Granite Point CEO exercises RSUs, withholds shares
Granite Point Mortgage Trust President and CEO John A. Taylor reported several equity compensation transactions.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 78,452 | $0.00 | $0.00 |
| Exercise | Common Stock | 78,452 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 43,370 | $1.74 | $75K |
| Exercise | Restricted Stock Units | 86,818 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 44,760 | $0.00 | $0.00 |
| Exercise | Common Stock | 86,818 | $0.00 | $0.00 |
| Exercise | Common Stock | 44,760 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 72,748 | $1.74 | $127K |
Footnotes (4)
- F1. Restricted stock units convert into common stock on a one-for-one basis.
- F2. 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.
- F3. 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.
- F4. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did GPMT CEO John A. Taylor report on this Form 4?
How many Granite Point Mortgage Trust (GPMT) RSUs did the CEO convert to common stock?
What is John A. Taylor’s direct GPMT common stock holding after these transactions?
How do GPMT restricted stock units held by the CEO vest over time?
AI-generated analysis. How Rhea-AI works. Not financial advice.