[SCHEDULE 13G/A] Granite Point Mortgage Trust Inc. SEC Filing

Rhea-AI Filing Summary

Hawaiian Electric Industries, Inc. (HE) filed a Form 4 disclosing that non-employee director Thomas B. Fargo received 11,759 shares of common stock on 06/30/2025. The shares were issued at $0 under the company’s 2011 Non-Employee Director Stock Plan, indicating a routine equity grant rather than an open-market purchase. Following the grant, Fargo’s total beneficial ownership stands at 51,474 shares, broken down as:

• 11,759 shares held directly
• 28,330 shares held indirectly through the Sarah C. Fargo Trust
• 11,385 shares held indirectly through the Thomas B. Fargo Trust

No derivative securities were reported and no sales occurred. While the transaction does not involve cash outlay by the director, additional share ownership may strengthen alignment between board oversight and shareholder interests. The filing was signed on 07/02/2025 by attorney-in-fact Sean K. Clark.

Positive

• Director increases direct ownership by 11,759 shares, enhancing alignment with shareholders.
• No insider sales reported, avoiding potential negative sentiment associated with disposals.

Negative

• None.

Insights

Securities Analyst

TL;DR – Director’s stock grant modestly increases insider ownership; neutral-to-positive signal, no market-moving impact expected.

The transaction is a routine, plan-based equity award to a long-standing director. Although the grant is not a discretionary purchase, it increases Fargo’s direct stake to 11,759 shares and total exposure to 51,474 shares. Insider acquisition—even via grant—can be viewed as incrementally positive because it raises economic alignment, but the relatively small size (≈0.05 % of HE’s 200 M shares outstanding) limits materiality. No sales or option exercises were reported, so there is no negative read-through. Overall, the filing is informational rather than impactful for valuation.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 6)

GRANITE POINT MORTGAGE TRUST INC

(Name of Issuer)

Common Stock

(Title of Class of Securities)

38741L107

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 38741L107

1

Names of Reporting Persons

BlackRock, Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 1,248,349.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 1,248,349.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,248,349.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

2.6 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: GRANITE POINT MORTGAGE TRUST INC
(b)	Address of issuer's principal executive offices: 3 BRYANT PARK SUITE 2400A NEW YORK NY 10036
Item 2.
(a)	Name of person filing: BlackRock, Inc. In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units (collectively, the "Reporting Business Units") of BlackRock, Inc. and its subsidiaries and affiliates. It does not include securities, if any, beneficially owned by other business units whose beneficial ownership of securities are disaggregated from that of the Reporting Business Units in accordance with such release.
(b)	Address or principal business office or, if none, residence: BlackRock, Inc., 50 Hudson Yards New York, NY 10001
(c)	Citizenship: See Item 4 of Cover Page
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 38741L107
Item 4.	Ownership
(a)	Amount beneficially owned: 1248349
(b)	Percent of class: 2.6 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 1248349
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 1248349
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. Various persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the common stock of GRANITE POINT MORTGAGE TRUST INC. No one person's interest in the common stock of GRANITE POINT MORTGAGE TRUST INC is more than five percent of the total outstanding common shares.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See Exhibit 99
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

BlackRock, Inc.

Signature:	Spencer Fleming
Name/Title:	Managing Director
Date:	07/02/2025

Exhibit Information

Exhibit 24: Power of Attorney Exhibit 99: Item 7

FAQ

How many HE shares did Director Thomas B. Fargo acquire on 06/30/2025?

He received 11,759 common shares under the 2011 Non-Employee Director Stock Plan.

What is Fargo’s total beneficial ownership in Hawaiian Electric Industries after the transaction?

He now controls 51,474 shares (11,759 direct, 39,715 indirect via two trusts).

Was any cash paid for the shares acquired by the director?

No. The shares were issued at $0 as part of an equity grant.

Did the filing report any insider sales or option exercises?

No insider sales or derivative transactions were disclosed in this Form 4.

Does the transaction involve Rule 10b5-1 trading plans?

The filing does not indicate that the grant was made under a Rule 10b5-1 plan.