Granite Point Mortgage Trust Inc. Announces 2024 Annual Meeting of Stockholders

Ticker: GPMT-PA · Form: DEF 14A · Filed: Apr 22, 2024 · CIK: 1703644

Granite Point Mortgage Trust Inc. DEF 14A Filing Summary
FieldDetail
CompanyGranite Point Mortgage Trust Inc. (GPMT-PA)
Form TypeDEF 14A
Filed DateApr 22, 2024
Risk Level
Pages14
Reading Time17 min
Key Dollar Amounts$2.9 billion, $2.7 billion, $37 m, $0.9 billion
Sentimentneutral

Sentiment: neutral

Topics: Proxy Statement, Annual Meeting, Stockholders, Virtual Meeting, Voting

TL;DR

<b>Granite Point Mortgage Trust Inc. invites stockholders to its virtual 2024 Annual Meeting on June 6, 2024, urging them to vote.</b>

AI Summary

Granite Point Mortgage Trust Inc. (GPMT-PA) filed a Proxy Statement (DEF 14A) with the SEC on April 22, 2024. The 2024 Annual Meeting of Stockholders for Granite Point Mortgage Trust Inc. will be held virtually on June 6, 2024, at 10:00 a.m. Eastern Time. The company is encouraging stockholders to authorize their vote as soon as possible. Stockholders can vote by following instructions in the Notice of Internet Availability of Proxy Materials or by returning a completed proxy card. The meeting will be conducted via live webcast to enhance accessibility for all stockholders. John A. Taylor, President, CEO, and Director, signed the proxy statement on April 22, 2024.

Why It Matters

For investors and stakeholders tracking Granite Point Mortgage Trust Inc., this filing contains several important signals. The virtual format aims to increase stockholder participation and accessibility. The proxy statement provides details on the business to be conducted and how to access the webcast.

Risk Assessment

Risk Level: — Granite Point Mortgage Trust Inc. shows moderate risk based on this filing. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational changes disclosed.

Analyst Insight

Stockholders should review the proxy materials and cast their votes for the upcoming annual meeting.

Key Numbers

  • 2024 — Annual Meeting Year (Granite Point Mortgage Trust Inc. 2024 Annual Meeting of Stockholders)
  • June 6 — Meeting Date (Thursday, June 6, 2024)
  • 10:00 a.m. Eastern Time — Meeting Time (10:00 a.m. Eastern Time)

Key Players & Entities

  • Granite Point Mortgage Trust Inc. (company) — Registrant and filer of the proxy statement
  • John A. Taylor (person) — President, Chief Executive Officer and Director
  • June 6, 2024 (date) — Date of the 2024 Annual Meeting of Stockholders
  • April 22, 2024 (date) — Date of the proxy statement filing

FAQ

When did Granite Point Mortgage Trust Inc. file this DEF 14A?

Granite Point Mortgage Trust Inc. filed this Proxy Statement (DEF 14A) with the SEC on April 22, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by Granite Point Mortgage Trust Inc. (GPMT-PA).

Where can I read the original DEF 14A filing from Granite Point Mortgage Trust Inc.?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by Granite Point Mortgage Trust Inc..

What are the key takeaways from Granite Point Mortgage Trust Inc.'s DEF 14A?

Granite Point Mortgage Trust Inc. filed this DEF 14A on April 22, 2024. Key takeaways: The 2024 Annual Meeting of Stockholders for Granite Point Mortgage Trust Inc. will be held virtually on June 6, 2024, at 10:00 a.m. Eastern Time.. The company is encouraging stockholders to authorize their vote as soon as possible.. Stockholders can vote by following instructions in the Notice of Internet Availability of Proxy Materials or by returning a completed proxy card..

Is Granite Point Mortgage Trust Inc. a risky investment based on this filing?

Based on this DEF 14A, Granite Point Mortgage Trust Inc. presents a moderate-risk profile. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational changes disclosed.

What should investors do after reading Granite Point Mortgage Trust Inc.'s DEF 14A?

Stockholders should review the proxy materials and cast their votes for the upcoming annual meeting. The overall sentiment from this filing is neutral.

How does Granite Point Mortgage Trust Inc. compare to its industry peers?

Granite Point Mortgage Trust Inc. operates as a real estate investment trust, focusing on mortgage investments.

Are there regulatory concerns for Granite Point Mortgage Trust Inc.?

The filing is made under Schedule 14A of the Securities Exchange Act of 1934, governing proxy solicitations.

