STEVEN PLUST - 01 Mar 2025 Form 4 Insider Report for Granite Point Mortgage Trust Inc. (GPMT)

Role: Chief Operating Officer
Signature: /s/ Michael J. Karber, as attorney-in-fact for Steven Plust
Issuer symbol: GPMT
Transactions as of: 01 Mar 2025
Net transactions value: -$42,239
Form type: 4
Filing time: 03 Mar 2025, 18:34:47 UTC
Previous filing: 18 Feb 2025
Next filing: 17 Mar 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GPMT	Common Stock	Options Exercise		+34,867	+15%		270,109	01 Mar 2025	Direct	F1
transaction	GPMT	Common Stock	Tax liability	$42,239	-14,270	-5.3%	$2.96	255,839	01 Mar 2025	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	GPMT	Restricted Stock Units	Options Exercise	$0	-34,867	-33%	$0.000000	69,735	01 Mar 2025	Common Stock	34,867	$0.000000	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted stock units convert into common stock on a one-for-one basis.
F2	On March 1, 2024, the reporting person was granted 104,602 restricted stock units under the Granite Point Mortgage Trust Inc. 2022 Omnibus Incentive Plan, vesting 33% on each of March 1, 2025, and March 1, 2026, and 34% on March 1, 2027, subject to continued service with GPMT through the applicable vesting date.