Redwood Trust, Inc. 9.500% Senior Notes Due 2030 Form 4 Filings

Redwood Trust Inc. (RWT) director Horvath D. Debora acquired 15,058.77 deferred stock units on September 30, 2026, through a deferral election related to director compensation and/or dividend equivalent rights under the Amended and Restated Executive Deferred Compensation Plan. The units were 100% vested at grant, and the reported post-transaction balance was 15,058.77 deferred stock units.

REDWOOD TRUST INC (RWT) reported that Chief Human Resource Officer Sasha G. Macomber purchased 4,895 shares of common stock on September 21, 2026 at $4.0792 per share in a direct open-market or private transaction, bringing her direct common stock holdings to 95,298 shares.

Macomber also holds several grants of Deferred Stock Units, each settling into common stock at exercise prices between $5.63 and $7.79 per share, covering underlying common shares ranging from about 38,000 to 48,000 per grant, with vesting in installments through late 2029. No Rule 10b5-1 trading plan is reported.

REDWOOD TRUST INC (RWT) reports that Chief Legal Officer Andrew P. Stone purchased 5,000 shares of Common Stock on September 21, 2026 at $4.1187 per share, bringing his direct holdings to 183,631 shares. He also holds several grants of Deferred Stock Units that are settled in Common Stock, with grant date fair values ranging from $5.63 to $7.79 per underlying share and long-term vesting schedules; these DSUs have no expiration date. No Rule 10b5-1 trading plan is reported for this purchase.

REDWOOD TRUST INC (RWT) Chief Executive Officer and director Christopher J. Abate reported an amended Form 4 reflecting a direct open-market purchase of 100,000 shares of common stock on September 15, 2026 at $3.839 per share, bringing his directly held common shares to 679,283. The amendment clarifies that these shares were directly owned by Mr. Abate at the time of the transaction. He also reports outstanding Deferred Stock Units convertible into common stock at exercise prices of $5.63, $6.64, and $7.79 with underlying shares of 115,896, 98,268, and 118,421 respectively, granted at fair market value under the 2014 Incentive Award Plan and subject to multi-year vesting schedules; no expiration date applies to these DSUs. No Rule 10b5-1 trading plan is indicated.

REDWOOD TRUST INC (RWT) director Greg H. Kubicek reported purchasing 50,000 shares of common stock on September 15, 2026, in an open-market or private transaction at $3.8512 per share, held indirectly through a trust. After this purchase, the trust holds 127,184.66 shares, in addition to other direct and indirect holdings reported for Kubicek. No Rule 10b5-1 trading plan is reported for this transaction.

REDWOOD TRUST INC (RWT) Chief Executive Officer and director Christopher J. Abate reported an open‑market purchase of 100,000 shares of common stock on September 15, 2026 at $3.839 per share, held indirectly by a trust, bringing his indirect common‑stock holdings to 679,283 shares. He also reported deferred stock unit awards convertible into 115,896, 98,268 and 118,421 shares of common stock at grant‑date fair values of $5.63, $6.64 and $7.79 per underlying share, which vest in tranches between 2025 and 2029, and no Rule 10b5‑1 trading plan is reported.

Redwood Trust, Inc. director Damon K. Doneene exercised deferred compensation awards by converting 4,975 Deferred Stock Units into the same number of shares of common stock on June 30, 2026. These units arose from director compensation and related dividend equivalent rights under the company’s Executive Deferred Compensation Plan.

Following this conversion, Doneene directly holds 7,455 shares of common stock, and no Deferred Stock Units remain outstanding in this filing. The transaction reflects a scheduled distribution after a mandatory holding period rather than an open-market purchase or sale.

Redwood Trust Inc. director Debora D. Horvath received a grant of 11,739.17 Deferred Stock Units as part of her director compensation. These units were acquired at a stated price of $0.00 per unit and are fully vested at grant. Each Deferred Stock Unit represents the right to receive an equivalent number of shares of Redwood Trust common stock in the future, in line with Horvath’s deferral election and the company’s Amended and Restated Executive Deferred Compensation Plan. Following this award, her reported holdings in these Deferred Stock Units total 11,739.17 units, reflecting compensation rather than an open-market purchase or sale.

KUBICEK GREG H reported acquisition or exercise transactions in this Form 4 filing.

Redwood Trust director Greg H. Kubicek received a grant of 22,072.23 Deferred Stock Units tied to company common stock. The award was made as part of his director compensation deferral election under Redwood Trust Inc.’s Amended and Restated Executive Deferred Compensation Plan.

