Granite Point Mortgage Trust Inc.·4

Mar 2, 4:46 PM ET

TAYLOR JOHN A 4

4 · Granite Point Mortgage Trust Inc. · Filed Mar 2, 2026

Research Summary

AI-generated summary of this filing

Updated

GPMT CEO John A. Taylor Converts RSUs, Nets 93,912 Shares

What Happened

  • John A. Taylor, President & CEO (and a director) of Granite Point Mortgage Trust Inc. (GPMT), had restricted stock units (RSUs) convert into common stock on February 27, 2026 and March 1, 2026. A total of 210,030 shares were issued on conversion (86,818 + 44,760 on 2/27; 78,452 on 3/1).
  • To satisfy tax withholding obligations, 116,118 shares were withheld (72,748 on 2/27 and 43,370 on 3/1) at $1.74 per share, totaling $202,046. After withholding, Taylor received a net 93,912 shares.

Key Details

  • Transaction dates: Feb 27, 2026 and Mar 1, 2026. Report filed Mar 2, 2026 (timely within required filing window).
  • Gross shares converted: 210,030; shares withheld for taxes (dispositions): 116,118; net shares delivered: 93,912.
  • Withholding price reported: $1.74 per share; total cash value withheld: $202,046.
  • Transaction codes: M = exercise/conversion of a derivative (here, RSUs converting to shares); F = payment of exercise price or tax liability (share withholding).
  • Footnotes: F1 confirms RSUs convert one-for-one to common stock. Grants underlying these vesting events include awards from 3/1/2024, 2/27/2025, and 6/5/2025 with typical 33%/33%/34% vesting schedules (see filing footnotes F2–F4).
  • Shares owned after the transactions were not specified in the data provided.

Context

  • These entries reflect RSU vesting and a common payroll-style tax withholding (shares withheld to cover taxes), not an open-market sale or a discretionary purchase. That is, Taylor did not sell shares on the open market for cash proceeds here—shares were withheld to satisfy tax obligations. Such conversion/withholding is a routine outcome of equity compensation vesting and is not itself a clear buy/sell signal about insider sentiment.

Insider Transaction Report

Form 4
Period: 2026-02-27
TAYLOR JOHN A
DirectorPresident and CEO
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-02-27+86,818605,367.587 total
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-02-27+44,760650,127.587 total
  • Tax Payment

    Common Stock

    2026-02-27$1.74/sh72,748$126,582577,379.587 total
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-03-01+78,452655,831.587 total
  • Tax Payment

    Common Stock

    2026-03-01$1.74/sh43,370$75,464612,461.587 total
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F2]
    2026-02-2786,818173,637 total
    Exercise: $0.00Exp: 2028-02-27Common Stock (86,818 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F3]
    2026-02-2744,76089,521 total
    Exercise: $0.00Exp: 2028-02-27Common Stock (44,760 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F4]
    2026-03-0178,45278,452 total
    Exercise: $0.00Exp: 2027-03-01Common Stock (78,452 underlying)
Footnotes (4)
  • [F1]Restricted stock units convert into common stock on a one-for-one basis.
  • [F2]On February 27, 2025, the reporting person was granted 260,455 restricted stock units under the Granite Point Mortgage Trust Inc. 2022 Omnibus Incentive Plan, vesting 33% on each of February 27, 2026, and February 27, 2027, and 34% on February 27, 2028, subject to continued service with GPMT through the applicable vesting date.
  • [F3]On June 5, 2025, the reporting person was granted 134,281 restricted stock units under the Amended and Restated Granite Point Mortgage Trust Inc. 2022 Omnibus Incentive Plan, vesting 33% on each of February 27, 2026, and February 27, 2027, and 34% on February 27, 2028, subject to continued service with GPMT through the applicable vesting date.
  • [F4]On March 1, 2024, the reporting person was granted 235,355 restricted stock units under the Granite Point Mortgage Trust Inc. 2022 Omnibus Incentive Plan, vesting 33% on each of March 1, 2025, and March 1, 2026, and 34% on March 1, 2027, subject to continued service with GPMT through the applicable vesting date.
Signature
/s/ Michael J. Karber, as attorney-in-fact for John A. Taylor|2026-03-02

Documents

1 file
  • 4
    wk-form4_1772488000.xmlPrimary

    FORM 4