TAYLOR JOHN A 4
4 · Granite Point Mortgage Trust Inc. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
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
TAYLOR JOHN A
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-02-27+86,818→ 605,367.587 total - Exercise/Conversion
Common Stock
[F1]2026-02-27+44,760→ 650,127.587 total - Tax Payment
Common Stock
2026-02-27$1.74/sh−72,748$126,582→ 577,379.587 total - Exercise/Conversion
Common Stock
[F1]2026-03-01+78,452→ 655,831.587 total - Tax Payment
Common Stock
2026-03-01$1.74/sh−43,370$75,464→ 612,461.587 total - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-02-27−86,818→ 173,637 totalExercise: $0.00Exp: 2028-02-27→ Common Stock (86,818 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-02-27−44,760→ 89,521 totalExercise: $0.00Exp: 2028-02-27→ Common Stock (44,760 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-03-01−78,452→ 78,452 totalExercise: $0.00Exp: 2027-03-01→ Common 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