Form 4: Redwood Trust Executive Sasha G. Macomber Reports Stock Transactions
SEC Form 4 Filing
Sasha G. Macomber, Chief Human Resource Officer of Redwood Trust Inc., reports the distribution and conversion of Deferred Stock Units to common stock, along with related tax withholding.
Summary
- On December 23, 2024, Sasha G. Macomber, Chief Human Resource Officer of Redwood Trust Inc., engaged in transactions involving Deferred Stock Units and common stock.
- Macomber converted Deferred Stock Units to common stock under the Executive Deferred Compensation Plan.
- The conversion involved 10,548 Deferred Stock Units.
- As a result of the conversion, Macomber acquired 10,548 shares of common stock at a value of $6.77 per share.
- A portion of the shares (12,257) were disposed of to cover tax liabilities related to the distribution and conversion of the Deferred Stock Units.
- Following these transactions, Macomber directly owns 61,443 shares of common stock.
- After the reported transactions, no other Deferred Stock Units with the same original grant date are beneficially owned.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but it is not expected to be significant.
Key Dates
| Date | Description |
|---|---|
| 12/23/2024 | Date of transaction involving Deferred Stock Units and common stock. |
| 12/24/2024 | Date of signature for the Form 4 filing. |
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