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Granite Point (NYSE: GPMT) CEO logs equity grant and tax share disposition

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

Rhea-AI Filing Summary

Granite Point Mortgage Trust Inc. reported that President and CEO John A. Taylor received an equity award and had shares withheld for taxes. On March 5, 2026, he acquired 13,392 shares of common stock through a grant/award at a stated price of $0.00 per share.

On the same date, 7,392 shares of common stock were disposed of at $1.75 per share to cover tax liabilities by delivering securities. After these transactions, he directly owned 618,461.587 shares of common stock.

A footnote explains that the shares relate to performance stock units granted on March 15, 2023 under the company’s 2022 Omnibus Incentive Plan, with the number of units earned determined based on company performance during the three-year period from January 1, 2023 through December 31, 2025.

Positive

  • None.

Negative

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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*
TAYLOR JOHN A

(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President and CEO
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 13,392 A $0 625,853.587 D
Common Stock 03/05/2026 F 7,392 D $1.75 618,461.587 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.
Remarks:
/s/ Michael J. Karber, as attorney-in-fact for John A. Taylor 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 President and CEO John A. Taylor report?

John A. Taylor reported receiving a grant of 13,392 Granite Point Mortgage Trust common shares and a tax-withholding disposition of 7,392 shares on March 5, 2026. These transactions reflect equity compensation settlement and related tax coverage, not open-market buying or selling activity.

How many GPMT shares does John A. Taylor own after this Form 4?

After the reported transactions, John A. Taylor directly owns 618,461.587 shares of Granite Point Mortgage Trust common stock. This figure reflects the net position after the 13,392-share equity grant and the 7,392-share tax-withholding share disposition on March 5, 2026.

What is the nature of the 13,392-share acquisition by GPMT’s CEO?

The 13,392-share acquisition is a grant or award of Granite Point Mortgage Trust common stock, reported at a price of $0.00 per share. It represents settlement of performance stock units earned under the 2022 Omnibus Incentive Plan based on multi-year company performance.

Why were 7,392 GPMT shares disposed of at $1.75 per share?

The 7,392 Granite Point Mortgage Trust shares were disposed of at $1.75 per share to satisfy tax liabilities by delivering securities. This tax-withholding disposition is indicated by transaction code “F” and is tied to the settlement of previously granted performance stock units.

What performance period determined the GPMT CEO’s earned stock units?

The earned performance stock units were based on Granite Point Mortgage Trust’s performance from January 1, 2023 through December 31, 2025. The award was originally granted on March 15, 2023, and the number of units earned was determined on March 5, 2026 using preset performance measures.
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