Damon Doneene K 4
4 · REDWOOD TRUST INC · Filed Jul 1, 2026
Research Summary
AI-generated summary of this filing
Redwood Trust (RWT) Director Damon Doneene Receives 4,975 Shares
What Happened
Damon Doneene K, a director of Redwood Trust, converted deferred stock units into 4,975 shares of common stock on June 30, 2026. The conversion is recorded as an acquired transaction valued at $4.87 per share, for a total value of $24,228. The filing also shows the corresponding derivative units were canceled in connection with the conversion.
Key Details
- Transaction date: 2026-06-30 (reported on Form 4 filed 2026-07-01) — filing appears timely.
- Acquired: 4,975 shares at $4.87 each — total reported value $24,228.
- Disposed/canceled: 4,975 derivative units at $0.00 (reflects conversion/cancellation of the deferred units).
- Transaction code: M — conversion/exercise of a derivative instrument (here, Deferred Stock Units).
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnotes: Conversion was a distribution under the Redwood Trust Amended and Restated Executive Deferred Compensation Plan; value based on fair market value on the transaction date; units were subject to a mandatory holding period per the plan.
Context
This was not an open-market purchase or sale but a distribution/conversion of deferred compensation (Deferred Stock Units) into common shares. Such conversions are typically part of director compensation and do not necessarily signal a buy/sell decision by the insider. The converted shares may be subject to holding restrictions under the plan.
Insider Transaction Report
- Exercise/Conversion
Common stock
[F1][F2]2026-06-30$4.87/sh+4,975$24,228→ 7,455 total - Exercise/Conversion
Deferred Stock Units
[F3][F1][F4][F5]2026-06-30−4,975→ 0 totalExercise: $6.28→ Common stock (4,975 underlying)
Footnotes (5)
- [F1]This transaction relates to the distribution and/or conversion of Deferred Stock Units to common stock in accordance with the deferral election made with respect to director compensation and dividend equivalent rights according to the terms and conditions of the Redwood Trust Inc. Amended and Restated Executive Deferred Compensation Plan.
- [F2]Represents the value of the distribution and/or conversion of Deferred Stock Units 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]Represents average grant date fair value of Deferred Stock Units acquired based on the fair market value of Redwood Trust, Inc. common stock on the acquisition dates.
- [F4]Deferred Stock Units were subject to a mandatory holding period and are being delivered to the Participant at the time provided in the Deferral Election Fonn, according to the terms and conditions of the Redwood Trust, Lnc. Amended and Restated Executive Deferred Compensation Plan.
- [F5]No expiration date is applicable to Deferred Stock Units.