DEHNE TANUJA M 4
Research Summary
AI-generated summary
Granite Point (GPMT) Director Dehne Receives RSU Award
What Happened
- Director Tanuja M. Dehne received a grant of 38,961 restricted stock units (transaction code A) reported on 2026-06-04. The Form 4 shows an acquisition price of $0.00 because this is an equity award, not an open-market purchase. The RSUs are derivative awards that convert 1-for-1 into shares of GPMT common stock upon vesting; no immediate cash transaction occurred.
Key Details
- Transaction date and filing: 2026-06-04 (Report accession 0001563781-26-000004).
- Award size: 38,961 RSUs; price on Form 4: $0.00 (award/grant).
- Vesting: single tranche on June 4, 2027, subject to continued service (see footnote F1).
- Shares owned after transaction: not disclosed in the provided filing excerpt.
- Filing timeliness: reported on the same date as the transaction (no late-filing indication in the data provided).
Context
- RSU grants are a form of compensation, not an outright purchase or sale. They represent contingent rights to receive common shares in the future if vesting conditions are met, so they do not directly signal buying or selling in the market today. Retail investors should view this as executive compensation information rather than a direct market transaction.