The Deferred Stock Units are fully vested at grant and have no expiration date, meaning Kubicek’s right to receive the underlying common shares under the plan is immediately earned and does not lapse over time.

REDWOOD TRUST INC director Debora D. Horvath exercised deferred stock units into common stock as part of her director compensation plan. She converted 7,259 Deferred Stock Units into 7,259 shares of common stock in accordance with her prior deferral election under the Amended and Restated Executive Deferred Compensation Plan.

The units were distributed based on the fair market value of Redwood Trust common stock on the transaction date, with the related non-derivative entry showing a reference price of $4.73 per share. Following the conversion, she holds 156,295 common shares indirectly through a trust and 9,568.49 common shares indirectly in an IRA, while the reported Deferred Stock Units balance is now zero after the mandatory holding period ended and distribution occurred.

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.

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.

REDWOOD TRUST INC director Armando Falcon exercised deferred compensation awards into common stock. On 2026-05-26, he converted 20,729 Deferred Stock Units into the same number of shares of common stock under the Executive Deferred Compensation Plan.

The filing shows this as an exercise or conversion of a derivative security, not an open-market purchase or sale. After the transaction, Falcon directly holds 52,551.17 shares of common stock, and no Deferred Stock Units remain outstanding from this award, reflecting routine delivery of previously deferred equity compensation.

Redwood Trust director Debora D. Horvath reported compensation-related share activity involving deferred stock units and indirect holdings. She exercised or converted 20,729 Deferred Stock Units into an equal number of shares of common stock under the Executive Deferred Compensation Plan, with no open-market purchase or sale reported.

After the conversion, 149,036.19 shares of common stock were held indirectly through a trust, and 9,568.49 shares were held indirectly in an IRA. The footnotes state the deferred units were subject to a mandatory holding period and are being delivered at the time specified in the grant agreement.

Debora Horvath D reported acquisition or exercise transactions in this Form 4 filing.

REDWOOD TRUST INC director Debora Horvath received a grant of 24,809 Deferred Stock Units as equity compensation. The units are fully vested at grant and are based on the fair market value of Redwood Trust common stock on the grant date under the 2014 Incentive Award Plan. Each unit represents the right to receive one share of common stock, subject to a minimum mandatory holding period. Shares will be delivered according to the deferral election, but no earlier than May 20, 2029, and the deferred stock units have no expiration date.

HANSEN DOUGLAS B reported acquisition or exercise transactions in this Form 4 filing.

Redwood Trust director Douglas B. Hansen received a compensation grant of deferred stock units. On the grant date, he was awarded 24,809 deferred stock units tied to Redwood Trust common stock at a fair market value of $5.24 per share. The units are 100% vested immediately but are subject to a minimum mandatory holding period, with shares to be delivered under his deferral election and not before May 20, 2029. Following this grant, he holds 24,809 deferred stock units directly, with no expiration date applicable to these units.

Redwood Trust Inc. director Greg H. Kubicek received a grant of 24,809 Deferred Stock Units as equity compensation. The units represent the fair market value of Redwood Trust common stock on the grant date under the 2014 Incentive Award Plan and are 100% vested at grant.

The Deferred Stock Units will convert into an equal number of common shares and be delivered after a minimum mandatory holding period, no earlier than May 20, 2029. Following this award, Kubicek holds 24,809 Deferred Stock Units directly, with no expiration date applying to these units.

Schwartz Faith A reported acquisition or exercise transactions in this Form 4 filing.

REDWOOD TRUST INC director Faith A. Schwartz received a grant of 24,809 Deferred Stock Units tied to the company’s common stock. The units were awarded as compensation under the 2014 Incentive Award Plan at a reference fair market value of $5.24 per share on the grant date.

These Deferred Stock Units are 100% vested immediately but are subject to a minimum mandatory holding period. The shares underlying the units will be delivered according to Schwartz’s deferral election, but not earlier than May 20, 2029. After this award, she holds 24,809 Deferred Stock Units directly.

Falcon Armando reported acquisition or exercise transactions in this Form 4 filing.

Redwood Trust director Armando Falcon received a grant of deferred stock units as compensation. He was awarded 24,809 Deferred Stock Units tied to Redwood Trust common stock, at a fair market value of $5.24 per share on the grant date under the 2014 Incentive Award Plan. The award is 100% vested at grant but subject to a minimum mandatory holding period, with shares to be delivered according to his deferral election and not earlier than May 20, 2029. This is a compensation-related equity grant, not an open-market stock purchase or sale.

