Granite Point director discloses Series A preferred purchases
Rhea-AI Filing Summary
Granite Point Mortgage Trust (GPMT) — director share purchases reported. Director Lazar Nikolic reported open‑market purchases of the company’s 7.00% Series A Preferred Stock. On 11/10/2025, he bought 4,000 shares at a weighted average price of $19.31. On 11/11/2025, he bought 3,500 shares at a weighted average price of $19.3 and 8,736 shares at a weighted average price of $19.39.
Following these transactions, reported beneficial holdings include 8,193 shares held indirectly through Soaring Eagle LLC, 4,500 shares held directly, 8,736 shares held indirectly via Giordano Family Trusts, and 33,028 shares held indirectly via JPL Opportunity Fund LP, as noted in the filing’s footnotes regarding the reporting person’s roles with those entities.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | 7.00% Series A Preferred Stock | 3,500 | $19.30 | $68K |
| Purchase | 7.00% Series A Preferred Stock | 8,736 | $19.39 | $169K |
| Purchase | 7.00% Series A Preferred Stock | 4,000 | $19.31 | $77K |
| holding | 7.00% Series A Preferred Stock | -- | -- | -- |
Footnotes (5)
- F1. Per share price reflects the weighted average price paid. The shares were purchased in multiple transactions at prices ranging from $19.30 to $19.31. The reporting person undertakes to provide, upon request, full information regarding the shares purchased in such transactions.
- F2. The Reporting Person is a Managing Member of Soaring Eagle LLC's investment advisor.
- F3. Per share price reflects the weighted average price paid. The shares were purchased in multiple transactions at prices ranging from $19.285 to $19.3099. The reporting person undertakes to provide, upon request, full information regarding the shares purchased in such transactions.
- F4. Per share price reflects the weighted average price paid. The shares were purchased in multiple transactions at prices ranging from $19.32 to $19.45. The reporting person undertakes to provide, upon request, full information regarding the shares purchased in such transactions.
- F5. The Reporting Person is a Managing Member of JPL Opportunity Fund LP's manager.
FAQ
What did GPMT’s director report on Form 4?
What is the reporting person’s relationship to GPMT?
How are the reported holdings structured after the transactions?
What roles link the reporting person to the indirect holdings?
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