---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-001571"
form_type: "8-K"
ticker: "GPMT"
cik: "0001703644"
company_name: "Granite Point Mortgage Trust Inc."
filed_at: "2025-01-07T23:59:59+00:00"
generated_at: "2026-05-28T08:41:24.421730+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Granite Point Mortgage Trust announces COO transition; Ethan Lebowitz to succeed Steven Plust by May 1, 2025

## Summary
- Steven Plust resigns as COO no later than May 1, 2025; will continue as Senior Managing Director until Dec 31, 2027.
- Ethan Lebowitz, previously Managing Director, appointed Deputy COO effective immediately; will become COO on May 1, 2025.
- Lebowitz receives $500k base salary, target bonus of 75% of base, and annual equity grants; severance terms specified.
- Plust's amended employment agreement: base salary $500k, reduced cash bonuses for 2024-2027, no further equity awards.
- Transition described as planned succession; Plust will remain on Investment Committee and other management committees.

## SEC filing metadata
- accession: 0001104659-25-001571
- form_type: 8-K
- ticker: GPMT
- cik: 0001703644
- company_name: Granite Point Mortgage Trust Inc.
- filed_at: 2025-01-07T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 7.01, 9.01, 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1703644/000110465925001571/0001104659-25-001571-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1703644/000110465925001571/tm251866d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-001571
- JSON: https://secwatch.observer/filing/0001104659-25-001571.json
- Plain text: https://secwatch.observer/filing/0001104659-25-001571.txt

## Key facts
- Executive change
  Ethan Lebowitz was appointed as Deputy Chief Operating Officer at Granite Point Mortgage Trust Inc..
  - Action: appointed
  - Role: Deputy Chief Operating Officer
  source text: Mr. Lebowitz will immediately begin serving as Deputy Chief Operating Officer of the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/1703644/000110465925001571/0001104659-25-001571-index.htm
- Executive change
  Ethan Lebowitz changed role as Chief Operating Officer at Granite Point Mortgage Trust Inc..
  - Action: will assume
  - Role: Chief Operating Officer
  source text: will assume the role of Chief Operating Officer of the Company on May 1, 2025
  evidence_url: https://www.sec.gov/Archives/edgar/data/1703644/000110465925001571/0001104659-25-001571-index.htm
- Executive change
  Steven Plust resigned as Vice President, Chief Operating Officer at Granite Point Mortgage Trust Inc..
  - Action: resigned
  - Role: Vice President, Chief Operating Officer
  source text: Steven Plust will resign from his role as Vice President, Chief Operating Officer of the Company no later than May 1, 2025
  evidence_url: https://www.sec.gov/Archives/edgar/data/1703644/000110465925001571/0001104659-25-001571-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.