Granite Point (NYSE: GPMT) CIO granted shares, disposes some for taxes

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.

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^*

ALPART STEPHEN

(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)
	Chief Investment Officer

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		7,142	A	$0	308,595	D
Common Stock	03/05/2026		F		3,645	D	$1.75	304,950	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 Stephen Alpart	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’s Stephen Alpart report?

Stephen Alpart reported one equity grant and one tax-related disposition. He acquired 7,142 Granite Point Mortgage Trust common shares via a performance-based award and disposed of 3,645 shares at $1.75 each to cover tax obligations linked to the award settlement.

How many GPMT shares does Stephen Alpart own after these Form 4 transactions?

After the reported transactions, Stephen Alpart directly owns 304,950 shares of Granite Point Mortgage Trust common stock. This reflects the net impact of receiving 7,142 performance-based shares and disposing of 3,645 shares in a tax-withholding transaction on March 5, 2026.

Were Stephen Alpart’s GPMT share dispositions open-market sales?

The dispositions were not open-market sales but tax-withholding transactions. The Form 4 uses code F, indicating 3,645 Granite Point shares were delivered at $1.75 per share to satisfy tax liabilities arising from an equity award settlement, rather than discretionary selling.

What is the origin of the GPMT share grant to Stephen Alpart?

The share grant comes from performance stock units issued on March 15, 2023 under Granite Point Mortgage Trust’s 2022 Omnibus Incentive Plan. Units earned were determined on March 5, 2026 based on company performance during the January 1, 2023 to December 31, 2025 measurement period.

What type of equity award did GPMT grant to Stephen Alpart?

Granite Point Mortgage Trust granted Stephen Alpart performance stock units. These units converted into common shares once performance goals over a three-year period ending December 31, 2025 were assessed, resulting in 7,142 shares being earned and settled on March 5, 2026.

How does the Form 4 code F affect interpretation of Alpart’s GPMT transactions?

Form 4 code F indicates shares used to pay an exercise price or tax liability. For Stephen Alpart, 3,645 Granite Point shares were disposed of to cover taxes tied to the vesting equity award, distinguishing this from voluntary open-market selling activity.