KASNET STEPHEN G 4

What Happened

• Stephen G. Kasnet, a director of Two Harbors Investment Corp. (TWO), sold 7,034 shares on May 15, 2026. The shares were disposed at $12.57 per share for a total proceeds of $88,417. The filing lists the transaction as an open-market or private sale (code S).

Key Details

• Transaction date and price: May 15, 2026 — 7,034 shares at $12.57 per share.
• Total value: $88,417.
• Shares owned after transaction: Not disclosed in the excerpt of the filing.
• Footnote: The sale was made to satisfy income tax liabilities from the vesting of restricted stock units and was executed pursuant to trading instructions given August 10, 2023 under a Rule 10b5-1 plan.
• Filing timeliness: Reported on May 15, 2026 (transaction date and report date match); no late filing flag in the provided data.

Context

• This sale appears routine: it was done to cover taxes from RSU vesting and executed under a pre-established 10b5-1 plan, which sets trading instructions in advance. Such tax-related disposals are common and do not necessarily indicate a change in the director’s view of the company. Purchases generally carry stronger signals about insider sentiment than routine sales.