GPMT CIO granted shares, withholds for taxes
Granite Point Mortgage Trust Inc. Chief Investment Officer Stephen Alpart reported offsetting equity transactions in the company’s common stock.
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Rhea-AI Filing Summary
Granite Point Mortgage Trust Inc. Chief Investment Officer Stephen Alpart reported offsetting equity transactions in the company’s common stock. On March 5, 2026, he acquired 7,142 shares at $0.00 per share through a grant/award related to performance stock units.
On the same date, 3,645 shares were disposed of at $1.75 per share in a tax-withholding transaction to satisfy tax obligations. Following these transactions, Alpart held 304,950 shares of Granite Point common stock directly. The award stems from performance stock units issued on March 15, 2023, which vested based on company performance over the period from January 1, 2023 through December 31, 2025.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,142 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,645 | $1.75 | $6K |
Footnotes (1)
- F1. 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.
FAQ
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What insider transactions did GPMT’s Stephen Alpart report?
What type of equity award did GPMT grant to Stephen Alpart?
How does the Form 4 code F affect interpretation of Alpart’s GPMT transactions?
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