| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | TWO | Common stock, par value $0.01 per share | Award | $0 | +20.8K | +30.01% | $0.00 | 89.9K | Jan 7, 2025 | Direct | F1 |
| transaction | TWO | Common stock, par value $0.01 per share | Award | $0 | +9.36K | +10.41% | $0.00 | 99.3K | Jan 7, 2025 | Direct | F2 |
| transaction | TWO | Common stock, par value $0.01 per share | Sale | -$52.5K | -4.68K | -4.71% | $11.22 | 94.6K | Jan 8, 2025 | Direct | F3 |
| transaction | TWO | Common stock, par value $0.01 per share | Sale | -$25.2K | -2.27K | -2.4% | $11.13 | 92.3K | Jan 10, 2025 | Direct | F4 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | Represents restricted stock units ("RSUs") granted to the reporting person under the Two Harbors Investment Corp. 2021 Equity Incentive Plan ("The Plan"). The RSUs were received as a grant for no consideration. The common stock underlying the RSUs will vest, subject to certain limitations, in equal installments on January 7, 2026, 2027 and 2028. |
| F2 | Represents shares of common stock received by the reporting person in connection with the vesting of performance share units ("PSUs") previously granted to the reporting person under the Plan. |
| F3 | The reporting person sold the shares to satisfy income tax liabilities incurred as a result of the vesting of the PSUs previously granted to the reporting person. The sale reported on this Form 4 was effected pursuant to trading instructions given by the reporting person on February 25, 2021 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934. |
| F4 | The reporting person sold the shares to satisfy income tax liabilities incurred as a result of the vesting of RSUs previously granted to the reporting person. The sale reported on this Form 4 was effected pursuant to trading instructions given by the reporting person on February 25, 2021 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934. |