Granite Point (NYSE: GPMT) CEO exercises 74,405 RSUs, 41,131 shares withheld for tax

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Form Type

Rhea-AI Filing Summary

Granite Point Mortgage Trust President and CEO John A. Taylor exercised restricted stock units into common shares and had shares withheld for taxes. On March 15, 2026, 74,405 restricted stock units converted into 74,405 shares of common stock at a conversion price of $0.00 per share.

The company notes these restricted stock units were granted on March 15, 2023 under the 2022 Omnibus Incentive Plan and vest in three annual tranches, including the portion vesting on March 15, 2026. To cover tax obligations related to the vesting, 41,131 common shares were disposed of at $1.57 per share through tax withholding rather than an open-market sale.

Following these transactions, Taylor directly holds 651,735.587 shares of Granite Point Mortgage Trust common stock. No derivative securities remain from this restricted stock unit grant in this filing.

Insider Trade Summary

Net Buyer: 33,274 shares

Net Buy 3 txns

Insider TAYLOR JOHN A

Role President and CEO

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	74,405	$0.00	$0.00
Exercise	Common Stock	74,405	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	41,131	$1.57	$65K

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Common Stock — 651,735.587 shares (Direct)

Footnotes (2)

F1. Restricted stock units convert into common stock on a one-for-one basis.
F2. On March 15, 2023, the reporting person was granted 223,214 restricted stock units under the Granite Point Mortgage Trust Inc. 2022 Omnibus Incentive Plan, vesting 33% on each of March 15, 2024, and March 15, 2025, and 34% on March 15, 2026, subject to continued service with GPMT through the applicable vesting date.

FAQ

What insider transactions did GPMT CEO John A. Taylor report on March 15, 2026?

John A. Taylor reported exercising 74,405 restricted stock units into common stock. As part of the same event, 41,131 common shares were withheld to satisfy tax obligations related to the vesting, rather than being sold on the open market.

How many Granite Point (GPMT) shares does the CEO hold after this Form 4?

After the reported transactions, CEO John A. Taylor directly holds 651,735.587 shares of Granite Point Mortgage Trust common stock. This figure reflects the net position after exercising restricted stock units and the share withholding for associated tax liabilities.

What derivative securities did the GPMT CEO exercise in this filing?

Taylor exercised 74,405 restricted stock units that converted into 74,405 shares of common stock at a conversion price of $0.00 per share. These units were granted on March 15, 2023 under the company’s 2022 Omnibus Incentive Plan.

Why were 41,131 GPMT shares disposed of in the CEO’s Form 4?

The 41,131 common shares were disposed of at $1.57 per share to pay tax liabilities related to the vesting of restricted stock units. This was a tax-withholding disposition, not an open-market sale initiated for investment reasons.

What was the original grant of restricted stock units to the GPMT CEO?

On March 15, 2023, Taylor was granted 223,214 restricted stock units under the 2022 Omnibus Incentive Plan. The units vest 33% on March 15, 2024, 33% on March 15, 2025, and 34% on March 15, 2026, subject to continued service.

Does the GPMT Form 4 indicate any remaining derivative awards for the CEO?

The filing’s derivative section shows the 74,405 restricted stock units were exercised into common stock, and no remaining derivative positions are listed. This indicates the reported RSU tranche from the 2023 grant has been fully converted in this transaction.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 03/16/2026 - 04:55 PM

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^*

TAYLOR JOHN A

(Last)

(First)

(Middle)

1114 AVENUE OF THE AMERICAS

SUITE 3020

(Street)

NEW YORK

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)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
03/15/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/15/2026		M		74,405	A	⁽¹⁾	692,866.587	D
Common Stock	03/15/2026		F		41,131	D	$1.57	651,735.587	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	$0⁽¹⁾	03/15/2026		M			74,405	⁽²⁾	03/15/2026⁽²⁾	Common Stock	74,405	$0	0	D

Explanation of Responses:

1. Restricted stock units convert into common stock on a one-for-one basis.

2. On March 15, 2023, the reporting person was granted 223,214 restricted stock units under the Granite Point Mortgage Trust Inc. 2022 Omnibus Incentive Plan, vesting 33% on each of March 15, 2024, and March 15, 2025, and 34% on March 15, 2026, subject to continued service with GPMT through the applicable vesting date.

Remarks:

	/s/ Michael J. Karber, as attorney-in-fact for John A. Taylor	03/16/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR