Redwood Trust director converts deferred stock units
Redwood Trust director Faith A. Schwartz exercised deferred compensation awards into stock rather than trading in the market.
Rhea-AI Filing Summary
Redwood Trust director Faith A. Schwartz exercised deferred compensation awards into stock rather than trading in the market. On 2026-05-26, she converted 20,729 Deferred Stock Units into 20,729 shares of Redwood Trust common stock under the Executive Deferred Compensation Plan. The conversion used a grant-date value of $6.03 per unit, while the common shares are shown at a fair market value of $5.28 per share on the transaction date. After this mandatory distribution and conversion, Schwartz directly holds 52,551.17 shares of Redwood Trust common stock. No open-market purchases or sales were reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
20,729 shares exercised/converted
Exercise
2 txns
Insider
Schwartz Faith A
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 |
Holdings After Transaction:
Deferred Stock Units — 0 contracts (Direct);
Common Stock — 52,551.17 shares (Direct)
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 converted: 20,729 units
Common shares received: 20,729 shares
Grant-date fair value per unit: $6.03 per unit
+2 more
5 metrics
Deferred Stock Units converted
20,729 units
Converted to common stock on May 26, 2026
Common shares received
20,729 shares
Issued upon conversion of Deferred Stock Units
Grant-date fair value per unit
$6.03 per unit
Original fair value of Deferred Stock Units
Fair market value per share
$5.28 per share
Common stock value on transaction date
Shares held after transaction
52,551.17 shares
Direct Redwood Trust common stock holdings
Key Terms
Deferred Stock Units, Executive Deferred Compensation Plan, fair market value, grant date fair market value
4 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 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."
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.
grant date fair market value financial
"Represents fair value of Deferred Stock Units, based on the original grant date fair market value."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Redwood Trust (RWT) director Faith A. Schwartz report?
Faith A. Schwartz reported converting 20,729 Deferred Stock Units into 20,729 shares of Redwood Trust common stock. The transaction occurred under the company’s Executive Deferred Compensation Plan and reflects a compensation-related distribution, not an open-market stock purchase or sale.
What prices are associated with Faith A. Schwartz’s Redwood Trust (RWT) deferred stock transaction?
The Deferred Stock Units carried an original grant-date fair value of $6.03 per unit. The resulting common stock distribution is shown at a fair market value of $5.28 per share on the May 26, 2026 transaction date in the Form 4 footnotes.
What is the Executive Deferred Compensation Plan mentioned in Redwood Trust (RWT) Form 4?
The Executive Deferred Compensation Plan allows awards such as Deferred Stock Units to be converted into common stock at specified times. Schwartz’s Form 4 notes a mandatory holding period, with units delivered according to the grant agreement’s schedule and plan terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
