Welcome to our dedicated page for Redwood Trust SEC filings (Ticker: RWT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Redwood Trust, Inc. filings document the specialty finance company's housing credit platforms, public securities, governance, and recurring capital markets disclosures. Form 8-K reports include operating results, shareholder letters, supplemental financial tables, Regulation FD materials, dividend declarations, dividend tax characterization, and announcements tied to mortgage loan distribution and securitization activity.
Proxy materials cover annual meeting matters, board and executive compensation disclosures, equity awards, and stockholder voting. The filing record also identifies the company's NYSE-listed common stock, Series A fixed-rate reset cumulative redeemable preferred stock, and senior notes due 2029 and 2030, connecting capital structure disclosures with Redwood's mortgage banking and investment portfolio activity.
Redwood Trust, Inc. is registering and may sell up to $175.0 million of common stock from time to time under an amended at‑the‑market (ATM) distribution agreement with BTIG, Citizens JMP Securities, Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and Wells Fargo Securities.
Sales can be made on the NYSE or via privately negotiated transactions, with agent commissions generally not exceeding 2.0% of the gross sales price, and potentially higher if sold as a principal transaction under a separate terms agreement. Redwood’s common stock trades on the NYSE under “RWT”; the last reported sale price was $5.12 per share on November 6, 2025.
Redwood intends to use net proceeds for general corporate purposes, including funding its Sequoia, Aspire and CoreVest mortgage banking platforms, acquiring assets for its Redwood Investments portfolio, and pursuing strategic acquisitions and investments. As a REIT, Redwood’s charter generally limits any holder to 9.8% ownership of any class of stock, subject to board waivers.
Redwood Trust, Inc. reported a net loss of $7.7 million in the quarter ended September 30, 2025, compared with net income of $14.8 million a year earlier, as higher funding costs and negative fair value marks offset solid mortgage banking revenue.
For the first nine months of 2025, Redwood posted a net loss of $90.0 million versus net income of $60.6 million in 2024. Total interest income rose to $856.0 million, but interest expense climbed to $799.2 million, and investment fair value changes swung to a loss of $96.9 million.
The newly separated Legacy Investments segment was a key drag, with a nine‑month loss of $128.3 million and a third‑quarter loss of $22.2 million, reflecting stress in residential investor bridge loans and related assets. Redwood transferred $484 million of legacy bridge loans and REO into a new Legacy Trust, retaining a $182 million subordinate interest and recording a $6 million valuation loss.
By contrast, the core Sequoia and CoreVest mortgage banking segments remained profitable, generating nine‑month contributions of $82.3 million and $12.6 million, respectively. Total assets increased to $22.6 billion, while stockholders’ equity declined to $999.0 million, pressured by losses, common dividends and share repurchases.
Redwood Trust (RWT) expanded its strategic partnership with CPP Investments, extending the joint venture commitment period by 18 months to September 2028 and upsizing its secured revolving financing facility to $400 million from $250 million. The facility’s term now runs until March 2027, with an optional 18‑month extension, at Redwood’s option, to September 2028.
Redwood also amended outstanding CPP Investments warrants, extending the exercise period to September 2030 and resetting the exercise price to $6.96 per share, described as a 20% premium to the trailing 30‑day volume‑weighted average price of Redwood common stock. These changes support additional capital access and align the warrant terms with recent trading levels.
Redwood Trust, Inc. (RWT) furnished materials related to its quarterly results via an 8‑K. The company announced the press release, the Redwood Trust Shareholder Letter – 3rd Quarter 2025, and The Redwood Review – 3rd Quarter 2025 for the quarter ended September 30, 2025 (Exhibits 99.1, 99.2, 99.3).
It also made Supplemental Financial Tables available on its website in Investor Relations under “Financials.” The information in Items 2.02 and 7.01 and the exhibits is furnished, not filed.
Debora Horvath, a director of Redwood Trust, Inc. (RWT), reported the acquisition of 9,613.67 Deferred Stock Units on 09/30/2025 pursuant to her deferral election under the companys Amended and Restated Executive Deferred Compensation Plan. The units have an identified value of $5.76 and are 100% vested at grant. Deferred stock units have no expiration date and convert into 9,613.67 shares of common stock for reporting purposes; the filing shows 9,613.67 shares beneficially owned following the transaction, held directly. The Form 4 was signed by an attorney-in-fact on 10/01/2025.
Proctor Georganne, a director of Redwood Trust Inc. (RWT), acquired 4,030.8 deferred stock units on 09/30/2025 at a recorded unit value of $5.76. These deferred stock units are 100% vested at grant, have no expiration date, and represent an equivalent economic interest in 4,030.8 shares of common stock. The acquisition was made under the Redwood Trust Inc. Amended and Restated Executive Deferred Compensation Plan as part of a deferral election for director compensation and/or dividend equivalent rights. The reported ownership following the transaction is 4,030.8 shares held directly.
Redwood Trust Inc. (RWT) Director Greg H. Kubicek acquired 16,251 Deferred Stock Units on 09/30/2025 under the companys Amended and Restated Executive Deferred Compensation Plan. The units were granted as part of a director compensation deferral election and are 100% vested at grant. Deferred Stock Units have no expiration date and each unit corresponds to one share of common stock upon settlement. Following the transaction Mr. Kubicek beneficially owns 16,251 shares directly.
Redwood Trust, Inc. filed an 8-K disclosing a Regulation FD communication and related exhibits. A press release was issued on September 11, 2025. The filing notes a record date of September 23, 2025 and an action or distribution scheduled for September 30, 2025 to stockholders of record on that date. The cover page references a 10% Series A Fixed-Rate Reset Cumulative Redeemable Preferred Stock with $0.01 par value. The filing is signed by Brooke E. Carillo, Chief Financial Officer.
Redwood Trust, Inc. filed an 8-K dated August 25, 2025, reporting the creation of a direct financial obligation or an off-balance sheet arrangement and providing related exhibits. The filing references Item 2.03 for the creation of the obligation and Item 9.01 for financial statements and exhibits, and lists legal opinion exhibits from Latham & Watkins LLP and Venable LLP along with their consents. The cover page indicates the filing relates to a 10% Series A Fixed-Rate Reset Cumulative Redeemable Preferred Stock, par value $0.01 per share. The document is signed by Brooke E. Carillo, Chief Financial Officer.
Redwood Trust, Inc. is offering $50.0 million aggregate principal amount of 7.75% convertible senior notes due June 15, 2027, as additional notes under an existing indenture such that $247.17 million of existing notes will be outstanding after this offering. The notes carry a 7.75% annual coupon payable semi-annually and were offered at ~99.13194444% including accrued interest for settlement on or about August 25, 2025. As of the prospectus supplement, the conversion rate is 95.6823 shares per $1,000 principal (≈$10.45 per share). Net proceeds are estimated at approximately $49.2 million to be used for general corporate purposes, including funding mortgage banking and investment activities or repayment of indebtedness.