Rebecca B. Sandberg - 10 Feb 2025 Form 4 Insider Report for TWO HARBORS INVESTMENT CORP. (TWO)

Signature
/s/ Rebecca B. Sandberg
Issuer symbol
TWO
Transactions as of
10 Feb 2025
Net transactions value
-$33,191
Form type
4
Filing time
11 Feb 2025, 16:20:17 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 $33,191 -2,561 -1.7% $12.96 146,803 10 Feb 2025 Direct F1
* 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 February 6, 2024 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.