Form 4: Two Harbors Executive Sells Shares for Tax Liabilities

Nathan Boucher, EVP General Counsel of Two Harbors Investment Corp., sold company stock to cover income tax liabilities from vested restricted stock units.

Summary

• Nathan Boucher, Executive Vice President and General Counsel of Two Harbors Investment Corp., reported sales of common stock.
• On January 9, 2026, Boucher sold 601 shares of common stock at a price of $12.37 per share.
• On January 12, 2026, an additional 666 shares were sold at a price of $12.25 per share.
• These sales were conducted to satisfy income tax liabilities incurred due to the vesting of previously granted restricted stock units.
• The transactions were executed pursuant to a Rule 10b5-1 trading plan established on February 7, 2024.
• Following the transactions, Nathan Boucher beneficially owns 27,249 shares of Two Harbors Investment Corp. common stock.

Sentiment

Score: 5

Explanation: The filing reports routine insider stock sales for tax liabilities, which is a neutral event and does not indicate a change in company fundamentals or management sentiment towards the stock.

Future Outlook

This Form 4 filing reports past insider transactions and does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This filing is a routine disclosure of an insider stock transaction, specifically for tax purposes related to equity compensation. It does not provide information that directly relates to broader industry trends or competitive positioning within the real estate investment trust (REIT) sector.

Stakeholder Impact

• Shareholders: Minimal impact, as these are routine tax-related sales by an executive and do not suggest a change in company prospects or a significant reduction in insider ownership.

Key Dates

Keywords

Two Harbors Investment Corp., TWO, Nathan Boucher, Form 4, Insider Trading, Stock Sale, Restricted Stock Units, Tax Liabilities, 10b5-1 Plan