Key facts
- This page summarizes Robert Rush's Form 4 filing for TWO HARBORS INVESTMENT CORP. (TWO).
- 3 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 10 Jan 2024, 17:36.
Robert Rush - 08 Jan 2024 Form 4 Insider Report for TWO HARBORS INVESTMENT CORP. (TWO)
- Reporting relationship
- Chief Risk Officer
- Issuer ticker
- TWO
- Reported as of
- 08 Jan 2024
- Net transaction value
- -$48,376
- SEC form
- 4
- Accepted by SEC
- 10 Jan 2024, 17:36:31 UTC
- Prior SEC filing
- 01 Mar 2023
- Next SEC filing
- 18 Jan 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Robert Rush
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Robert Rush filed Form 4 for TWO HARBORS INVESTMENT CORP. (TWO) on 10 Jan 2024.
Change
- Previous filing in this sequence was filed on 01 Mar 2023.
- Current net transaction value: -$48,376.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
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
Award
- Transaction value
- $0
- Shares
- +16,760
- Change %
- +29%
- Price
- $0.000000
- Shares after
- 74,989
- Date
- 08 Jan 2024
- Ownership
- Direct
- Footnotes
- F1
TWO
transaction
Common stock, par value $0.01 per share
Award
- Transaction value
- $0
- Shares
- +6,887
- Change %
- +9.2%
- Price
- $0.000000
- Shares after
- 81,876
- Date
- 08 Jan 2024
- Ownership
- Direct
- Footnotes
- F2
TWO
transaction
Common stock, par value $0.01 per share
Sale
- Transaction value
- $48,376
- Shares
- -3,443
- Change %
- -4.2%
- Price
- $14.05
- Shares after
- 78,433
- Date
- 09 Jan 2024
- Ownership
- Direct
- Footnotes
- F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Rule 10b5-1 trading plan
These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.
Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).
Explanation of responses 3 footnotes
Footnote F1
Represents restricted stock units ("RSUs") granted to the reporting person under the Two Harbors Investment Corp. 2021 Equity Incentive Plan ("The Plan"). The awards 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 8, 2025, 2026 and 2027.
Footnote 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.
Footnote F3
The reporting person sold shares to satisfy income tax liabilities incurred as a result of the vesting of the PSUs. 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.