Granite Point Mortgage Trust Inc
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
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FY2024 · Filed Feb 27, 2025
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Item 9B. Other Information
During the three months ended December 31, 2024, two of the Company’s independent directors adopted a “Rule 10b5-1 trading arrangement,” as such term is defined in Item 408(a) of Regulation S-K. Tanuja M. Dehne adopted a Rule 10b5-1 trading arrangement on November 12, 2024, that provides for the sale of 25% of the shares to be issued when her currently outstanding RSUs vest on June 6, 2025. Stephen G. Kasnet adopted a 10b5-1 trading arrangement on November 17, 2024, that provides for the sale of 40% of the shares to be issued when his currently outstanding RSUs vest on June 6, 2025. Both directors intend to use the proceeds of these sales to satisfy the tax obligations they will incur in conjunction with the RSUs’ vesting.
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