Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Effective January 9, 2023, the Board of Directors (the "Board") of Granite Point Mortgage Trust Inc. (the "Company") appointed Sheila McGrath to serve as a member of the Board until the Company's 2023 Annual Meeting of Stockholders. The Board also appointed Ms. McGrath to serve as a member of its Nominating and Corporate Governance Committee.

As an independent director, Ms. McGrath will receive compensation as described in the Company's most recent Definitive Proxy Statement on Schedule 14A, which was filed with the Securities and Exchange Commission (the "SEC") on April 18, 2022. The compensation amounts will be pro-rated for Ms. McGrath's partial term of service.

The Company has entered into its standard form of indemnification agreement with Ms. McGrath, which requires the Company to indemnify Ms. McGrath against certain liabilities that may arise from her status or service as a director. The Company's Form of Amended and Restated Indemnification Agreement was filed as Exhibit 10.1 to the Company's Quarterly Report on Form 10-Q for the period ended March 31, 2020, which was filed with the SEC on May 11, 2020.

A copy of the Company's press release announcing the appointment of Ms. McGrath is attached hereto as Exhibit 99.1 and is incorporated in this report by reference.

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Item 9.01   Financial Statements and Exhibits.



(d) Exhibits.

Exhibit No.       Description

99.1                Press Release of Gran    ite Point M    ortgage Trust    ,
                  Inc    .     dated January 9, 2023.
104               Cover Page Interactive Data File (embedded within the Inline XBRL
                  document)

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