Granite Point Mortgage Trust Completes 1-for-10 Reverse Stock Split

Granite Point Mortgage Trust Inc. completed a one-for-ten reverse stock split, effective October 5, 2026. The split reduced the number of outstanding shares from approximately 48.2 million to 4.8 million. The company's stock continues to trade on the NYSE under the ticker symbol GPMT, with a new CUSIP number.