0(1) 02/27/2026 M 44,760 (3) 02/27/2028(3) Common Stock 44,760 $0 89,521 D
Restricted Stock Units $0(1) 03/01/2026 M 78,452 (4) 03/01/2027(4) Common Stock 78,452 $0 78,452 D
Explanation of Responses:
1. Restricted stock units convert into common stock on a one-for-one basis.
2. On February 27, 2025, the reporting person was granted 260,455 restricted stock units under the Granite Point Mortgage Trust Inc. 2022 Omnibus Incentive Plan, vesting 33% on each of February 27, 2026, and February 27, 2027, and 34% on February 27, 2028, subject to continued service with GPMT through the applicable vesting date.
3. On June 5, 2025, the reporting person was granted 134,281 restricted stock units under the Amended and Restated Granite Point Mortgage Trust Inc. 2022 Omnibus Incentive Plan, vesting 33% on each of February 27, 2026, and February 27, 2027, and 34% on February 27, 2028, subject to continued service with GPMT through the applicable vesting date.
4. On March 1, 2024, the reporting person was granted 235,355 restricted stock units under the Granite Point Mortgage Trust Inc. 2022 Omnibus Incentive Plan, vesting 33% on each of March 1, 2025, and March 1, 2026, and 34% on March 1, 2027, subject to continued service with GPMT through the applicable vesting date.
Remarks:
/s/ Michael J. Karber, as attorney-in-fact for John A. Taylor 03/02/2026
** 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 transactions did GPMT CEO John A. Taylor report on this Form 4?

John A. Taylor reported exercising multiple restricted stock units into common stock and related tax-withholding dispositions. The transactions occurred on February 27, 2026 and March 1, 2026, reflecting scheduled equity award vesting and associated share deliveries.

How many Granite Point Mortgage Trust (GPMT) RSUs did the CEO convert to common stock?

The CEO converted several restricted stock unit blocks into common stock, including 78,452, 86,818 and 44,760 RSUs. Each restricted stock unit converts into one share of common stock under Granite Point Mortgage Trust’s omnibus incentive plans, according to the footnote disclosure.

What were the tax-withholding share dispositions reported by GPMT’s CEO?

Taylor reported two tax-withholding dispositions coded "F" totaling 43,370 and 72,748 shares of common stock. These shares were delivered at a transaction price of $1.74 per share to satisfy tax liabilities tied to the vesting and settlement of his restricted stock unit awards.

What is John A. Taylor’s direct GPMT common stock holding after these transactions?

After the reported transactions, Taylor directly held 612,461.587 shares of Granite Point Mortgage Trust common stock on March 1, 2026. Earlier, on February 27, 2026, his direct common stock holdings were 577,379.587 shares following the RSU exercises and tax-withholding dispositions.

How do GPMT restricted stock units held by the CEO vest over time?

Footnotes state several RSU grants vest in tranches of 33%, 33%, and 34% on specified future dates. Vesting is generally subject to continued service with Granite Point Mortgage Trust through each vesting date, under the company’s omnibus incentive plans.
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