Form 4: Redwood Trust Director Debora Horvath D Converts Deferred Stock Units to Common Stock
SEC Form 4
Director Debora Horvath D converted 10,054 Deferred Stock Units to common stock at Redwood Trust Inc. on June 5, 2024.
Summary
- On June 5, 2024, Debora Horvath D, a director at Redwood Trust Inc., converted 10,054 Deferred Stock Units (DSUs) into common stock.
- The transaction was executed under the Executive Deferred Compensation Plan.
- The price per share for the conversion was $6.34.
- Following the transaction, Horvath directly owns 0 shares and indirectly owns 66,026.3 shares through a trust and 7,673.56 shares through an IRA.
Sentiment
Score: 5
Explanation: This is a routine disclosure of insider transactions, neither inherently positive nor negative.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to investors regarding the holdings and transactions of company insiders.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 06/05/2024 | Date of transaction: conversion of Deferred Stock Units to common stock |
| 06/06/2024 | Date of signature for the Form 4 filing |
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