KASNET STEPHEN G 4

What Happened

• Stephen G. Kasnet, a director of Granite Point Mortgage Trust Inc. (GPMT), was awarded 58,441 restricted stock units (RSUs) on June 4, 2026. The award shows an acquisition price of $0.00 (no cash paid) and is reported as a derivative grant (transaction code A).
• The RSUs convert to one share of GPMT common stock per unit upon vesting. This award vests in a single tranche on June 4, 2027, contingent on Kasnet’s continued service with the company. This is a compensation award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-04; Transaction type: Award/Grant (A); Amount: 58,441 RSUs; Reported price: $0.00.
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnote: RSUs issued under the Amended and Restated Granite Point Mortgage Trust Inc. 2022 Omnibus Incentive Plan; 1-for-1 conversion to common stock; vests 06/04/2027 subject to continued service.
• Filing timeliness: Reported with a Form 4 filed 2026-06-04 (no late filing indicated).

Context

• RSUs are a common form of director/executive compensation and represent a contingent right to future shares; they do not necessarily convey immediate voting rights or economic ownership until vested.
• Because this is an award (not a purchase or sale), it should be interpreted as compensation rather than a direct market sentiment signal.