Jeffrey F. DiModica - Feb 1, 2024 Form 4 Insider Report for STARWOOD PROPERTY TRUST, INC. (STWD)

Role
President
Signature
/s/ Jeffrey F. DiModica
Stock symbol
STWD
Transactions as of
Feb 1, 2024
Transactions value $
-$508,243
Form type
4
Date filed
2/2/2024, 04:33 PM
Previous filing
Dec 29, 2023
Next filing
Mar 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STWD Common Stock Sale -$508K -25K -2.63% $20.33 926K Feb 1, 2024 Direct F1, F2, F3
* 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 sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. DiModica on September 28, 2023. These sales complete the share sales in Mr. DiModica's Rule 10b5-1 trading plan adopted on September 28, 2023.
F2 Represents shares of the issuer's common stock sold to satisfy tax obligations.
F3 The price reported is the weighted average price of the transactions. The shares of the issuer's common stock were sold in multiple transactions at prices ranging from $20.26 per share to $20.37 per share, inclusive. Mr. DiModica undertakes to provide the SEC, the issuer and any security holder full information regarding the number of shares and the prices at which the shares were sold.