Two Harbors (TWO) Director Sanjiv Das Sells 20,410 Shares

What Happened

• Sanjiv Das, a director of Two Harbors Investment Corp. (TWO), had 20,410 shares disposed to the issuer on 2026-08-25. The shares were converted/cashed out at $12.00 per share for total proceeds of $244,920. This was a disposition (sale-like) resulting from the company merger, not an open-market sale.

Key Details

• Transaction date: 2026-08-25; Price: $12.00 per share; Total: $244,920.
• Transaction type: Disposition to the issuer (D) under the merger terms.
• Shares owned after transaction: Shares of TWO common stock held immediately prior were cancelled and converted into cash at the merger effective time, so the insider no longer holds those common shares of TWO.
• Footnote: Per the Agreement and Plan of Merger (dated March 27, 2026, as amended), CrossCountry Merger Corp. merged into TWO, and each outstanding TWO common share was cancelled for $12.00 cash.
• Filing timing: Reported on 2026-08-25 (period of report 2026-08-25); no late-filing indication in this report.

Context

• This was not a voluntary open-market sale but a mandatory cash-out tied to the CCM merger—shares were converted into cash at the merger effective time. Such merger-driven dispositions reflect deal terms rather than an insider's buying/selling decision.