Morral Peter M. 4

What Happened
Peter M. Morral, Chief Development Officer of Granite Point Mortgage Trust Inc. (GPMT), had 7,142 performance stock units determined and settled into common shares on March 5, 2026 (award code A, $0 acquisition price). To cover tax withholding related to the award (code F), 3,645 shares were surrendered/withheld at an indicated value of $1.75 per share, totaling $6,379. Net increase in shares delivered to Morral from this settlement was 3,497 shares (7,142 awarded − 3,645 withheld).

Key Details

• Transaction date(s): March 5, 2026 (report filed March 6, 2026).
• Award: 7,142 performance stock units settled into shares (code A); acquisition price $0.00.
• Tax withholding: 3,645 shares withheld/disposed (code F) at $1.75/share = $6,379.
• Post-transaction holdings: not disclosed in the excerpt of this filing.
• Footnotes: F1 — award was originally granted March 15, 2023 under the 2022 Omnibus Incentive Plan and was payable based on company performance for the 2023–2025 period (performance determination made 3/5/2026). F2 — prior to the last ownership report, the reporting person transferred 18,084 shares to an ex-spouse pursuant to a domestic relations order.
• Filing timeliness: Report filed the next day (3/6/2026); no indication of a late filing in this record.

Context
This was a performance-based grant settling into shares, with a routine share withholding to satisfy tax liabilities (code F indicates withholding/surrender, not a market sale). Such tax-withholding disposals are administrative and don’t necessarily indicate insider sentiment. Awards add equity exposure for the insider, but purchases are generally more direct signals of bullishness.