Industry Context

Granite Point Mortgage Trust Inc. operates as a real estate investment trust, focusing on mortgage investments.

Regulatory Implications

The filing is made under Schedule 14A of the Securities Exchange Act of 1934, governing proxy solicitations.

What Investors Should Do

  1. Review the proxy statement for details on proposals and voting matters.
  2. Submit your proxy vote before the June 6, 2024 meeting date.
  3. Attend the virtual meeting via webcast on June 6, 2024.

Key Dates

  • 2024-06-06: 2024 Annual Meeting of Stockholders — Key date for stockholder voting and participation.
  • 2024-04-22: Filing Date — Date the Definitive Proxy Statement was filed with the SEC.

Year-Over-Year Comparison

This is a DEF 14A filing for the 2024 annual meeting, following previous filings related to corporate governance and financial reporting.

Filing Stats: 4,314 words · 17 min read · ~14 pages · Grade level 19.5 · Accepted 2024-04-22 16:15:31

Key Financial Figures

  • $2.9 billion — sed of 73 discrete investments totaling $2.9 billion in commitments and $2.7 billion outstan
  • $2.7 billion — otaling $2.9 billion in commitments and $2.7 billion outstanding principal balance 99% sen
  • $37 m — ior loans with an average commitment of $37 million, a weighted average stabilized LT
  • $0.9 billion — f 8.3% Capitalized with approximately $0.9 billion of equity and a well-balanced funding p

Filing Documents

SECURITY OWNERSHIP AND REPORTING

SECURITY OWNERSHIP AND REPORTING 31 Beneficial Ownership of Directors and Executive Officers 31 Beneficial Owners of More than Five Percent of Our Common Stock 32 INFORMATION ABOUT OUR EXECUTIVE OFFICERS 33 COMPENSATION DISCUSSION AND ANALYSIS 36

Executive Compensation Overview

Executive Compensation Overview 37 How Executive Compensation Is Determined 39

Executive Compensation Components

Executive Compensation Components 41

Executive Compensation Policies and Practices

Executive Compensation Policies and Practices 51 COMPENSATION COMMITTEE REPORT 53

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 54 Summary Compensation Table 54 Grants of Plan-Based Awards in 2023 55 Outstanding Equity Awards at 2023 Fiscal Year-End 58 Stock Vested in 2023 60 Nonqualified Deferred Compensation 60 Potential Payments upon Termination or Change in Control 60 Pay Versus Performance 65 CEO Pay Ratio 68 PROPOSAL 2: ADVISORY APPROVAL OF EXECUTIVE COMPENSATION 69 PROPOSAL 3: ADVISORY APPROVAL OF FREQUENCY OF SAY ON PAY VOTES 70 PROPOSAL 4: RATIFICATION OF APPOINTMENT OF INDEPENDENT AUDITOR 71 Audit and Non-Audit Fees 71 Audit Services Pre-Approval Policy 72 AUDIT COMMITTEE REPORT 73 OTHER MATTERS 74 Meeting Matters 74 Stockholder Proposals and Director Nominations for 2025 Annual Meeting 74 Annual Report 74 FREQUENTLY ASKED QUESTIONS 75 APPENDIX–DEFINITIONS AND CALCULATION OF NON-GAAP MEASURES 81 RESERVATION REQUEST FORM 2024 PROXY STATEMENT/ 1 TABLE OF CONTENTS Proxy Summary This summary does not contain all the information you should consider before voting. Please read the entire proxy statement carefully. About Our Company Granite Point Mortgage Trust Inc. (NYSE: GPMT) is an internally managed real-estate finance company that focuses primarily on directly originating, investing in and managing senior floating-rate commercial mortgage loans and other debt and debt-like commercial real estate (CRE) investments. We operate as a real estate investment trust, or REIT, as defined under the Internal Revenue Code. We are a long-term, fundamental value-oriented investor. We construct our investment portfolio on a loan-by-loan basis, emphasizing rigorous credit underwriting, selectivity and diversification, and we assess each investment from a fundamental value perspective relative to other opportunities available in the market. GRANITE POINT MORTGAGE TRUST INC. TIMELINE INTERNALIZATION As noted in the timeline above, we were externally managed by Pine River Capit

View Full Filing

View this DEF 14A filing on SEC EDGAR

View on ReadTheFiling | About | Contact | Privacy | Terms

Data from SEC EDGAR. Not affiliated with the SEC. Not investment advice. © 2026 OpenDataHQ.