Nikolic Lazar 4
Research Summary
AI-generated summary
Granite Point (GPMT) Director Lazar Receives RSU Award of 34,902
What Happened
Director Lazar (Nikolic Lazar) was granted 34,902 restricted stock units (RSUs) on June 4, 2026. The award is reported as an acquisition at $0.00 (derivative award); no shares were delivered and no cash changed hands at grant. The RSUs convert to GPMT common stock on a 1-for-1 basis upon vesting.
Key Details
- Transaction date: 2026-06-04; Transaction type/code: Award (A).
- Shares granted: 34,902 RSUs; reported price: $0.00 (award/derivative).
- Vesting: Single tranche vesting on June 4, 2027, subject to continued service with GPMT (see footnote).
- Shares owned after transaction: Not reported in the filing.
- Filing timeliness: Reported with the Form 4 dated 2026-06-04 (no late filing flag indicated).
Context
Restricted stock units are contingent rights to receive common shares (1-to-1) if vesting conditions are met; they do not represent immediate ownership or sale proceeds. This is a compensation grant for future potential equity and should not be interpreted as a buy/sell signal by itself.