Horvath D. Debora - May 1, 2025 Form 4 Insider Report for REDWOOD TRUST INC (RWT)

Role
Director
Signature
Attorney-In-Fact: /s/ Andrew P. Stone
Stock symbol
RWT
Transactions as of
May 1, 2025
Transactions value $
$144,271
Form type
4
Date filed
5/2/2025, 04:01 PM
Previous filing
Apr 2, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Debora Horvath D Director 1 BELVEDERE PLACE, SUITE 300, MILL VALLEY Attorney-In-Fact: /s/ Andrew P. Stone 2025-05-02 0001564301

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RWT Common stock Options Exercise $144K +23.2K +35.19% $6.21 89.3K May 1, 2025 Trust F1, F2
holding RWT Common stock 8.46K May 1, 2025 IRA

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RWT Deferred Stock Units Options Exercise $0 -23.2K -100% $0.00 0 May 1, 2025 Common Stock 23.2K $6.82 Direct F1, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction relates to the distribution and/or conversion of Deferred Stock Units to common stock in accordance with the deferral election made with respect to director compensation and dividend equivalent rights according to the terms and conditions of the Redwood Trust Inc. Amended and Restated Executive Deferred Compensation Plan.
F2 Represents the value of the distribution and/or conversion of Deferred Stock Units to common stock under the Executive Deferred Compensation Plan, based on the fair market value of Redwood Trust, Inc. common stock on the transaction date.
F3 Represents average grant date fair value of Deferred Stock Units acquired based on the fair market value of Redwood Trust, Inc. common stock on the acquisition dates.
F4 Deferred Stock Units were subject to a mandatory holding period and are being delivered to the Participant at the time provided in the Deferral Election Form, according to the terms and conditions of the Redwood Trust, Inc. Amended and Restated Executive Deferred Compensation Plan.
F5 No expiration date is applicable to Deferred Stock Units.