TAYLOR JOHN A 4

What Happened

• John A. Taylor, President, CEO and a director of Granite Point Mortgage Trust, was granted 122,176 restricted stock units (RSUs) on March 5, 2026. The Form 4 reports the award as a derivative grant (code A) at $0.00; the filing records no immediate cash value for the award.

Key Details

• Transaction date and price: March 5, 2026 — 122,176 RSUs @ $0.00 (award/grant).
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: The award is an RSU under the company’s Amended and Restated 2022 Omnibus Incentive Plan. RSUs convert 1:1 to common stock and vest 33% on March 5, 2027; 33% on March 5, 2028; and 34% on March 5, 2029, subject to the award agreement.
• Filing timeliness: The Form 4 was filed April 8, 2026 (34 days after the grant date). Form 4s are typically due within two business days of a reportable transaction, so this filing appears late.

Context

• RSUs are a common form of executive compensation that represent contingent rights to receive shares upon vesting; they are not an open‑market purchase or sale and do not reflect an immediate cash investment or liquidation by the insider. Vesting schedule and agreement terms determine when the RSUs convert to shares and may include forfeiture conditions if employment ends.