Granite Point Mortgage Trust Enters Material Agreement
Ticker: GPMT-PA · Form: 8-K · Filed: Oct 17, 2025 · CIK: 1703644
| Field | Detail |
|---|---|
| Company | Granite Point Mortgage Trust Inc. (GPMT-PA) |
| Form Type | 8-K |
| Filed Date | Oct 17, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-obligation
Related Tickers: GPMT
TL;DR
GPMT just signed a big deal, creating new financial obligations.
AI Summary
Granite Point Mortgage Trust Inc. entered into a material definitive agreement on October 14, 2025. This agreement also created a direct financial obligation or an obligation under an off-balance sheet arrangement for the registrant. The filing includes financial statements and exhibits related to this event.
Why It Matters
This filing indicates a significant new financial commitment or arrangement for Granite Point Mortgage Trust, which could impact its financial obligations and future operations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements and creating new financial obligations can introduce new risks and change the company's financial risk profile.
Key Players & Entities
- Granite Point Mortgage Trust Inc. (company) — Registrant
- October 14, 2025 (date) — Date of earliest event reported
- 3 Bryant Park, Suite 2400A New York, NY 10036 (location) — Business and Mail Address
FAQ
What type of material definitive agreement did Granite Point Mortgage Trust Inc. enter into?
The filing does not specify the exact nature of the material definitive agreement, only that one was entered into on October 14, 2025.
What is the nature of the financial obligation created by this agreement?
The filing states that the agreement created a 'Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement' but does not provide specific details on the obligation itself.
When was this material definitive agreement reported?
The earliest event reported in this 8-K filing was on October 14, 2025.
What is Granite Point Mortgage Trust Inc.'s fiscal year end?
Granite Point Mortgage Trust Inc.'s fiscal year ends on December 31.
What is the SEC file number for Granite Point Mortgage Trust Inc.?
The SEC file number for Granite Point Mortgage Trust Inc. is 001-38124.
Filing Stats: 724 words · 3 min read · ~2 pages · Grade level 10.7 · Accepted 2025-10-17 16:46:01
Key Financial Figures
- $0.01 — ch registered: Common Stock, par value $0.01 per share GPMT NYSE 7.00% Series A Fix
Filing Documents
- gpmt-20251014.htm (8-K) — 40KB
- exhibit101-amendmentno13to.htm (EX-10.1) — 35KB
- exhibit102-eighthamendment.htm (EX-10.2) — 32KB
- 0001703644-25-000127.txt ( ) — 284KB
- gpmt-20251014.xsd (EX-101.SCH) — 2KB
- gpmt-20251014_def.xml (EX-101.DEF) — 17KB
- gpmt-20251014_lab.xml (EX-101.LAB) — 29KB
- gpmt-20251014_pre.xml (EX-101.PRE) — 17KB
- gpmt-20251014_htm.xml (XML) — 4KB
01 Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement. On October 14, 2025, GP Commercial JPM LLC, a wholly-owned subsidiary of Granite Point Mortgage Trust Inc. (the "Company"), entered into an amendment (the "MRA Amendment") to that certain previously disclosed Master Repurchase and Securities Contract Agreement (as amended from time to time, the "MRA"), dated as of December 3, 2015, with JPMorgan Chase Bank, National Association ("JPMorgan"). The MRA Amendment, among other things, extends the "Additional Advance Termination Date" (as defined in the MRA) to April 12, 2026, subject to various terms, conditions and restrictions. In connection with the MRA Amendment, on October 14, 2025, the Company entered into an amendment (the "Guaranty Amendment") to that certain Amended and Restated Guarantee Agreement, dated as of June 28, 2017, with JPMorgan. The Guaranty Amendment, among other things, clarifies certain mechanics in connection with the repayment of all "Additional Advances" outstanding under the MRA. The foregoing descriptions of the MRA Amendment and the Guaranty Amendment do not purport to be complete and are qualified in their entirety by reference to the full text of the MRA Amendment and the Guaranty Amendment, which are filed herewith as Exhibits 10.1 and 10.2, respectively, and are incorporated herein by reference. Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth under Item 1.01 of this Current Report on Form 8-K is incorporated herein by reference.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1* Amendment No. 13 to Master Repurchase Agreement, dated as of October 14, 2025, by and between GP Commercial JPM LLC and JPMorgan Chase Bank, National Association, and acknowledged and agreed by Granite Point Mortgage Trust Inc. 10.2 Eighth Amendment to Amended and Restated Guarantee Agreement, dated as of October 14, 2025, by and between JPMorgan Chase Bank, National Association and Granite Point Mortgage Trust Inc. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) *Certain schedules and similar attachments have been omitted in reliance on Instruction 4 of Item 1.01 of Form 8-K and Item 601(a)(5) of Regulation S-K.
SIGNATURES
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: October 17, 2025