WILLIAM GREENBERG - 10 Feb 2025 Form 4 Insider Report for TWO HARBORS INVESTMENT CORP. (TWO)

Signature
/s/ William Greenberg
Issuer symbol
TWO
Transactions as of
10 Feb 2025
Net transactions value
-$102,888
Form type
4
Filing time
11 Feb 2025, 16:15:16 UTC
Previous filing
15 Jan 2025
Next filing
19 Dec 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TWO Common stock, par value $0.01 per share Sale $102,888 -7,945 -2% $12.95 391,457 10 Feb 2025 Direct F1
holding TWO Common stock, par value $0.01 per share 3,025 10 Feb 2025 By Spouse F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).

Explanation of Responses:

Id Content
F1 The reporting person sold the shares to satisfy income tax liabilities incurred as a result of the vesting of restricted stock units previously granted to the reporting person. The transaction reported on this Form 4 was effected pursuant to trading instructions given by the reporting person on January 26, 2023 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.
F2 Includes 3,025 shares held by the reporting person's spouse. While the reporting person retains a pecuniary interest in these shares, he does not have dispositive or voting power with respect thereto and he disclaims any beneficial ownership interest therein.