Karber Michael J. 4

What Happened
Karber, Michael J., General Counsel and Secretary of Granite Point Mortgage Trust, was granted 73,294 restricted stock units (RSUs) on March 5, 2026. The award is reported as a derivative grant (transaction code A) at $0.00 per share (typical for RSUs); no cash was exchanged at grant. The RSUs convert to common shares on a 1-for-1 basis as they vest under the company’s equity plan.

Key Details

• Transaction date: March 5, 2026 (reported on Form 4 filed April 8, 2026).
• Transaction type/code: Grant / Award (A) — 73,294 RSUs @ $0.00 (derivative).
• Vesting schedule (per footnote): 33% vest on March 5, 2027; 33% on March 5, 2028; 34% on March 5, 2029.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Filing timeliness: Form filed April 8, 2026 for a March 5 transaction — this appears later than the typical two-business-day Form 4 reporting requirement.
• Plan: Award issued under Granite Point’s Amended and Restated 2022 Omnibus Incentive Plan.

Context
RSUs are compensation awards that represent a contingent right to receive shares in the future as they vest; they are not immediate open-market purchases or sales and do not necessarily signal insider buying or selling intent. The grant increases potential future share issuance upon vesting and is part of typical executive compensation practices.