Michael J. Karber - 15 Mar 2025 Form 4 Insider Report for Granite Point Mortgage Trust Inc. (GPMT)

Role: General Counsel and Secretary
Signature: /s/ Michael J. Karber
Issuer symbol: GPMT
Transactions as of: 15 Mar 2025
Net transactions value: -$26,749
Form type: 4
Filing time: 17 Mar 2025, 16:44:32 UTC
Previous filing: 03 Mar 2025
Next filing: 09 Jun 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		+19,213	+33%		77,223	15 Mar 2025	Direct	F1
transaction	GPMT	Common Stock	Tax liability	$26,749	-9,452	-12%	$2.83	67,771	15 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	-19,213	-50%	$0.000000	19,213	15 Mar 2025	Common Stock	19,213	$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 15, 2023, the reporting person was granted 57,638 restricted stock units under the Granite Point Mortgage Trust Inc. 2022 Omnibus Incentive Plan, vesting 33% on each of March 15, 2024, and March 15, 2025, and 34% on March 15, 2026, subject to continued service with GPMT through the applicable vesting date.