TAYLOR JOHN A 4

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.