Redwood Trust, Inc. reported results of its 2026 Annual Meeting of Stockholders. Stockholders approved an amendment to the Company’s 2014 Incentive Award Plan to increase the shares available for issuance by 8,500,000 shares of common stock, expanding the equity pool for employee and director awards.
All eight director nominees were elected to serve until the 2027 annual meeting, each receiving over 78 million votes in favor. Stockholders also ratified the appointment of Grant Thornton LLP as independent registered public accounting firm for the year ending December 31, 2026, with 102,402,420 votes in favor. A non-binding advisory resolution approving named executive officer compensation passed with 77,832,360 votes for.
There were 124,994,931 shares of common stock entitled to vote at the meeting, and each proposal received substantial support, including approval of the incentive plan amendment with 78,222,232 votes for versus 2,587,891 against.
Redwood Trust, Inc. reported results of its 2026 Annual Meeting of Stockholders. Stockholders approved an amendment to the Company’s 2014 Incentive Award Plan to increase the shares available for issuance by 8,500,000 shares of common stock, expanding the equity pool for employee and director awards.
All eight director nominees were elected to serve until the 2027 annual meeting, each receiving over 78 million votes in favor. Stockholders also ratified the appointment of Grant Thornton LLP as independent registered public accounting firm for the year ending December 31, 2026, with 102,402,420 votes in favor. A non-binding advisory resolution approving named executive officer compensation passed with 77,832,360 votes for.
There were 124,994,931 shares of common stock entitled to vote at the meeting, and each proposal received substantial support, including approval of the incentive plan amendment with 78,222,232 votes for versus 2,587,891 against.
Redwood Trust, Inc. is offering senior unsecured notes due June 1, 2031. The notes will accrue interest from May 2026 and pay quarterly beginning September 1, 2026. They rank equal to existing senior unsecured indebtedness and are effectively subordinated to secured debt and structurally subordinated to subsidiary creditors. The indenture permits optional redemption on or after June 1, 2028 at 100% of principal and requires an offer to repurchase upon a Change of Control Repurchase Event at 101% of principal. The notes will be issued in book-entry form, expected to be listed on the NYSE under the symbol RWTS, and will be represented by global certificates held through DTC.
Redwood Trust, Inc. is offering senior unsecured notes due June 1, 2031. The notes will accrue interest from May 2026 and pay quarterly beginning September 1, 2026. They rank equal to existing senior unsecured indebtedness and are effectively subordinated to secured debt and structurally subordinated to subsidiary creditors. The indenture permits optional redemption on or after June 1, 2028 at 100% of principal and requires an offer to repurchase upon a Change of Control Repurchase Event at 101% of principal. The notes will be issued in book-entry form, expected to be listed on the NYSE under the symbol RWTS, and will be represented by global certificates held through DTC.
Redwood Trust, Inc. filing shows Bay Pond Partners, L.P. reports beneficial ownership of 4,500,421 shares of Common Stock, representing 3.60% of the class. The Schedule 13G/A is signed on 05/15/2026 and lists shared voting and shared dispositive power over these shares.
Redwood Trust, Inc. filing shows Bay Pond Partners, L.P. reports beneficial ownership of 4,500,421 shares of Common Stock, representing 3.60% of the class. The Schedule 13G/A is signed on 05/15/2026 and lists shared voting and shared dispositive power over these shares.
Redwood Trust, Inc. reported beneficial ownership disclosures from Wellington-affiliated entities showing a combined 8.84% stake in Common Stock. The filing lists shared voting and dispositive power of 10,634,498 and 11,046,498 shares across Wellington firms and identifies the reporting entities and their relationships.
The Schedule 13G/A amendment is signed by Matthew Revell as Compliance Manager for the four Wellington reporting entities and describes ownership held of record by clients of Wellington investment advisers.
Redwood Trust, Inc. reported beneficial ownership disclosures from Wellington-affiliated entities showing a combined 8.84% stake in Common Stock. The filing lists shared voting and dispositive power of 10,634,498 and 11,046,498 shares across Wellington firms and identifies the reporting entities and their relationships.
