Form 4: Redwood Trust Director Debora Horvath D Converts Deferred Stock Units to Common Stock
SEC Form 4
Director Debora Horvath D converted deferred stock units to common stock in Redwood Trust Inc. on May 1, 2025, according to a Form 4 filing.
Summary
- On May 1, 2025, Debora Horvath D, a director of Redwood Trust Inc., converted 23,232 deferred stock units into common stock.
- The transaction was executed under the Redwood Trust Inc. Amended and Restated Executive Deferred Compensation Plan.
- The price per share for the conversion was $6.21.
- Following the transaction, Horvath directly owns 0 shares and indirectly owns 89,258.3 shares through a trust and 8,463.02 shares through an IRA.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing an insider transaction, which is neither inherently positive nor negative.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company directors.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine conversion of deferred compensation.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of transaction: conversion of deferred stock units to common stock. |
| 05/02/2025 | Date of signature on the Form 4 filing. |
Keywords
Redwood Trust Inc., Debora Horvath D, Form 4, Director, Deferred Stock Units, Common Stock, Executive Deferred Compensation Plan, Beneficial Ownership, RWT
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.