Barry S. Sternlicht - 31 Mar 2026 Form 4 Insider Report for STARWOOD PROPERTY TRUST, INC. (STWD)

Reporting relationship: CEO, Chairman of the Board, Director
Issuer ticker: STWD
Reported as of: 31 Mar 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 02 Apr 2026, 17:27:22 UTC
Prior SEC filing: 23 Mar 2026
Next SEC filing: 06 Apr 2026
Source filing: View source filing
Reporting owner signature: /s/ Barry S. Sternlicht

Key filing fact

Barry S. Sternlicht filed Form 4 for STARWOOD PROPERTY TRUST, INC. (STWD) on 02 Apr 2026.

Key facts

This page summarizes Barry S. Sternlicht's Form 4 filing for STARWOOD PROPERTY TRUST, INC. (STWD).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 02 Apr 2026, 17:27.

Change

Previous filing in this sequence was filed on 23 Mar 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 0001034657 Primary reporting owner

STERNLICHT BARRY S

Relationship: CEO, Chairman of the Board, Director
Address: C/O STARWOOD PROPERTY TRUST, INC., 2340 COLLINS AVENUE, MIAMI BEACH
Signature: /s/ Barry S. Sternlicht
Signature date: 02 Apr 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

STWD transaction

Common Stock

Options Exercise

Transaction value
Shares: +276,666
Change %: +9.1%
Price
Shares after: 3,318,389
Date: 31 Mar 2026
Ownership: By controlled entities
Footnotes: F1, F2, F3, F4

STWD transaction

Common Stock

Other

Transaction value
Shares: -16,684
Change %: -0.5%
Price: $0.000000^*
Shares after: 3,301,705
Date: 01 Apr 2026
Ownership: By controlled entities
Footnotes: F4, F5

STWD holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 14,296,027
Date: 31 Mar 2026
Ownership: Direct
Footnotes: F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

STWD transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares: -276,666
Change %: -14%
Price: $0.000000^*
Shares after: 1,726,670
Date: 31 Mar 2026
Ownership: By controlled entities
Underlying class: Common Stock
Underlying amount: 276,666
Exercise price
Footnotes: F1, F2, F4, F6, F7

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

On March 31, 2026, SPT Management, LLC, the issuer's external manager (the "Manager"), acquired 276,666 shares of the issuer's common stock in connection with the vesting of (i) 108,333 of the restricted stock units originally granted to the Manager on March 4, 2024 (the "2024 RSUs"), (ii) 112,500 of the restricted stock units originally granted to the Manager on March 6, 2025 (the "2025 RSUs"), and (iii) 55,833 of the restricted stock units originally granted to the Manager on March 10, 2026 (the "2026 RSUs"), each as an award under the Starwood Property Trust, Inc. 2022 Manager Equity Plan.

Footnote F2

The remaining 2024 RSUs, the remaining 2025 RSUs and the remaining 2026 RSUs will vest ratably in quarterly installments through December 31, 2026, December 31, 2027, and December 31, 2028, respectively, in each case subject to the Manager's continued service as the issuer's external manager. As such restricted stock units vest, the awards will be settled in shares of the issuer's common stock promptly, but in no event later than 30 days, following the applicable quarterly vesting dates.

Footnote F3

Reflects the transfer of 68,572 shares of the issuer's common stock that were previously held by the Manager and reported as indirectly beneficially owned by Mr. Sternlicht on February 25, 2026, such that they are now directly beneficially owned by Mr. Sternlicht.

Footnote F4

Represents securities held by entities directly or indirectly controlled by Mr. Sternlicht, including the Manager, SFIP, LLC and JAWS Capital, LP. Mr. Sternlicht disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.

Footnote F5

Represents shares of the issuer's common stock distributed by the Manager to certain employees and/or other persons having an affiliation with the Manager.

Footnote F6

Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.

Footnote F7

Represents the 1,300,000 2024 RSUs, the 1,350,000 2025 RSUs and the 670,000 2026 RSUs granted to the Manager, less those restricted stock units that have already vested and been converted into shares of the issuer's common stock.