Form 4: Redwood Trust Director Debora Horvath D Acquires Deferred Stock Units
SEC Form 4 Filing
Director Debora Horvath D acquired 5,987.19 Deferred Stock Units of Redwood Trust Inc. on September 30, 2024, as part of a director compensation plan.
Summary
- On September 30, 2024, Debora Horvath D, a director of Redwood Trust Inc., acquired 5,987.19 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 $7.75.
- These units are 100% vested at grant and do not have an expiration date.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects standard director compensation practices, aligning interests with shareholders.
Positives
- The acquisition of Deferred Stock Units aligns the director's interests with the long-term performance of Redwood Trust Inc.
- The units are 100% vested at grant.
Industry Context
Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to the market.
Stakeholder Impact
- The acquisition of Deferred Stock Units aligns the director's interests with shareholders.
Key Dates
| Date | Description |
|---|---|
| 09/30/2024 | Date of transaction: Debora Horvath D acquired Deferred Stock Units |
| 10/02/2024 | Date of signature on the Form 4 filing |
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