Form 4: Redwood Trust Director Acquires Deferred Stock Units

Georganne Proctor, a director at Redwood Trust Inc., acquired deferred stock units as part of a compensation plan.

Summary

• On March 28, 2024, Georganne Proctor, a director of Redwood Trust Inc., acquired 2,808.94 deferred stock units.
• The acquisition was made in accordance with the Redwood Trust Inc. Amended and Restated Executive Deferred Compensation Plan.
• The price of the deferred stock units was $6.27.
• The deferred stock units are 100% vested at grant and have no expiration date.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, indicating standard corporate governance practices. It's neutral to slightly positive as it shows alignment of director interests with the company.

Positives

• The acquisition of deferred stock units aligns the director's interests with the company's long-term performance.
• The compensation plan is already in place.

Industry Context

Director compensation through deferred stock units is a common practice in publicly traded companies to align the interests of directors with those of shareholders.

Stakeholder Impact

• The acquisition of deferred stock units by a director can positively influence shareholder confidence by aligning director interests with company performance.

Key Dates