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GPMT reverse split: 1-for-10, Oct 6, 2026, cash in lieu of fractions

Granite Point Mortgage Trust Inc. (GPMT) announced a 1-for-10 reverse stock split effective Oct 6, 2026. Every 10 shares become 1 share.

Ratio1-for-10

Effective / split-adjusted tradingOct 6, 2026high confidence

Fractional sharesCash in lieu

StatusEffective (past)

Filed2026-10-06 (8-K)

Data as of Oct 19, 2026 1:18 PM ET · Report an error

What the filing says about fractional shares

Eastern Time on October 5, 2026, payment of fractional shares in cash, and a corresponding and statutorily required increase in the par value per share of Common Stock from $0.01 per share to $0.10 per share (the "First Amendment"); and ii. the restoration of the par value per share of the Common Stock to $0.01 per share, effective immediately following the effectiveness of the First Amendment (the "Second Amendment").

Quoted from https://www.sec.gov/Archives/edgar/data/1703644/000110465926114056/tm2627062d1_8k.htm

Not investment advice. This page was generated automatically from SEC filings and may contain errors. Brokers process round-ups differently, some pay cash or deposit fractions instead, and some charge reorganization fees. Read the source filing.

Sources

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