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  4. [Form 4] Granite Point Mortgage Trust Inc. Insider Trading Activity

Granite Point Mortgage (NYSE: GPMT) counsel settles RSUs with share tax payments

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

Rhea-AI Filing Summary

Granite Point Mortgage Trust Inc. General Counsel and Secretary Michael J. Karber reported multiple equity compensation transactions. On March 1, 2026, he exercised 22,489 restricted stock units into common stock and then had 12,128 common shares withheld at $1.7400 per share to cover tax obligations.

On February 27, 2026, he exercised two tranches of restricted stock units into common stock, one for 24,887 shares and another for 12,831 shares, with tax-withholding dispositions of 20,555 common shares at $1.7400 per share. Footnotes explain these restricted stock units were previously granted under Granite Point Mortgage Trust’s omnibus incentive plans and vest in stages over several future dates, subject to continued service.

Positive

  • None.

Negative

  • None.
Insider Karber Michael J.
Role General Counsel and Secretary
Type Security Shares Price Value
Exercise Restricted Stock Units 22,489 $0.00 --
Exercise Common Stock 22,489 $0.00 --
Tax Withholding Common Stock 12,128 $1.74 $21K
Exercise Restricted Stock Units 24,887 $0.00 --
Exercise Restricted Stock Units 12,831 $0.00 --
Exercise Common Stock 24,887 $0.00 --
Exercise Common Stock 12,831 $0.00 --
Tax Withholding Common Stock 20,555 $1.74 $36K
Holdings After Transaction: Restricted Stock Units — 22,490 shares (Direct); Common Stock — 123,950 shares (Direct)
Footnotes (1)
  1. Restricted stock units convert into common stock on a one-for-one basis. On February 27, 2025, the reporting person was granted 74,663 restricted stock units under the Granite Point Mortgage Trust Inc. 2022 Omnibus Incentive Plan, vesting 33% on each of February 27, 2026, and February 27, 2027, and 34% on February 27, 2028, subject to continued service with GPMT through the applicable vesting date. On June 5, 2025, the reporting person was granted 38,494 restricted stock units under the Amended and Restated Granite Point Mortgage Trust Inc. 2022 Omnibus Incentive Plan, vesting 33% on each of February 27, 2026, and February 27, 2027, and 34% on February 27, 2028, subject to continued service with GPMT through the applicable vesting date. On March 1, 2024, the reporting person was granted 67,468 restricted stock units under the Granite Point Mortgage Trust Inc. 2022 Omnibus Incentive Plan, vesting 33% on each of March 1, 2025, and March 1, 2026, and 34% on March 1, 2027, subject to continued service with GPMT through the applicable vesting date.
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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)
02/27/2026
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 02/27/2026 M 24,887 A (1) 109,185 D
Common Stock 02/27/2026 M 12,831 A (1) 122,016 D
Common Stock 02/27/2026 F 20,555 D $1.74 101,461 D
Common Stock 03/01/2026 M 22,489 A (1) 123,950 D
Common Stock 03/01/2026 F 12,128 D $1.74 111,822 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) 02/27/2026 M 24,887 (2) 02/27/2028(2) Common Stock 24,887 $0 49,776 D
Restricted Stock Units $0(1) 02/27/2026 M 12,831 (3) 02/27/2028(3) Common Stock 12,831 $0 25,663 D
Restricted Stock Units $0(1) 03/01/2026 M 22,489 (4) 03/01/2027(4) Common Stock 22,489 $0 22,490 D
Explanation of Responses:
1. Restricted stock units convert into common stock on a one-for-one basis.
2. On February 27, 2025, the reporting person was granted 74,663 restricted stock units under the Granite Point Mortgage Trust Inc. 2022 Omnibus Incentive Plan, vesting 33% on each of February 27, 2026, and February 27, 2027, and 34% on February 27, 2028, subject to continued service with GPMT through the applicable vesting date.
3. On June 5, 2025, the reporting person was granted 38,494 restricted stock units under the Amended and Restated Granite Point Mortgage Trust Inc. 2022 Omnibus Incentive Plan, vesting 33% on each of February 27, 2026, and February 27, 2027, and 34% on February 27, 2028, subject to continued service with GPMT through the applicable vesting date.
4. On March 1, 2024, the reporting person was granted 67,468 restricted stock units under the Granite Point Mortgage Trust Inc. 2022 Omnibus Incentive Plan, vesting 33% on each of March 1, 2025, and March 1, 2026, and 34% on March 1, 2027, subject to continued service with GPMT through the applicable vesting date.
Remarks:
/s/ Michael J. Karber 03/02/2026
** 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

FAQ

What insider transactions did GPMT’s Michael J. Karber report in this Form 4?

Michael J. Karber reported exercises of restricted stock units into Granite Point Mortgage Trust common stock and related tax-withholding share dispositions. These transactions reflect equity awards vesting and being settled, rather than open-market purchases or sales of GPMT shares.

How many Granite Point Mortgage Trust shares were disposed of for taxes in the Form 4?

The filing shows tax-withholding dispositions of 20,555 and 12,128 Granite Point Mortgage Trust common shares, both at a price of $1.7400 per share. These transactions were coded “F,” meaning shares were delivered to satisfy tax liabilities from equity award exercises.

What do the restricted stock unit exercises mean for GPMT’s Michael J. Karber?

The restricted stock unit exercises increase Michael J. Karber’s direct holdings of Granite Point Mortgage Trust common stock as awards vest. RSUs convert into common stock on a one-for-one basis, reflecting compensation previously granted under the company’s omnibus incentive plans.

Were the GPMT insider transactions open-market buys or sells?

The transactions were not open-market buys or sells. They were coded “M” for derivative exercises or conversions of restricted stock units and “F” for tax-withholding dispositions, where shares are delivered to cover tax obligations from vesting equity awards.

What plans govern the restricted stock units in this GPMT Form 4?

The restricted stock units were granted under the Granite Point Mortgage Trust Inc. 2022 Omnibus Incentive Plan and its amended and restated version. Footnotes describe grants on February 27, 2025, June 5, 2025, and March 1, 2024, with vesting over several future dates.