Granite Point Mortgage Trust CFO Urbaszek resigns effective Dec 1; Johnson to succeed

Granite Point Mortgage Trust Inc.

CFO Marcin Urbaszek resigns effective Dec 1, 2024, to join a global financial institution; no disagreement with company.
Blake Johnson to join as Deputy CFO by Oct 28, 2024, then become CFO on Dec 1; previously served as Company's Controller.
Johnson receives annual base salary of $500,000, sign-on bonus of $110,000, and 2024 cash bonus of $250,000.
Equity award of $200,000 in RSUs vesting over three years; annual bonus target 75% of base salary starting 2025.
Severance includes cash severance of 1x base salary plus target bonus, health coverage for 18 months, and prorated bonus.

item 5.02 item 7.01 item 9.01

Executive movements

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Departed

Marcin Urbaszek

Chief Financial Officer

GPMT · Granite Point Mortgage Trust Inc.

Effective: 2024-12-01
Successor: Blake Johnson
Filed: August 26, 2024, 7:59 PM ET

On August 25, 2024, Marcin Urbaszek notified the Board of Directors (the “ Board ”) of Granite Point Mortgage Trust Inc. (the “ Company ”) that he intends to voluntarily resign as Chief Financial Officer of the Company effective December 1, 2024

Appointed

Blake Johnson

Chief Financial Officer

GPMT · Granite Point Mortgage Trust Inc.

Effective: 2024-12-01
Filed: August 26, 2024, 7:59 PM ET

The employment agreement provides that Mr. Johnson will initially serve as the Deputy Chief Financial Officer of the Company beginning no later than October 28, 2024, and will assume the role of Chief Financial Officer of the Company on December 1, 2024

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Marcin Urbaszek resigned as Chief Financial Officer at Granite Point Mortgage Trust Inc..

Action: resigned
Role: Chief Financial Officer

Exact text from the filing

On August 25, 2024, Marcin Urbaszek notified the Board of Directors (the “ Board ”) of Granite Point Mortgage Trust Inc. (the “ Company ”) that he intends to voluntarily resign as Chief Financial Officer of the Company effective December 1, 2024

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Blake Johnson was appointed as Chief Financial Officer at Granite Point Mortgage Trust Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

The employment agreement provides that Mr. Johnson will initially serve as the Deputy Chief Financial Officer of the Company beginning no later than October 28, 2024, and will assume the role of Chief Financial Officer of the Company on December 1, 2024

View on SEC.gov

Granite Point Mortgage Trust Inc. filing history →

Source: SEC EDGAR

accession 0001104659-24-092603

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