James D. Campbell - 12 Jan 2026 Form 4 Insider Report for TWO HARBORS INVESTMENT CORP. (TWO)

Signature
/s/ James D. Campbell
Issuer symbol
TWO
Transactions as of
12 Jan 2026
Net transactions value
-$20,964
Form type
4
Filing time
12 Jan 2026, 16:16:46 UTC
Previous filing
09 Jan 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Campbell James D EVP Servicing Ops RoundPoint TWO HARBORS INVESTMENT CORP., 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK /s/ James D. Campbell 12 Jan 2026 0002038877

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 $20,964 -1,692 -4.4% $12.39 37,056 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 January 29, 2025 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.