Robert Rush - 08 Feb 2023 Form 4 Insider Report for TWO HARBORS INVESTMENT CORP. (TWO)

Reporting relationship: Vice President & CRO
Issuer ticker: TWO
Reported as of: 08 Feb 2023
Net transaction value: -$39,042
SEC form: 4
Accepted by SEC: 10 Feb 2023, 15:17:03 UTC
Prior SEC filing: 01 Feb 2023
Next SEC filing: 01 Mar 2023
Source filing: View source filing
Reporting owner signature: /s/ Robert Rush

Key filing fact

Robert Rush filed Form 4 for TWO HARBORS INVESTMENT CORP. (TWO) on 10 Feb 2023.

Key facts

This page summarizes Robert Rush's Form 4 filing for TWO HARBORS INVESTMENT CORP. (TWO).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 10 Feb 2023, 15:17.

Change

Previous filing in this sequence was filed on 01 Feb 2023.
Current net transaction value: -$39,042.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TWO transaction

Common stock, par value $0.01 per share

Sale

Transaction value: $39,042
Shares: -2,301
Change %: -3.6%
Price: $16.97
Shares after: 61,897
Date: 08 Feb 2023
Ownership: Direct
Footnotes: F1, F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

The transactions reported on this Form 4 were 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.

Footnote F2

The reporting person sold the shares to satisfy income tax liabilities incurred as a result of the vesting on February 7, 2023 of restricted stock units previously granted to the reporting person.

Footnote F3

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.94 to $17.00, inclusive. The reporting person undertakes to provide to Two Harbors Investment Corp., any security holder of Two Harbors Investment Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.