Granite Point director discloses Series A preferred purchases
Filing Impact
Filing Sentiment
Form Type
4
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
Net Buyer: 16,236 shares ($314,181)
Net Buy
4 txns
Insider
Nikolic Lazar
Role
Director
Bought
16,236 shs ($314K)
| 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 | -- | -- | -- |
Holdings After Transaction:
7.00% Series A Preferred Stock — 4,500 shares (Direct);
7.00% Series A Preferred Stock — 8,736 shares (Indirect, Giordano Family Trusts)
Footnotes (1)
- 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. The Reporting Person is a Managing Member of Soaring Eagle LLC's investment advisor. 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. 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. The Reporting Person is a Managing Member of JPL Opportunity Fund LP's manager.
FAQ
What did GPMT’s director report on Form 4?
He reported purchases of 7.00% Series A Preferred Stock on 11/10/2025 and 11/11/2025 at weighted average prices of $19.31, $19.3, and $19.39.
What is the reporting person’s relationship to GPMT?
He is a Director of Granite Point Mortgage Trust Inc.
How are the reported holdings structured after the transactions?
8,193 shares indirectly via Soaring Eagle LLC; 4,500 shares directly; 8,736 shares indirectly via Giordano Family Trusts; 33,028 shares indirectly via JPL Opportunity Fund LP.
What roles link the reporting person to the indirect holdings?
He is a Managing Member of Soaring Eagle LLC’s investment advisor and a Managing Member of JPL Opportunity Fund LP’s manager, per the footnotes.