Abraham Spencer 4

What Happened
Abraham Spencer, a director of Two Harbors Investment Corp. (TWO), sold 4,522 shares on May 15, 2026 at $12.57 per share, generating proceeds of $56,864. The transaction is reported as a sale (disposed shares) rather than a purchase, and was used to satisfy taxes related to the vesting of previously granted restricted stock units (RSUs).

Key Details

• Transaction date and price: 2026-05-15 — 4,522 shares sold at $12.57 each.
• Total proceeds: $56,864.
• Reason/footnote: Sale executed to satisfy income tax liabilities from RSU vesting; effected pursuant to trading instructions given August 10, 2022 under a Rule 10b5-1 plan (footnote F1).
• Shares owned after transaction: Not specified in the provided filing details.
• Timeliness: Filing date and period reported as 2026-05-15 (same day); no late filing indicated in the provided information.

Context Sales tied to tax-withholding on RSU vesting and those executed under pre-established 10b5-1 plans are common and do not necessarily indicate a change in the insider’s view of the company. This was a routine disposition to cover tax obligations rather than a new, discretionary sale.