STOCK TITAN

79,496 RSUs granted to Granite Point (NYSE: GPMT) CDO

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

Rhea-AI Filing Summary

Morral Peter M. reported acquisition or exercise transactions in this Form 4 filing.

Granite Point Mortgage Trust Inc. reported that Chief Development Officer Peter M. Morral received a grant of 79,496 restricted stock units (RSUs) as equity compensation. The RSUs were granted at no cash cost and each unit represents the right to receive one share of GPMT common stock.

The award was issued under the company’s Amended and Restated 2022 Omnibus Incentive Plan. It vests 33% on March 5, 2027, 33% on March 5, 2028, and 34% on March 5, 2029, subject to the terms and conditions of the award agreement.

Positive

  • None.

Negative

  • None.
Insider Morral Peter M.
Role Chief Development Officer
Type Security Shares Price Value
Grant/Award Restricted Stock Units 79,496 $0.00 --
Holdings After Transaction: Restricted Stock Units — 79,496 shares (Direct)
Footnotes (1)
  1. [object Object]
RSUs granted 79,496 units Restricted stock units granted to CDO Peter M. Morral
RSU-to-share ratio 1-to-1 Each RSU equals one share of GPMT common stock
Vesting 2027 33% Portion of RSU award vesting on March 5, 2027
Vesting 2028 33% Portion of RSU award vesting on March 5, 2028
Vesting 2029 34% Final portion vesting on March 5, 2029
Exercise price $0.00 per unit RSU grant recorded with no cash exercise price
Award expiration March 5, 2029 Expiration date listed for the RSU award
Restricted Stock Units financial
"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 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.
Amended and Restated 2022 Omnibus Incentive Plan financial
"award issued under Granite Point Mortgage Trust Inc.'s Amended and Restated 2022 Omnibus Incentive Plan."
contingent rights financial
"Restricted stock units are contingent rights to receive a share of GPMT common stock on a 1-to-1 basis."
vests financial
"This award vests 33% on each of March 5, 2027, and March 5, 2028, and 34% on March 5, 2029."
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*
Morral Peter M.

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Development Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026
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$0(1)03/05/2026A79,496 (1)03/05/2029Common Stock79,496$079,496D
Explanation of Responses:
1. 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.
Remarks:
/s/ Michael J. Karber, as attorney-in-fact for Peter Morral04/08/2026
** 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 insider transaction did Granite Point Mortgage Trust (GPMT) report for Peter M. Morral?

Granite Point Mortgage Trust reported an equity grant to Peter M. Morral. He received 79,496 restricted stock units as compensation, not an open‑market share purchase, under the Amended and Restated 2022 Omnibus Incentive Plan, with vesting spread from 2027 through 2029.

How many restricted stock units did GPMT grant to Peter M. Morral?

Peter M. Morral was granted 79,496 restricted stock units. Each RSU represents a contingent right to receive one share of Granite Point Mortgage Trust common stock, providing long-term equity-based compensation tied directly to the company’s share performance over several future years.

What are the vesting terms of Peter M. Morral’s GPMT RSU award?

The RSU award vests in three annual installments. It vests 33% on March 5, 2027, another 33% on March 5, 2028, and the remaining 34% on March 5, 2029, subject to the conditions in the underlying award agreement.

Does Peter M. Morral’s RSU grant under GPMT require him to pay a purchase price?

No, the RSU grant does not require a cash purchase price. The award was recorded at a transaction price of $0.00 per unit, reflecting a compensation grant where shares, if and when delivered, are earned through continued service and vesting conditions.

What does each restricted stock unit in the GPMT award represent?

Each RSU represents a contingent right to one GPMT common share. Upon vesting and settlement, each unit can deliver one share of Granite Point Mortgage Trust common stock on a 1‑to‑1 basis, aligning executive incentives with shareholder value.