Granite Point (NYSE: GPMT) GC nets shares after RSU vesting

Rhea-AI Filing Summary

Granite Point Mortgage Trust General Counsel and Secretary Michael J. Karber exercised 19,213 restricted stock units into the same number of common shares on March 15, 2026. To cover tax obligations, 9,452 shares were withheld, leaving him with 123,371 common shares held directly after the transactions.

The RSUs came from a 57,638-unit grant made on March 15, 2023 under the 2022 Omnibus Incentive Plan, which vested in three annual installments, with the final 34% tranche vesting on March 15, 2026.

Insider Trade Summary

19,213 shares exercised/converted

Mixed 3 txns

Insider Karber Michael J.

Role General Counsel and Secretary

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	19,213	$0.00	--
Exercise	Common Stock	19,213	$0.00	--
Tax Withholding	Common Stock	9,452	$1.57	$15K

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Common Stock — 132,823 shares (Direct)

Footnotes (1)

1. Restricted stock units convert into common stock on a one-for-one basis. On March 15, 2023, the reporting person was granted 57,638 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.

Form 4 Insider Transactions: What Each Field Means →

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^*

Karber Michael J.

(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)
	General Counsel and Secretary

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/15/2026		M		19,213	A	(1)	132,823	D
Common Stock	03/15/2026		F		9,452	D	$1.57	123,371	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
Restricted Stock Units	$0(1)	03/15/2026		M			19,213	(2)	03/15/2026(2)	Common Stock	19,213	$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 57,638 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	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.

FAQ

What insider transaction did GPMT General Counsel Michael Karber report?

Michael J. Karber exercised 19,213 restricted stock units into common shares. As part of this vesting event, 9,452 shares were withheld to satisfy tax liabilities, and he ended with 123,371 Granite Point Mortgage Trust common shares held directly afterward.

How many Granite Point (GPMT) shares does Michael Karber hold after this Form 4?

Following the March 15, 2026 transactions, Michael J. Karber directly holds 123,371 shares of Granite Point Mortgage Trust common stock. This reflects the RSU conversion and the shares withheld to cover associated tax obligations from the vesting event.

What was the size and structure of Michael Karber’s original GPMT RSU grant?

On March 15, 2023, Michael J. Karber received 57,638 restricted stock units under Granite Point’s 2022 Omnibus Incentive Plan. The grant vested 33% on March 15, 2024, 33% on March 15, 2025, and the remaining 34% on March 15, 2026, contingent on continued service.

What does the tax-withholding transaction mean in GPMT’s Form 4 for Michael Karber?

The Form 4 shows 9,452 Granite Point common shares disposed of under code F. This represents shares withheld by the company to pay tax obligations arising from the RSU vesting, not an open-market sale initiated by Michael Karber.

How do the RSUs convert into Granite Point (GPMT) common stock for Michael Karber?

The filing states that restricted stock units convert into Granite Point common stock on a one-for-one basis. For this vesting, 19,213 RSUs converted into 19,213 common shares before a portion was withheld to satisfy related tax liabilities.