Nathan Boucher - 09 Jan 2026 Form 4 Insider Report for TWO HARBORS INVESTMENT CORP. (TWO)

Signature
/s/ Nathan Boucher
Issuer symbol
TWO
Transactions as of
09 Jan 2026
Net transactions value
-$15,593
Form type
4
Filing time
12 Jan 2026, 16:15:54 UTC
Previous filing
09 Jan 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
BOUCHER NATHAN EVP General Counsel RoundPoint TWO HARBORS INVESTMENT CORP., 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK /s/ Nathan Boucher 12 Jan 2026 0001996647

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 $7,434 -601 -2.1% $12.37 27,915 09 Jan 2026 Direct F1
transaction TWO Common stock, par value $0.01 per share Sale $8,158 -666 -2.4% $12.25 27,249 12 Jan 2026 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 sale reported on this Form 4 was effected pursuant to trading instructions given by the reporting person on February 7, 2024 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.