Granite Point (NYSE: GPMT) director exercises 40,846 RSUs into common shares
Rhea-AI Filing Summary
Granite Point Mortgage Trust director Lazar Nikolic reported an equity award vesting and option-style exercise. On June 5, 2026, he exercised 40,846 restricted stock units, converting them into the same number of common shares at $0.00 per share. The filing notes these RSUs were granted on June 5, 2025 and vested in full on the first anniversary of the grant date under the Amended and Restated Granite Point Mortgage Trust Inc. 2022 Omnibus Incentive Plan.
Following the transaction, Nikolic holds 93,648 shares of common stock directly. He also reports indirect ownership of additional Granite Point shares held through related entities and family relationships, including JPL Opportunity Fund LP, Giordano Family Trusts, Soaring Eagle LLC, and his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 40,846 shares
Net Buy
6 txns
Insider
Nikolic Lazar
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 40,846 | $0.00 | $0.00 |
| Exercise | Common Stock | 40,846 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 93,648 shares (Direct);
Common Stock — 55,000 shares (Indirect, Soaring Eagle LLC);
Common Stock — 419,809 shares (Indirect, Giordano Family Trusts);
Common Stock — 173,139 shares (Indirect, Spouse);
Common Stock — 655,794 shares (Indirect, JPL Opportunity Fund LP)
Footnotes (5)
- F1. Restricted stock units convert into common stock on a one-for-one basis.
- F2. The Reporting Person is a Managing Member of Soaring Eagle LLC's investment advisor.
- F3. The Reporting Person's spouse is the sole investment trustee of Giordano Family Trusts.
- F4. The Reporting Person is a Managing Member of JPL Opportunity Fund LP's manager.
- F5. On June 5, 2025, the reporting person was granted 40,846 restricted stock units under the Amended and Restated Granite Point Mortgage Trust Inc. 2022 Omnibus Incentive Plan, which vested in full on the first anniversary of the grant date.
Key Figures
RSUs exercised: 40,846 units
Exercise price: $0.00 per share
Direct shares after transaction: 93,648 shares
+5 more
8 metrics
RSUs exercised
40,846 units
Restricted stock units converting 1-for-1 into common stock
Exercise price
$0.00 per share
Conversion of RSUs into common stock
Direct shares after transaction
93,648 shares
Common stock held directly following RSU conversion
Indirect JPL Opportunity Fund LP holding
655,794 shares
Common stock reported as indirectly owned
Indirect spouse holding
173,139 shares
Common stock held through spouse
Indirect Giordano Family Trusts holding
419,809 shares
Common stock held via family trusts
Indirect Soaring Eagle LLC holding
55,000 shares
Common stock reported as indirectly owned
RSU grant date
June 5, 2025
Grant under 2022 Omnibus Incentive Plan
Key Terms
Restricted stock units, Amended and Restated Granite Point Mortgage Trust Inc. 2022 Omnibus Incentive Plan, Managing Member, Family Trusts, +1 more
5 terms
Restricted stock units financial
"Restricted stock units convert into common stock on a one-for-one basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Amended and Restated Granite Point Mortgage Trust Inc. 2022 Omnibus Incentive Plan financial
"granted 40,846 restricted stock units under the Amended and Restated Granite Point Mortgage Trust Inc. 2022 Omnibus Incentive Plan"
Managing Member financial
"The Reporting Person is a Managing Member of Soaring Eagle LLC's investment advisor."
Family Trusts financial
"The Reporting Person's spouse is the sole investment trustee of Giordano Family Trusts."
investment advisor financial
"The Reporting Person is a Managing Member of Soaring Eagle LLC's investment advisor."
An investment advisor is a person or firm that provides personalized guidance on buying, selling and managing investments and often oversees client portfolios for a fee. For investors this matters because the advisor shapes risk, costs and long-term returns, and is typically required by law to act in the client’s best interests — think of them as a financial coach or GPS that helps navigate choices and avoid costly detours.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Lazar Nikolic report at Granite Point (GPMT)?
Lazar Nikolic reported exercising 40,846 restricted stock units into common shares of Granite Point Mortgage Trust. The RSUs vested in full one year after grant under the company’s 2022 Omnibus Incentive Plan, and converted to common stock on a one-for-one basis.
What was the origin and vesting schedule of the 40,846 RSUs reported by GPMT’s director?
The 40,846 restricted stock units were granted on June 5, 2025 under Granite Point’s Amended and Restated 2022 Omnibus Incentive Plan. They vested in full on the first anniversary of that grant date, then converted into common stock on a one-for-one basis upon vesting.
How many Granite Point RSUs remain outstanding for Lazar Nikolic after this Form 4?
The derivative position shown in the filing for 40,846 restricted stock units has a post-transaction balance of zero. This indicates all RSUs covered by this specific grant were converted into common stock, leaving no remaining units from that award.