STERNLICHT BARRY S 4

What Happened
Barry S. Sternlicht, CEO, Chairman and Director of Starwood Property Trust (STWD), reported an "other acquisition or disposition" (code J) on 2026-06-02 disposing of 5,063 shares at $0.00 per share (no cash proceeds reported). The filing treats this as a transfer/disposition rather than an open-market sale.

Key Details

• Transaction date: 2026-06-02; Filing date: 2026-06-04 (no late‑filing flag indicated).
• Transaction type/code: Other acquisition/disposition (J).
• Shares disposed: 5,063; Price reported: $0.00; Reported value: $0.
• Shares owned after transaction: Not specified in the provided excerpt—see the full Form 4 for aggregate holdings.
• Relevant footnotes from the filing:
  • F1: Some shares represent common stock distributed by SPT Management, LLC (the external manager) to certain employees/affiliates.
  • F2: A separate transfer of 111,589 shares previously held by the Manager was reclassified as directly beneficially owned by Mr. Sternlicht.
  • F3: Certain securities are held by entities Mr. Sternlicht controls; he disclaims beneficial ownership except to the extent of any pecuniary interest.

Context
A $0.00 disposition typically indicates an internal transfer, distribution, or similar non‑market transaction rather than a cash sale; it does not reflect proceeds or standard open‑market selling activity. Sternlicht also has holdings reported indirectly through affiliated entities, so consult the full Form 4 for total beneficial ownership and details.