[8-K] Redwood Trust, Inc. Reports Material Event

Rhea-AI Filing Summary

Stepan Company (SCL) filed a Form 8-K dated 30 Jul 2025 disclosing two routine events.

• Item 2.02 – Results of Operations: the company released a press statement (Exhibit 99.1) with financial results for the quarter ended 30 Jun 2025. Specific figures are not included within the filing itself.
• Item 8.01 – Other Events: the Board declared a quarterly cash dividend of $0.385 per common share, payable 15 Sep 2025 to shareholders of record on 29 Aug 2025.

No other material transactions, guidance revisions, or strategic changes are reported. Exhibits 99.1 and 99.2 contain the press releases, and Exhibit 104 provides the Inline XBRL cover page.

Insights

Financial Analyst

TL;DR: Routine 8-K; dividend maintained; financial details deferred to exhibit—neutral impact.

The filing conveys standard quarterly communications: release of Q2-25 results and continuation of Stepan’s dividend policy at $0.385 per share. Because the actual earnings data are not embedded, investors cannot gauge margin or revenue trends from the core document. The consistent dividend signals stable cash generation but is in line with prior payouts, hence not a catalyst. Absent guidance changes or strategic actions, the disclosure is considered informational with limited immediate valuation impact.

false000093023600009302362025-07-302025-07-300000930236us-gaap:CommonStockMember2025-07-302025-07-300000930236us-gaap:SeriesAPreferredStockMember2025-07-302025-07-300000930236rwt:A9.125SeniorNotesDue2029Member2025-07-302025-07-300000930236rwt:A9.000SeniorNotesDue2029Member2025-07-302025-07-300000930236rwt:A9.125SeniorNotesDue2030Member2025-07-302025-07-30

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549   

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 30, 2025  

REDWOOD TRUST, INC.

(Exact name of registrant as specified in its charter)

Maryland

001-13759

68-0329422

(State or other jurisdiction of incorporation)

(Commission File Number)

(I.R.S. Employer Identification No.)

One Belvedere Place

Suite 300

Mill Valley, California 94941

(Address of principal executive offices and Zip Code)

(415) 389-7373

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)  

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Securities registered pursuant to Section 12(b) of the Act:

Title of each class			Trading symbol(s)			Name of each exchange on which registered
Common stock, par value $0.01 per share			RWT			New York Stock Exchange
10% Series A Fixed-Rate Reset Cumulative Redeemable Preferred Stock, par value $0.01 per share			RWT PRA			New York Stock Exchange
9.125% Senior Notes Due 2029			RWTN			New York Stock Exchange
9.0% Senior Notes Due 2029			RWTO			New York Stock Exchange
9.125% Senior Notes Due 2030			RWTP			New York Stock Exchange

Item 2.02. Results of Operations and Financial Condition;

Item 7.01. Regulation FD Disclosure.

On July 30, 2025, Redwood Trust, Inc. (the "Company") issued a press release announcing its financial results for the quarter ended June 30, 2025, the Redwood Trust Shareholder Letter – 2nd Quarter 2025, The Redwood Review – 2nd Quarter 2025, and a press release announcing an upsized common stock repurchase authorization, copies of which are attached as Exhibit 99.1, Exhibit 99.2, Exhibit 99.3, and Exhibit 99.4, respectively, to this current report on Form 8-K.

In addition, on July 30, 2025, the Company made available Supplemental Financial Tables presenting certain financial results for the quarter ended June 30, 2025. A link to the Supplemental Financial Tables is available at the Company’s website at http://www.redwoodtrust.com, in the Investor Relations section of the website under “Financials.”

The information contained in this Item 2.02 and Item 7.01 and the attached Exhibits 99.1, 99.2, 99.3, and 99.4 is furnished to and not filed with the SEC, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, except as shall be expressly set forth by specific reference in such filing.

Item 9.01. Financial Statements and Exhibits.

(d)						Exhibits
Exhibit 99.1						Press Release issued July 30, 2025
Exhibit 99.2						Redwood Trust Shareholder Letter - 2nd Quarter 2025
Exhibit 99.3						The Redwood Review – 2nd Quarter 2025
Exhibit 99.4						Common Stock Repurchase Authorization
Exhibit 104						Cover Page Interactive Data File (embedded within the inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Date: July 30, 2025

REDWOOD TRUST, INC.

By:

/s/ BROOKE E. CARILLO

Name: Brooke E. Carillo

Title: Chief Financial Officer