Damon Doneene K reported acquisition or exercise transactions in this Form 4 filing.

REDWOOD TRUST INC director Damon K. Doneene received a grant of 24,809 Deferred Stock Units tied to the company’s common stock. The award was made at no cash cost to the director and is based on a fair market value of about $5.24 per share on the grant date.

The units were 100% vested at grant but are subject to a minimum mandatory holding period. Shares will be delivered under the deferral election, but not earlier than May 20, 2029. Following this award, the director holds 24,809 Deferred Stock Units representing an equivalent number of common shares.

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. 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 Human Resource Officer Sasha G. Macomber converted Performance Stock Units into common stock as part of compensation. Macomber exercised 8,031 Performance Stock Units into 8,031 shares of common stock under the Executive Deferred Compensation Plan, based on the fair market value on the transaction date.

To cover income tax obligations related to this distribution and conversion, 9,407 Performance Stock Units were withheld in a Compensation Committee–approved tax-withholding transaction, rather than sold in the open market. After these events, Macomber directly holds 90,403 shares of common stock, and no Performance Stock Units from the same original grant date remain outstanding.

Redwood Trust Inc. Chief Financial Officer Brooke Carillo reported routine compensation-related equity transactions involving performance stock units under the Executive Deferred Compensation Plan. On the transaction date, 22,579 underlying shares of common stock were withheld to cover income taxes related to the distribution and/or conversion of Performance Stock Units, as approved by the Compensation Committee.

Carillo then exercised 19,274 Performance Stock Units, converting them into 19,274 shares of common stock. Following this conversion, no Performance Stock Units from the same original grant date remain beneficially owned, and direct holdings of Redwood Trust common stock increased to 114,416 shares. The filing reflects non-market transactions tied to previously granted equity awards rather than open-market buying or selling.

REDWOOD TRUST INC President Dashiell I. Robinson reported compensation-related stock activity involving Performance Stock Units and common stock. He exercised 20,880 Performance Stock Units into 20,880 shares of common stock, reflecting a value of $5.97 per share based on the fair market value on the transaction date.

Separately, 24,461 Performance Stock Units were withheld as a tax-withholding disposition approved by the Compensation Committee in connection with this distribution and conversion under the Executive Deferred Compensation Plan, rather than an open-market sale. Following these transactions, Robinson holds 331,839 shares of common stock directly, and no Performance Stock Units with the same original grant date remain beneficially owned.

Redwood Trust CEO Christopher J. Abate reported routine compensation-related transactions involving Performance Stock Units under an Executive Deferred Compensation Plan. On April 14, 2026, 51,396 Performance Stock Units were exercised and converted into 51,396 shares of common stock.

To cover income tax obligations from this distribution and/or conversion, 60,212 underlying shares were disposed of through a Compensation Committee–approved tax-withholding transaction. The remaining 51,396 common shares were credited to an indirect holding "by Trust," bringing that trust’s common stock position to 579,283 shares. Following these transactions, no Performance Stock Units from the same original grant date remain outstanding.

Redwood Trust Inc. director Greg H. Kubicek received 18,529.880 deferred stock units as part of his director compensation deferral. The award was granted on March 31, 2026 under Redwood Trust’s Amended and Restated Executive Deferred Compensation Plan, is 100% vested at grant, and represents an equivalent number of underlying common shares at a conversion price of $5.38 per share. The filing shows Kubicek directly holds 18,529.880 deferred stock units after this transaction.

REDWOOD TRUST INC director Debora Horvath received a grant of deferred stock units as part of director compensation. She was awarded 10,961.73 Deferred Stock Units relating to a deferral election for director compensation and/or dividend equivalent rights under the company’s Amended and Restated Executive Deferred Compensation Plan.

The units are 100% vested at grant and have no expiration date. They are tied to an underlying 10,961.73 shares of Common Stock at a conversion price of $5.38 per share, providing equity-based compensation without an immediate cash transaction.

Redwood Trust Inc reported an insider equity award where a director acquired deferred stock units instead of taking cash compensation. On 12/30/2025, the director received 10,382.76 deferred stock units, each tied to an equal number of shares of Redwood Trust common stock, under the Redwood Trust Inc. Amended and Restated Executive Deferred Compensation Plan.

The filing states that these deferred stock units were granted in accordance with a deferral election related to director compensation and/or dividend equivalent rights. The units are 100% vested at grant and have no expiration date. Following this transaction, the director beneficially owns 34,018.76 deferred stock units on a direct basis.

