Granite Point Mortgage Trust Inc. filed SEC Form 8-K: Other Events
$GPMT
Real Estate Investment Trusts
Real Estate
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): May 12, 2025
(Exact name of registrant as specified in its charter)
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging Growth Company ☐
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Item 8.01 Other Events.
On May 12, 2025, Granite Point Mortgage Trust Inc. (the “Company”) entered into a written trading plan (the “Plan”) under Rule 10b5-1 of the Securities Exchange Act of 1934. The Company implemented the Plan in connection with its previously announced share repurchase program, under which 3,886,461 shares of the Company’s common stock remain available for repurchase. The Plan allows the Company to repurchase up to 1,250,000 shares of its common stock (the “Repurchase Limit”) commencing on May 13, 2025, and ending on the earlier of the date on which the Repurchase Limit is reached, market close on July 7, 2025, or other events specified in the Plan.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| GRANITE POINT MORTGAGE TRUST INC. | ||||||||
| By: | /s/ MICHAEL J. KARBER | |||||||
| Michael J. Karber | ||||||||
| General Counsel and Secretary | ||||||||
| Date: May 12, 2025 | ||||||||