Granite Point CFO exercises RSUs, withholds shares

Granite Point Mortgage Trust Inc.’s Chief Financial Officer Blake Johnson reported equity award activity involving restricted stock units (RSUs) and common stock.

Rhea-AI Filing Summary

Granite Point Mortgage Trust Inc.’s Chief Financial Officer Blake Johnson reported equity award activity involving restricted stock units (RSUs) and common stock. On February 27, 2026, RSUs were exercised on a one-for-one basis into common stock in blocks of 9,646 and 4,973 shares.

These RSUs relate to grants of 28,939 units on February 27, 2025 and 14,920 units on June 5, 2025 under the company’s omnibus incentive plan, vesting 33% on each of February 27, 2026 and 2027, and 34% on February 27, 2028, subject to continued service. A total of 7,966 common shares were disposed of at $1.74 per share to satisfy tax obligations linked to these awards.

Following these transactions, Johnson directly held 17,868 shares of Granite Point Mortgage Trust common stock.

Insider Trade Summary

14,619 shares exercised/converted

Exercise 5 txns

Insider Johnson Blake

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	9,646	$0.00	$0.00
Exercise	Restricted Stock Units	4,973	$0.00	$0.00
Exercise	Common Stock	9,646	$0.00	$0.00
Exercise	Common Stock	4,973	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	7,966	$1.74	$14K

Holdings After Transaction: Restricted Stock Units — 29,240 contracts (Direct); Common Stock — 17,868 shares (Direct)

Footnotes (3)

1. F1. Restricted stock units convert into common stock on a one-for-one basis.
2. F2. On February 27, 2025, the reporting person was granted 28,939 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. F3. On June 5, 2025, the reporting person was granted 14,920 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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did GPMT CFO Blake Johnson report in this Form 4 filing?

Blake Johnson reported RSU conversions into Granite Point Mortgage Trust common stock and a related tax-share disposition. RSUs converted one-for-one into common shares, and some shares were delivered at $1.74 per share to cover withholding taxes.

How many Granite Point (GPMT) shares were acquired through RSU conversions?

The filing shows RSU exercises resulting in common stock amounts of 9,646 and 4,973 shares. These reflect equity compensation awards converting into Granite Point Mortgage Trust common stock as part of scheduled vesting under the company’s omnibus incentive plan.

How many GPMT shares were used for tax withholding in this Form 4?

The filing reports a disposition of 7,966 shares of Granite Point Mortgage Trust common stock at $1.74 per share. This transaction is coded as a tax-withholding disposition, meaning shares were delivered to satisfy tax liabilities from equity awards.

What RSU grants underlie Blake Johnson’s reported GPMT transactions?

The activity relates to 28,939 RSUs granted February 27, 2025 and 14,920 RSUs granted June 5, 2025. Both grants were issued under Granite Point Mortgage Trust’s 2022 Omnibus Incentive Plan and its amendment, with vesting over three yearly tranches.

How do the GPMT RSU grants for the CFO vest over time?

Each RSU grant vests 33% on February 27, 2026, 33% on February 27, 2027, and 34% on February 27, 2028. Vesting is conditioned on Blake Johnson’s continued service with Granite Point Mortgage Trust through each applicable vesting date.

How many Granite Point (GPMT) common shares does the CFO hold after these transactions?

After the reported RSU conversions and tax-share disposition, Blake Johnson directly holds 17,868 shares of Granite Point Mortgage Trust common stock. This figure reflects his direct ownership following the February 27, 2026 transactions reported in the Form 4.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/02/2026 - 04:32 PM Learn about SEC filing dates

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^*

Johnson Blake

(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)
	Chief Financial Officer

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		9,646	A	(1)	20,861	D
Common Stock	02/27/2026		M		4,973	A	(1)	25,834	D
Common Stock	02/27/2026		F		7,966	D	$1.74	17,868	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			9,646	(2)	02/27/2028(2)	Common Stock	9,646	$0	19,293	D
Restricted Stock Units	$0(1)	02/27/2026		M			4,973	(3)	02/27/2028(3)	Common Stock	4,973	$0	9,947	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 28,939 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 14,920 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.

Remarks:

	/s/ Michael J. Karber, as attorney-in-fact for Blake N. Johnson	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).
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