The Schedule 13G/A amendment is signed by Matthew Revell as Compliance Manager for the four Wellington reporting entities and describes ownership held of record by clients of Wellington investment advisers.
Redwood Trust, Inc. reported a small net loss for the quarter ended March 31, 2026. The company generated total interest income of $356.9 million, up from $272.1 million a year earlier, but higher interest expense of $322.2 million and fair value losses on investments reduced profitability.
Non‑interest income was $29.2 million, down from $45.9 million, as investment fair value changes turned negative. After operating expenses, Redwood posted a net loss of $5.5 million, versus net income of $16.1 million in the prior‑year quarter, and a basic and diluted loss per common share of $0.07. Total assets increased to $26.8 billion, while equity declined modestly to $956.7 million, reflecting the loss and common and preferred dividends.
Redwood Trust, Inc. reported a small net loss for the quarter ended March 31, 2026. The company generated total interest income of $356.9 million, up from $272.1 million a year earlier, but higher interest expense of $322.2 million and fair value losses on investments reduced profitability.
Non‑interest income was $29.2 million, down from $45.9 million, as investment fair value changes turned negative. After operating expenses, Redwood posted a net loss of $5.5 million, versus net income of $16.1 million in the prior‑year quarter, and a basic and diluted loss per common share of $0.07. Total assets increased to $26.8 billion, while equity declined modestly to $956.7 million, reflecting the loss and common and preferred dividends.
REDWOOD TRUST INC director Debora Horvath converted deferred stock-based compensation into common shares. On May 1, 2026, she exercised and distributed 25,065 Deferred Stock Units into an equal number of Redwood Trust common shares in line with her executive deferred compensation election.
The conversion occurred under the company’s Amended and Restated Executive Deferred Compensation Plan, after a mandatory holding period and based on the fair market value of the stock on the transaction date. Following these transactions, she indirectly holds 128,307 common shares in a trust and 9,568.49 common shares through an IRA.
REDWOOD TRUST INC director Debora Horvath converted deferred stock-based compensation into common shares. On May 1, 2026, she exercised and distributed 25,065 Deferred Stock Units into an equal number of Redwood Trust common shares in line with her executive deferred compensation election.
The conversion occurred under the company’s Amended and Restated Executive Deferred Compensation Plan, after a mandatory holding period and based on the fair market value of the stock on the transaction date. Following these transactions, she indirectly holds 128,307 common shares in a trust and 9,568.49 common shares through an IRA.
Redwood Trust Inc reports a Schedule 13G showing Vanguard Capital Management beneficially owns 6,613,624 shares of Common Stock. The filing states this equals 5.29% of the class and reports 906,334 shares as sole voting power and 6,613,624 as sole dispositive power as of 03/31/2026. The filing is signed on 04/30/2026.
Redwood Trust Inc reports a Schedule 13G showing Vanguard Capital Management beneficially owns 6,613,624 shares of Common Stock. The filing states this equals 5.29% of the class and reports 906,334 shares as sole voting power and 6,613,624 as sole dispositive power as of 03/31/2026. The filing is signed on 04/30/2026.
Redwood Trust, Inc. reported first quarter 2026 results with a GAAP net loss of $7.3 million, or $(0.07) per basic and diluted share, while non-GAAP Earnings Available for Distribution ("EAD") were $27.1 million, or $0.21 per share, covering the $0.18 common dividend. Mortgage banking production reached a record $8.5 billion, up from $7.3 billion in the prior quarter, marking a third consecutive quarterly record.
GAAP book value per common share was $7.12 at March 31, 2026, down from $7.36 at December 31, 2025, producing an economic return on book value of (0.8)%. Sequoia locked $6.5 billion of loans with a 0.96% gain-on-sale margin and sharply lower cost per loan, while Aspire locked $1.6 billion and completed its inaugural SPIRE non-QM securitization of $391 million. CoreVest funded $432 million of loans and posted a segment GAAP net loss of $(3.4) million driven by $5.0 million of organizational restructuring expenses.
