Macomber Sasha G. 4

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.