Granite Point (NYSE: GPMT) CDO reports stock award and tax share disposition

Rhea-AI Filing Summary

Granite Point Mortgage Trust Inc. Chief Development Officer Peter M. Morral reported mixed equity transactions involving company common stock. He acquired 7,142 shares on March 5, 2026 through a grant/award tied to a performance stock unit award issued on March 15, 2023 under the 2022 Omnibus Incentive Plan. On the same date, 3,645 shares were disposed of at $1.75 per share to cover tax obligations, leaving him with 113,783 directly owned shares of common stock.

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

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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^*

Morral Peter M.

(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 Development Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026

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	03/05/2026(1)		A		7,142	A	$0	117,428(2)	D
Common Stock	03/05/2026		F		3,645	D	$1.75	113,783	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

Explanation of Responses:

1. On March 15, 2023, the reporting person was issued an award of performance stock units under the Granite Point Mortgage Trust Inc. 2022 Omnibus Incentive Plan. The number of units from the award that were earned and eligible to be settled in shares of common stock was determined on March 5, 2026, based on the company performance against certain present performance measures during the three-year performance period of January 1, 2023, through December 31, 2025.

2. Prior to the date of the reporting person's last ownership report, he transferred 18,084 shares of Granite Point Mortgage Trust Inc. Common Stock to his ex-spouse pursuant to a domestic relations order.

Remarks:

	/s/ Michael J. Karber, as attorney-in-fact for Peter Morral	03/06/2026
	** 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.

FAQ

What insider transactions did GPMT executive Peter M. Morral report?

Peter M. Morral reported a mixed Form 4 transaction. He acquired 7,142 Granite Point Mortgage Trust common shares via an equity award and disposed of 3,645 shares to satisfy tax obligations, ending with 113,783 directly owned shares after these transactions.

How many Granite Point Mortgage Trust (GPMT) shares did the insider acquire?

Peter M. Morral acquired 7,142 GPMT common shares. These shares were delivered on March 5, 2026 upon settlement of performance stock units granted on March 15, 2023 under the 2022 Omnibus Incentive Plan, following completion of a three-year performance period.

Why were some Granite Point Mortgage Trust (GPMT) shares disposed of in this Form 4?

Morral disposed of 3,645 GPMT common shares at $1.75 per share. The filing identifies this as a tax-withholding disposition, meaning shares were withheld or delivered to cover tax liabilities related to the equity award settlement.

What is Peter M. Morral’s Granite Point Mortgage Trust share ownership after the transactions?

After the reported transactions, Peter M. Morral directly owns 113,783 GPMT common shares. This balance reflects both the 7,142-share equity award acquisition and the 3,645-share tax-withholding disposition recorded on March 5, 2026.

How were the earned GPMT performance stock units determined for Peter M. Morral?

The earned units were determined based on company performance. The award, granted March 15, 2023, used performance measures over a three-year period from January 1, 2023 through December 31, 2025, with results measured on March 5, 2026.

Does the Form 4 mention prior transfers of GPMT shares by Peter M. Morral?

Yes. A footnote explains that before his last ownership report, Morral transferred 18,084 GPMT common shares to his ex-spouse pursuant to a domestic relations order, separate from the March 5, 2026 equity award and tax-withholding transactions.