Legacy Investments recorded a GAAP net loss of $(13.1) million, and capital allocation to this segment declined to 15% of total invested capital. Unrestricted cash and cash equivalents were $202 million and recourse debt was $4.7 billion at March 31, 2026, with total assets of $26.8 billion.
Redwood Trust, Inc. reported first quarter 2026 results with a GAAP net loss of $7.3 million, or $(0.07) per basic and diluted share, while non-GAAP Earnings Available for Distribution ("EAD") were $27.1 million, or $0.21 per share, covering the $0.18 common dividend. Mortgage banking production reached a record $8.5 billion, up from $7.3 billion in the prior quarter, marking a third consecutive quarterly record.
GAAP book value per common share was $7.12 at March 31, 2026, down from $7.36 at December 31, 2025, producing an economic return on book value of (0.8)%. Sequoia locked $6.5 billion of loans with a 0.96% gain-on-sale margin and sharply lower cost per loan, while Aspire locked $1.6 billion and completed its inaugural SPIRE non-QM securitization of $391 million. CoreVest funded $432 million of loans and posted a segment GAAP net loss of $(3.4) million driven by $5.0 million of organizational restructuring expenses.
Legacy Investments recorded a GAAP net loss of $(13.1) million, and capital allocation to this segment declined to 15% of total invested capital. Unrestricted cash and cash equivalents were $202 million and recourse debt was $4.7 billion at March 31, 2026, with total assets of $26.8 billion.
Redwood Trust, Inc. announced a strategic joint venture with Castlelake, L.P. to purchase up to $8 billion of Sequoia-sourced prime jumbo mortgage loans. The venture can scale further, including acquiring seasoned loans from bank balance sheets.
Under the arrangement, Redwood’s Sequoia platform will source, aggregate and diligence loans that meet defined eligibility criteria, aiming for consistent execution and high-quality asset selection. Sequoia has purchased roughly $100 billion of loans and securitized over $50 billion since inception, while Castlelake has acquired or financed more than $10 billion in residential and commercial loans since 2024 and manages about $36 billion of assets.
Redwood Trust, Inc. announced a strategic joint venture with Castlelake, L.P. to purchase up to $8 billion of Sequoia-sourced prime jumbo mortgage loans. The venture can scale further, including acquiring seasoned loans from bank balance sheets.
Under the arrangement, Redwood’s Sequoia platform will source, aggregate and diligence loans that meet defined eligibility criteria, aiming for consistent execution and high-quality asset selection. Sequoia has purchased roughly $100 billion of loans and securitized over $50 billion since inception, while Castlelake has acquired or financed more than $10 billion in residential and commercial loans since 2024 and manages about $36 billion of assets.
Redwood Trust Inc. Chief Legal Officer Andrew P. Stone converted performance-based equity awards into common stock as part of executive compensation. He exercised 8,031 Performance Stock Units into an equal number of common shares, reflecting previously granted awards.
To cover income tax obligations on this distribution and conversion, 9,407 Performance Stock Units were withheld as a tax-withholding disposition approved by the Compensation Committee, rather than sold on the market. Following these transactions, Stone directly holds 178,631 shares of Redwood Trust common stock, and no Performance Stock Units from this original grant date remain outstanding.
Redwood Trust Inc. Chief Legal Officer Andrew P. Stone converted performance-based equity awards into common stock as part of executive compensation. He exercised 8,031 Performance Stock Units into an equal number of common shares, reflecting previously granted awards.
To cover income tax obligations on this distribution and conversion, 9,407 Performance Stock Units were withheld as a tax-withholding disposition approved by the Compensation Committee, rather than sold on the market. Following these transactions, Stone directly holds 178,631 shares of Redwood Trust common stock, and no Performance Stock Units from this original grant date remain outstanding.