TAYLOR JOHN A 4

What Happened

• John A. Taylor, President, CEO and Director of Granite Point Mortgage Trust Inc., had 74,405 restricted stock units convert into common shares on March 15, 2026. Of those, 41,131 shares were surrendered to cover tax withholding at $1.57 per share (total $64,576), leaving a net issuance of 33,274 shares to Taylor. This transaction reflects RSU vesting and tax withholding, not an open-market sale or purchase.

Key Details

• Transaction date: 2026-03-15; Form 4 filed 2026-03-16 (timely filing).
• Conversion/exercise code: M (conversion/exercise of derivative/RSU) — 74,405 shares converted.
• Tax withholding code: F — 41,131 shares withheld at $1.57/share for $64,576.
• Net shares delivered to insider: 74,405 − 41,131 = 33,274 shares.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 — RSUs convert one-for-one into common stock. F2 — These RSUs were part of a March 15, 2023 grant of 223,214 RSUs that vest 33% (3/15/24), 33% (3/15/25) and 34% (3/15/26), subject to continued service.

Context

• This was a scheduled RSU vesting event, not a market purchase or sale; the F-coded disposition is a routine withholding of shares to satisfy tax obligations. The M code here indicates conversion/settlement of RSUs rather than an option exercised for cash. Such transactions are common executive compensation mechanics and do not by themselves indicate a change in insider sentiment.