Granite Point Mortgage Trust: CFO Johnson Blake received 22,075 shares

What happened

• The filing shows Johnson Blake, chief financial officer, had 22,075 restricted stock units convert into common stock on Oct 4, 2026 (code M).
• The filing shows 10,860 shares were surrendered to cover tax liability at $0.76 per share for $8,254 (code F).
• The filing also lists a derivative disposition of 22,075 shares at $0.00 for $0 (code M) as reported.

Key details

• Transaction date: Oct 4, 2026. Filing date: Oct 6, 2026 (not late).
• Prices and values reported: tax withholding of 10,860 shares at $0.76 per share for $8,254; one derivative line at $0.00 for $0; the conversion entry shows shares acquired with no price reported.
• Shares owned after the transaction: not stated in this filing.
• Relevant footnotes from the filing:
  • The shares were acquired on Oct 4, 2026, prior to the effective date of a one-for-ten reverse stock split effective Oct 5, 2026 (F1).
  • Restricted stock units convert into common stock on a one-for-one basis (F2).
  • The reporting person was granted 66,225 restricted stock units on Oct 4, 2024, vesting in three equal installments on Oct 4, 2025, Oct 4, 2026, and Oct 4, 2027, subject to continued service (F3).

Why it may matter

• The filing shows a vesting event: restricted stock units converted into common stock on Oct 4, 2026.
• The filing shows shares were withheld to satisfy tax withholding rather than a separate open-market sale: 10,860 shares surrendered at $0.76 for $8,254.
• A filing does not show why the insider traded or why the company acted.