Form 4: Redwood Trust Director Schwartz Converts Deferred Stock Units to Common Stock
SEC Form 4 Filing
Director Faith A. Schwartz converted deferred stock units to common stock in Redwood Trust Inc. on May 2, 2025, according to a Form 4 filing.
Summary
- On May 2, 2025, Faith A. Schwartz, a director of Redwood Trust Inc., converted 1,028 deferred stock units into common stock.
- The conversion occurred under the Executive Deferred Compensation Plan.
- The price per share for the conversion was $5.83.
- Following the transaction, Schwartz directly owns 17,838.17 shares of Redwood Trust Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to executive compensation, with no inherent positive or negative sentiment.
Industry Context
Executive compensation plans involving deferred stock units are common in publicly traded companies to align the interests of directors and executives with those of shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/02/2025 | Date of transaction: conversion of deferred stock units to common stock. |
| 05/06/2025 | Date of signature on the Form 4 filing. |
Keywords
Redwood Trust Inc, Director, Faith A. Schwartz, Deferred Stock Units, Common Stock, Executive Deferred Compensation Plan, Form 4, Conversion
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