Redwood Trust (RWT) director converts 20,729 deferred units to stock
Rhea-AI Filing Summary
Redwood Trust Inc. director Douglas B. Hansen exercised 20,729 Deferred Stock Units into 20,729 shares of common stock. The Form 4 shows this was an exercise of a derivative security under the Executive Deferred Compensation Plan, delivered at the time specified in the grant agreement after a mandatory holding period.
Following the transactions, Hansen indirectly holds 417,702 common shares through a trust, 31,517 shares through an IRA, and 13,418 shares directly. Footnotes describe the event as a distribution and/or conversion of Deferred Stock Units based on the fair market value of Redwood Trust common stock on the transaction date, indicating a routine compensation-related settlement rather than an open‑market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 20,729 shares
Net Buy
4 txns
Insider
HANSEN DOUGLAS B
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Deferred Stock Units | 20,729 | $0.00 | $0.00 |
| Exercise | Common Stock | 20,729 | $5.28 | $109K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Deferred Stock Units — 0 shares (Direct);
Common Stock — 417,702 shares (Indirect, by Trust);
Common Stock — 13,418 shares (Direct);
Common Stock — 31,517 shares (Indirect, by IRA)
Footnotes (5)
- F1. This transaction relates to the distribution and/or conversion of Deferred 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 Deferred Stock Units, including 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 of Deferred Stock Units, based on the original grant date fair market value.
- F4. Deferred Stock Units were subject to a mandatory holding period and are being delivered to the Participant at the time specified in the grant agreement, according to the terms and conditions of the Executive Deferred Compensation Plan.
- F5. No expiration date is applicable to deferred stock units.
Key Figures
Deferred Stock Units exercised: 20,729 units
Common shares via trust: 417,702 shares
Common shares via IRA: 31,517 shares
+3 more
6 metrics
Deferred Stock Units exercised
20,729 units
Converted into 20,729 common shares on 2026-05-26
Common shares via trust
417,702 shares
Indirect ownership by Trust after transaction
Common shares via IRA
31,517 shares
Indirect ownership by IRA after transaction
Common shares held directly
13,418 shares
Direct ownership after transaction
Original grant fair value
$6.03 per unit
Fair value of Deferred Stock Units at original grant date
Transaction price per DSU
$0.0000 per unit
Price for conversion of Deferred Stock Units to common stock
Key Terms
Deferred Stock Units, Executive Deferred Compensation Plan, mandatory holding period, fair market value, +1 more
5 terms
Deferred Stock Units financial
"This transaction relates to the distribution and/or conversion of Deferred Stock Units to common stock under the Executive Deferred Compensation Plan."
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Executive Deferred Compensation Plan financial
"Deferred Stock Units to common stock under the Executive Deferred Compensation Plan."
mandatory holding period financial
"Deferred Stock Units were subject to a mandatory holding period and are being delivered to the Participant at the time specified in the grant agreement,"
fair market value financial
"based on the fair market value of Redwood Trust, Inc. common stock on the transaction date."
The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.
fair value financial
"Represents fair value of Deferred Stock Units, based on the original grant date fair market value."
Fair value is an estimate of what an asset or company is really worth today, derived from expected future earnings, comparable market prices and other relevant facts—like agreeing a price for a used car after checking mileage, condition and similar listings. Investors use fair value to decide whether a stock looks overpriced or undervalued, which helps guide buy, hold or sell decisions and sets expectations for potential returns and risk.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did RWT director Douglas B. Hansen report?
Douglas B. Hansen reported exercising 20,729 Deferred Stock Units into 20,729 Redwood Trust common shares. The transaction occurred under the Executive Deferred Compensation Plan as a scheduled distribution and/or conversion, rather than an open-market purchase or sale of stock.
What are Deferred Stock Units in the Redwood Trust (RWT) filing?
Deferred Stock Units are compensation-related units that later convert into common shares. In this filing, 20,729 Deferred Stock Units were distributed and/or converted into 20,729 Redwood Trust common shares under the Executive Deferred Compensation Plan’s terms and mandatory holding period.
Was the Redwood Trust (RWT) insider transaction an open-market trade?
No, the filing describes the event as a distribution and/or conversion of Deferred Stock Units into common stock under the Executive Deferred Compensation Plan, following a mandatory holding period. It does not represent an open-market buy or sell transaction.
What price information is disclosed for the RWT Deferred Stock Unit conversion?
The filing shows the Deferred Stock Units converting into common stock at a transaction price per unit of $0.0000 and references a fair value of $6.03 per unit based on original grant date fair market value, indicating a non-cash, compensation-related settlement.
How many Deferred Stock Units remain after the RWT transaction?
After the transaction, the Deferred Stock Units position shows 0.0000 units following the exercise. This indicates the 20,729 Deferred Stock Units reported in the filing were fully distributed and/or converted into Redwood Trust common shares.