Macomber Sasha G. 4

4 · REDWOOD TRUST INC · Filed Apr 15, 2026

AI-generated summary of this filing

Updated Apr 15, 2026

Redwood Trust (RWT) CHRO Sasha Macomber Receives 8,031 Shares

What Happened

Sasha G. Macomber, Chief Human Resource Officer of Redwood Trust, converted 8,031 performance stock units (PSUs) into common shares on April 14, 2026. The conversion is reported at a per-unit value of $5.97, totaling about $47,945.
As part of the settlement, 9,407 shares were withheld to satisfy the related income tax liability. The filing shows the conversion and the tax-withholding (codes M and F), and does not indicate an open-market sale.

Key Details

Transaction date: 2026-04-14. Filing date: 2026-04-15 (timely).
Conversion: 8,031 PSUs converted to common stock at $5.97 per share (total ≈ $47,945).
Withholding: 9,407 shares withheld to cover taxes (reported as a disposition under withholding code F).
Other notes from the filing: the conversion relates to PSUs under the Executive Deferred Compensation Plan; the per-share values reflect fair market value on the transaction date and original grant-date fair value under ASC 718; PSUs had a mandatory holding/conversion window within 45 days following April 1, 2026; no remaining PSUs with the same original grant date are beneficially owned after these transactions.
The report does not specify the insider’s total common shares owned after these transactions.

Context

This was a routine settlement of performance-based equity (PSUs) and a tax-withholding disposition—not an open-market buy or sell intended to signal sentiment. Conversion of PSUs (derivative-to-stock) is common when performance periods end; withholding of shares to cover taxes is standard practice.

Form 4

Period: 2026-04-14

Chief Human Resource Officer

Transactions

Exercise/Conversion
Common Stock
[F1][F2]
2026-04-14$5.97/sh+8,031$47,945→ 90,403 total
Tax Payment
Performance Stock Units
[F3][F4][F5][F6]
2026-04-14−9,407→ 8,031 total
Exercise: $9.09→ Common Stock (9,407 underlying)
Exercise/Conversion
Performance Stock Units
[F3][F1][F5][F6][F7]
2026-04-14−8,031→ 0 total
Exercise: $9.09→ Common Stock (8,031 underlying)

Footnotes (7)

[F1]This transaction relates to the distribution and/or conversion of Performance Stock Units to common stock under the Executive Deferred Compensation Plan.
[F2]Represents the value (per stock unit or share of common stock) of the distribution and/or conversion of Performance 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 fair value per stock unit of Performance Stock Units based on the original grant date fair value determined at such time in accordance with FASB Accounting Standards Codification Topic 718.
[F4]This disposition transaction represents a Compensation Committee approved withholding of securities incident to the payment of income tax liability relating to the distribution and/or conversion of Performance Stock Units under the Executive Deferred Compensation Plan.
[F5]Performance Stock Units were subject to a mandatory holding period and conversion and/or distribution to the Reporting Person within 45 days following April 1, 2026.
[F6]No expiration date is applicable to performance stock units.
[F7]Following these reported transactions, no other Performance Stock Units with the same original grant date are beneficially owned.

Signature

Attorney-In-Fact:/Andrew P. Stone|2026-04-15

1 file