Form 4: Two Harbors Investment Corp. Chief Accounting Officer Reports Stock Transactions
SEC Form 4 Filing
Jillian Halm, Chief Accounting Officer of Two Harbors Investment Corp., reports acquisition and disposal of common stock and restricted stock units.
Summary
- Jillian Halm, the Chief Accounting Officer of Two Harbors Investment Corp., filed a Form 4 detailing changes in her beneficial ownership of the company's stock.
- On January 7, 2025, Halm acquired 8,741 restricted stock units (RSUs) and 481 shares of common stock from vested performance share units (PSUs).
- On January 8, 2025, Halm sold 481 shares of common stock at an average price of $11.3098 per share.
- Following these transactions, Halm beneficially owns 11,623 shares of common stock.
- The sale was executed under a pre-arranged trading plan (Rule 10b5-1) established on February 17, 2021.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by SEC regulations. It provides transparency to investors regarding the trading activities of key personnel.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by slightly increasing the number of outstanding shares and potentially affecting the stock price, although the amounts are relatively small.
Key Dates
| Date | Description |
|---|---|
| 02/17/2021 | Date of trading instructions given by the reporting person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934. |
| 01/07/2025 | Date of acquisition of restricted stock units (RSUs) and shares of common stock from vested performance share units (PSUs). |
| 01/08/2025 | Date of sale of common stock. |
| 01/07/2026 | First vesting date for RSUs. |
| 01/07/2027 | Second vesting date for RSUs. |
| 01/07/2028 | Third vesting date for RSUs. |
| 01/10/2025 | Date of signature for the Form 4 filing. |
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