GPMT awards 73,294 RSUs to general counsel
Karber Michael J. reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Karber Michael J. reported acquisition or exercise transactions in this Form 4 filing.
Granite Point Mortgage Trust Inc. reported that General Counsel and Secretary Michael J. Karber received a grant of 73,294 restricted stock units (RSUs) tied to the company’s common stock. These RSUs were awarded as compensation under the Amended and Restated 2022 Omnibus Incentive Plan, not through open‑market trading.
Each RSU represents a contingent right to receive one share of GPMT common stock. The award vests over three years, with 33% vesting on March 5, 2027, 33% on March 5, 2028, and the remaining 34% on March 5, 2029, subject to the terms and conditions of the award agreement.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 73,294 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents a restricted stock unit award issued under Granite Point Mortgage Trust Inc.'s Amended and Restated 2022 Omnibus Incentive Plan. Restricted stock units are contingent rights to receive a share of GPMT common stock on a 1-to-1 basis. This award vests 33% on each of March 5, 2027, and March 5, 2028, and 34% on March 5, 2029, subject to the terms and conditions contained in the award agreement.
Key Figures
Key Terms
Restricted Stock Units financial
Amended and Restated 2022 Omnibus Incentive Plan financial
vesting financial
contingent rights financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GPMT report for Michael J. Karber?
How many restricted stock units did GPMT grant to Michael J. Karber?
What is the vesting schedule for Michael J. Karber’s GPMT RSU award?
Are Michael J. Karber’s RSUs from GPMT an open-market stock purchase?
What does each GPMT restricted stock unit granted to Michael J. Karber represent?
When do Michael J. Karber’s GPMT RSUs expire if unvested or unsettled?
AI-generated analysis. How Rhea-AI works. Not financial advice.