Sasha G. Macomber - 24 Dec 2025 Form 4 Insider Report for REDWOOD TRUST INC (RWT)

Role
Chief Human Resource Officer
Signature
Attorney-In-Fact:/Andrew P. Stone
Issuer symbol
RWT
Transactions as of
24 Dec 2025
Net transactions value
+$72,089
Form type
4
Filing time
29 Dec 2025, 17:38:56 UTC
Previous filing
12 Dec 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Macomber Sasha G. Chief Human Resource Officer 1 BELVEDERE PLACE, SUITE 300, MILL VALLEY Attorney-In-Fact:/Andrew P. Stone 24 Dec 2025 0001758710

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RWT Common Stock Options Exercise $72,089 +13,131 +19% $5.49 82,372 24 Dec 2025 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RWT Deferred Stock Units Tax liability $0 -15,321 -54% $0.000000 13,131 24 Dec 2025 Common Stock 15,321 $13.18 Direct F1, F2, F3, F4, F5
transaction RWT Deferred Stock Units Options Exercise $0 -13,131 -100% $0.000000 0 24 Dec 2025 Common Stock 13,131 $13.18 Direct F1, F4, F5, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction relates to the distribution and/or conversion of Deferred Stock Units to common stock under the Executive Deferred Compensation Plan.
F2 Represents the value (per stock unit or share of common stock) of the distribution and/or conversion of Deferred Stock Units, including to common stock under the Executive Deferred Compensation Plan, based on the fair market value of Redwood Trust, Inc. common stock on the transaction date.
F3 This disposition transaction represents a Compensation Committee approved withholding of securities incident to the payment of tax liability relating to the distribution and/or conversion of Deferred Stock Units in the Executive Deferred Compensation Plan.
F4 Deferred Stock Units were subject to a mandatory holding period and are being delivered to the Participant at the time specified in the grant agreement, according to the terms and conditions of the Executive Deferred Compensation Plan.
F5 No expiration date is applicable to deferred stock units.
F6 Represents fair value of Deferred Stock Units, based on the original grant date fair market value.
F7 Following these reported transactions, no other Deferred Stock Units with the same original grant date are beneficially owned.