STOCK TITAN

Granite Point (NYSE: GPMT) director awarded 34,902 RSUs vesting 2027

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Halter Patrick Gregory reported acquisition or exercise transactions in this Form 4 filing.

Granite Point Mortgage Trust director Patrick Gregory Halter received a grant of 34,902 restricted stock units as equity compensation. Each unit represents a contingent right to receive one share of GPMT common stock. The award vests in a single tranche on June 4, 2027, subject to continued service.

Positive

  • None.

Negative

  • None.
Insider Halter Patrick Gregory
Role null
Type Security Shares Price Value
Grant/Award Restricted Stock Units 34,902 $0.00 --
Holdings After Transaction: Restricted Stock Units — 34,902 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant size 34,902 units Restricted stock units granted to director on June 4, 2026
Underlying common shares 34,902 shares Each RSU converts into one GPMT common share
Exercise price $0.00 per unit No cash exercise price for RSU award
Vesting date June 4, 2027 Award vests in a single tranche on this date
Expiration date June 4, 2027 RSUs expire on the same date as vesting
Holdings after grant 34,902 units Total restricted stock units held following this transaction
Restricted Stock Units financial
"Represents a restricted stock unit award issued under the Amended and Restated Granite Point Mortgage Trust Inc. 2022 Omnibus Incentive Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Omnibus Incentive Plan financial
"issued under the Amended and Restated Granite Point Mortgage Trust Inc. 2022 Omnibus Incentive Plan."
An omnibus incentive plan is a single, flexible program a company uses to give employees and executives different types of pay tied to performance — for example stock options, restricted shares, cash bonuses and other awards — all governed by one set of rules. It matters to investors because it determines how many new shares may be created, how leaders are motivated and how much the company will spend on compensation over time; think of it as a master toolbox that affects both costs and the total share supply.
vests in a single tranche financial
"This award vests in a single tranche on June 4, 2027, subject to continued service with GPMT."
contingent rights financial
"Restricted stock units are contingent rights to receive a share of GPMT common stock on a 1-to-1 basis."
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
SEC Form 4
FORM 4UNITED 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*
Halter Patrick Gregory

(Last)(First)(Middle)
1114 AVENUE OF THE AMERICAS
SUITE 3020

(Street)
NEW YORK NEW YORK 10036

(City)(State)(Zip)

UNITED STATES

(Country)
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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/04/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)06/04/2026A34,902 (1)06/04/2027Common Stock34,902$034,902D
Explanation of Responses:
1. Represents a restricted stock unit award issued under the Amended and Restated Granite Point Mortgage Trust Inc. 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 in a single tranche on June 4, 2027, subject to continued service with GPMT.
Remarks:
/s/ Michael J. Karber, as attorney-in-fact for Patrick G. Halter06/04/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Granite Point Mortgage Trust (GPMT) report in this Form 4?

GPMT reported an equity award to director Patrick Gregory Halter consisting of 34,902 restricted stock units. These units are a form of stock-based compensation and do not involve any open-market purchase or sale of Granite Point Mortgage Trust common shares.

How many restricted stock units did the GPMT director receive?

The director received 34,902 restricted stock units as part of his compensation. These units give him the right to receive 34,902 shares of GPMT common stock on a one-for-one basis, subject to vesting and continued service with Granite Point Mortgage Trust.

When do Patrick Gregory Halter’s GPMT restricted stock units vest?

The restricted stock units vest on June 4, 2027, in a single tranche. Vesting is contingent on continued service with Granite Point Mortgage Trust through that date, meaning the director must remain in service for the full vesting period to receive the underlying shares.

Are the GPMT restricted stock units tied to a specific incentive plan?

Yes, the award is issued under the 2022 Omnibus Incentive Plan, as amended and restated by Granite Point Mortgage Trust. This plan governs equity-based compensation, including restricted stock units granted to directors and other eligible participants of the company.

Do the restricted stock units involve any cash payment or exercise price?

No cash exercise price is required for these units, which were granted at a price per unit of $0.00. They are contingent rights to receive GPMT common stock upon vesting, rather than options that require paying an exercise price in the future.

How many derivative securities does the director hold after this transaction?

After the grant, the director holds 34,902 restricted stock units related to GPMT common stock. The Form 4 does not show any additional derivative positions, and there were no reported sales or disposals in connection with this equity award grant.