GPMT grants 1.3M RSUs to executives and key employees, vesting over 3 years

Granite Point Mortgage Trust Inc.

CEO John A. Taylor granted 256,410 RSUs; other NEOs: Alpart 160,256, Urbaszek 160,256, Morral 80,128, Plust 80,128.
RSUs cliff vest on third anniversary of grant date (June 21, 2024).
Grant price based on 20-day average closing share price of $3.12.
Total RSUs: 1,325,319 (737,178 to NEOs, 588,141 to other employees).
Committee cites unprecedented challenges in commercial real estate sector for one-time retention awards.

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