Pollack Jonathan Lee 4

What Happened

• Jonathan Lee Pollack, a director of Starwood Property Trust, reported acquisitions on Mar 16, 2026: rights to 111,000 restricted stock units (RSUs) and a grant of 5,828 shares. No cash price was reported (transaction values shown as N/A).
• The 111,000 RSU rights were transferred from SPT Management, LLC (the issuer’s external manager) and represent contingent rights to receive one share per RSU. The RSUs vest in equal installments on Mar 15, 2027, Mar 15, 2028 and Mar 15, 2029. The 5,828 shares were granted to Mr. Pollack through the Manager.

Key Details

• Transaction date(s): March 16, 2026; Form 4 filed March 18, 2026 (appears timely — within the two-business-day reporting window).
• Reported transactions: “Other acquisition or disposition (J)” for 111,000 RSU rights; “Grant, award or other acquisition (A)” for 5,828 shares.
• Price / value: Not disclosed on the Form 4 (listed as N/A).
• Shares owned after transaction: Not specified in the filing.
• Notable footnotes: F1 — RSUs were previously granted to the Manager and transferred to Pollack; vesting in three equal annual installments (2027–2029). F2 — 5,828 common shares were granted through the Manager.
• No indication of tax withholding, sale, or use of a trading plan in the filing.

Context

• These entries are awards/acquisitions (not open-market buys or sales). RSU grants are long-term equity compensation that vest over time; they are not immediate cash sales and do not necessarily reflect near-term trading intent.
• For retail investors, such awards increase an insider’s potential future stake if vested shares are received, but they do not indicate an immediate market purchase or sale.