Redwood Trust Inc. reported that one of its directors acquired deferred stock units tied to the company’s common stock as part of director compensation. On 12/30/2025, the director received 4,353.26 deferred stock units with a conversion or exercise price of $5.5 per unit under the Redwood Trust Inc. Amended and Restated Executive Deferred Compensation Plan. These units were granted in accordance with a prior deferral election for director compensation and dividend equivalent rights, are 100% vested at grant, and have no expiration date. Following this transaction, the director beneficially owns 27,989.26 deferred stock units on a direct basis.

Redwood Trust Inc. reported a director equity compensation transaction involving deferred stock units. On 12/30/2025, the reporting person acquired 17,551.19 deferred stock units under the Redwood Trust Inc. Amended and Restated Executive Deferred Compensation Plan, tied to a deferral election for director compensation and dividend equivalent rights. Each deferred stock unit is linked to one share of Redwood Trust common stock at a conversion price of $5.5 per share.

Following this grant, the reporting person beneficially owns 41,187.19 deferred stock units on a direct basis. The units are 100% vested at grant and have no expiration date, meaning they represent fully vested, share-linked compensation to be settled in accordance with the plan’s terms.

Redwood Trust Inc. reported an insider equity transaction by its Chief Human Resource Officer, who filed individually. On 12/24/2025, the officer acquired 13,131 shares of common stock through the conversion of Deferred Stock Units under the Executive Deferred Compensation Plan at a value of $5.49 per share, bringing direct beneficial ownership to 82,372 shares.

The related derivative activity involved Deferred Stock Units with an exercise price reference of $13.18. A portion of units, totaling 15,321, was disposed of to cover tax liabilities tied to the distribution and/or conversion, while other Deferred Stock Units were converted into common stock with no cash exercise price. After these transactions, no Deferred Stock Units with the same original grant date remain beneficially owned.

Redwood Trust, Inc. reported an insider equity transaction by its Chief Legal Officer. On 12/24/2025, the officer converted 13,131 Deferred Stock Units into the same number of shares of common stock, valued at $5.49 per share based on the fair market value on the transaction date. After this conversion, the officer beneficially owned 170,600 shares of Redwood Trust common stock directly.

The filing also shows activity in the related Deferred Stock Units. Some units were disposed of in a transaction approved by the Compensation Committee to withhold securities for tax payments tied to the distribution and conversion under the Executive Deferred Compensation Plan. Following these transactions, no Deferred Stock Units with the same original grant date remain beneficially owned, reflecting the full settlement of that particular deferral grant.

Redwood Trust, Inc. insider equity activity: A director and President of Redwood Trust (RWT) reported equity transactions tied to the company’s Executive Deferred Compensation Plan on 12/24/2025. The filing shows the conversion of 39,392 Deferred Stock Units into the same number of shares of common stock at an exercise price of $0.0, reflecting the plan’s terms rather than an open-market purchase. The common stock is shown with a value of $5.49 per share for this conversion, and the insider’s directly held common stock increased to 310,959 shares after the transaction. The filing also records the withholding and disposition of 45,964 Deferred Stock Units to satisfy tax obligations related to these plan distributions, and notes that no Deferred Stock Units with this original grant date remain beneficially owned.

Redwood Trust Inc. Chief Financial Officer reported equity transactions involving Deferred Stock Units tied to company common stock. On 12/24/2025, the officer converted deferred stock units into 24,073 shares of Redwood Trust common stock at a value of $5.49 per share, as shown in the non-derivative table.

The filing also reports activity in deferred stock units with a referenced fair value of $13.18 per unit, including a disposition approved by the Compensation Committee to withhold securities to cover tax liabilities related to the distribution and/or conversion. Following these transactions, the officer reports that no other deferred stock units with the same original grant date are beneficially owned.

Redwood Trust, Inc. (RWT) reported an insider equity transaction by its Chief Executive Officer and Director involving Deferred Stock Units under the Executive Deferred Compensation Plan. On 12/24/2025, 52,523 Deferred Stock Units were converted to the same number of shares of common stock, shown as an acquisition at a value of $5.49 per share. Part of the Deferred Stock Units, totaling 61,285 units, was withheld to cover tax liabilities related to the distribution and conversion, as approved by the Compensation Committee.

After these transactions, 527,887 shares of Redwood Trust common stock are reported as beneficially owned indirectly through a trust, and no Deferred Stock Units with the same original grant date remain outstanding.