McGrath Sheila K. 4

What Happened
Sheila K. McGrath, a director of Granite Point Mortgage Trust Inc. (GPMT), had 42,814 restricted stock units (RSUs) convert into common stock on June 5, 2026. The Form 4 reports an acquisition (conversion) of 42,814 shares (price N/A) and a simultaneous reported disposition of 42,814 shares at $0.00 (proceeds $0.00). This was not an open-market purchase or sale but the vesting/conversion of RSUs into common shares.

Key Details

• Transaction date: 2026-06-05; Form filed: 2026-06-09.
• Acquired: 42,814 shares upon RSU conversion (price N/A).
• Disposed: 42,814 shares reported at $0.00 (proceeds $0.00).
• Shares owned after transaction: not specified in the provided filing.
• Footnotes: F1 — RSUs convert one-for-one into common stock. F2 — These 42,814 RSUs were granted 6/5/2025 and vested in full on the first anniversary (6/5/2026).
• No 10b5-1 plan or late-filing flag was indicated in the supplied details.

Context
This is an award vesting/conversion event (RSUs), not a market buy or sell. Form 4s often show a simultaneous $0.00 disposition when shares are net-settled or withheld to cover taxes or other obligations; the filing here does not spell out the reason for the $0.00 disposition. Such conversions are routine compensation events and do not, by themselves, indicate an insider change of view on the stock.