Robert Rush - 25 Aug 2026 Form 4 Insider Report for TWO HARBORS INVESTMENT CORP. (TWO)

Reporting relationship: Chief Risk Officer
Issuer ticker: TWO
Reported as of: 25 Aug 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 25 Aug 2026, 17:04:45 UTC
Prior SEC filing: 09 Jan 2026
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 25 Aug 2026.

Key facts

This page summarizes Robert Rush's Form 4 filing for TWO HARBORS INVESTMENT CORP. (TWO).
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 25 Aug 2026, 17:04.

Change

Previous filing in this sequence was filed on 09 Jan 2026.
Current net transaction value: $0.

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

Reporting Owners (1)

CIK 0001918741 Primary reporting owner

RUSH ROBERT

Relationship: Chief Risk Officer
Address: TWO HARBORS INVESTMENT CORP., 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK
Signature: /s/ Robert Rush
Signature date: 25 Aug 2026

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
Shares: +99,912
Change %: +70%
Price: $0.000000^*
Shares after: 242,470
Date: 25 Aug 2026
Ownership: Direct
Footnotes: F1, F3

TWO transaction

Common stock, par value $0.01 per share

Disposed to Issuer

Transaction value
Shares: -242,470
Change %: -100%
Price: $12.00^*
Shares after: 0
Date: 25 Aug 2026
Ownership: Direct
Footnotes: F2, F4

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

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Robert Rush is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 4 footnotes

Footnote F1

Represents shares of common stock deemed received by the reporting person in connection with the vesting of performance share units (each, a "TWO PSU") previously granted to the reporting person under the Two Harbors Investment Corp. 2021 Equity Incentive Plan.

Footnote F2

Pursuant to the Agreement and Plan of Merger (as amended, the "CCM Merger Agreement"), dated March 27, 2026, by and among Two Harbors Investment Corp. ("TWO"), CrossCountry Intermediate Holdco, LLC ("CCM") and CrossCountry Merger Corp., a wholly owned subsidiary of CCM ("Merger Sub"), Merger Sub merged with and into TWO, with TWO surviving the merger as a wholly owned subsidiary of CCM (the "CCM Merger"). At the effective time of the CCM Merger (the "Effective Time"), each share of TWO's common stock ("TWO Common Stock") that was issued and outstanding immediately prior to the Effective Time was automatically cancelled and converted into the right to receive $12.00 in cash (the "CCM Merger Consideration").

Footnote F3

Includes TWO restricted stock units ("TWO RSUs") described in footnote 4 below.

Footnote F4

Pursuant to the CCM Merger Agreement, at the Effective Time, (i) each TWO RSU that was outstanding as of immediately prior to the Effective Time, whether vested or unvested, was automatically cancelled and converted into the right to receive the CCM Merger Consideration with respect to each share of TWO Common Stock and (ii) each TWO PSU that was outstanding as of immediately prior to the Effective Time was automatically canceled and converted into the right to receive the Merger Consideration with respect to each share of TWO Common Stock subject to such TWO PSU immediately prior to the Effective Time that is earned and vested assuming achievement of the applicable performance criteria at the greater of (x) target performance and (y) actual performance determined by the TWO board of directors as if the closing date contemplated by the Merger Agreement occurs was the last day of the applicable performance period.