Halter Patrick Gregory 4

What Happened Patrick Halter, a director of Granite Point Mortgage Trust Inc. (GPMT), received a grant of 34,902 restricted stock units (RSUs) on June 4, 2026. The award was recorded at $0.00 per share (no cash exchanged) and is classified as a derivative award — these RSUs are rights to receive one share of GPMT common stock per unit if and when they vest. This is a grant/compensation event rather than an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-06-04; 34,902 RSUs @ $0.00 (award/derivative).
• Vesting: The RSUs vest in a single tranche on June 4, 2027, subject to continued service with GPMT (per filing footnote).
• Post-transaction holdings: Not specified in the provided filing.
• Filing timeliness: Reported on 2026-06-04 (period of report same as filing date).
• Footnote summary: Award issued under the company’s 2022 Omnibus Incentive Plan; each RSU converts 1-for-1 into common stock at vesting.

Context This was a compensatory award (RSUs) for a director, not a buy or sell. RSUs are contingent rights to receive shares in the future and do not represent immediate cash or share transfers; their ultimate value depends on GPMT’s stock price at vesting and whether the director remains employed/serves through the vesting date. Such awards are commonly used to align directors’ interests with shareholders over time.