Two Harbors (TWO) Chief Accounting Officer Jillian Halm Sells 18,833 Shares

What Happened
Jillian Halm, Chief Accounting Officer of Two Harbors Investment Corp. (TWO), had 18,833 shares disposed to the issuer at $12.00 per share, resulting in $225,996 in cash proceeds. The transaction is reported as a disposition to the issuer (code D) and reflects the merger cash-out rather than an open-market sale.

Key Details

• Transaction date: 2026-08-25; Price: $12.00 per share; Amount: 18,833 shares; Proceeds: $225,996.
• Transaction code: D (Disposition to the issuer) — part of the merger consideration, not a routine market sale.
• Footnote summary: Under the CCM Merger Agreement (effective March 27, 2026), each outstanding TWO common share was cancelled and converted into the right to receive $12.00 in cash. Outstanding restricted stock units were likewise converted into cash consideration.
• Shares owned after transaction: The filing does not report retained TWO common shares; all outstanding TWO common shares were cancelled at the merger effective time.
• Filing: Reported on 2026-08-25 (no late-filing indication in this report).

Context
This was a merger-related cash-out: under the CCM Merger, TWO shares (and outstanding RSUs) were converted into $12.00 cash per share/unit. That means the transaction reflects the corporate merger payout, not an insider choosing to sell shares on the open market — so it should not be read as a direct signal of Halm’s market view.