[Form 4] STARWOOD PROPERTY TRUST, INC. Insider Trading Activity

Rhea-AI Filing Summary

Solomon J. Kumin, a director of Starwood Property Trust, Inc. (STWD), reported an acquisition of 7,744 restricted shares of the issuer's common stock on 09/30/2025. The Form 4 shows these shares were granted under the Starwood Property Trust, Inc. 2022 Equity Plan and will vest on 09/30/2026. After the reported transaction, Mr. Kumin beneficially owned 72,137 shares. The filing was signed by an attorney-in-fact on 10/02/2025. The Form identifies the filing as a single reporting person report and marks the reporting person as a director.

Positive

• 7,744 restricted shares granted to a director, aligning management incentives with shareholders
• Grant administered under the Starwood Property Trust, Inc. 2022 Equity Plan, indicating plan governance

Negative

• None.

Insights

Corporate Governance Analyst

Director received restricted shares under the 2022 Equity Plan; vesting set for 09/30/2026.

The Form 4 records a non‑derivative grant of 7,744 restricted common shares to Solomon J. Kumin on 09/30/2025, increasing his reported beneficial ownership to 72,137 shares. This is a standard equity‑based compensation disclosure required by Section 16 rules.

The filing explicitly states the grant is governed by the Starwood Property Trust, Inc. 2022 Equity Plan and that the shares vest on 09/30/2026. The record shows no sales or derivative transactions; it documents a straightforward grant and future vesting schedule.

Compensation & Equity Specialist

Grant is restricted stock with delayed vesting, typical for director compensation.

The disclosure lists the instrument as restricted common stock (non‑derivative), acquired on 09/30/2025, with an explicit vesting date of 09/30/2026. The Form notes the grant was issued under the 2022 Equity Plan, indicating plan‑based governance of awards.

Because the Form reports only the grant and the post‑transaction beneficial ownership (72,137 shares), there are no additional derivative holdings or dispositions disclosed in this filing.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Kumin Solomon J.

(Last) (First) (Middle)

C/O STARWOOD PROPERTY TRUST, INC.

2340 COLLINS AVENUE

(Street)

MIAMI BEACH FL 33139

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
STARWOOD PROPERTY TRUST, INC. [ STWD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/30/2025		A		7,744(1)	A	(2)	72,137	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents restricted shares of the issuer's common stock vesting on September 30, 2026.

2. The issuer granted these shares to Mr. Kumin pursuant to the Starwood Property Trust, Inc. 2022 Equity Plan.

	/s/ Rina Paniry, his attorney-in-fact	10/02/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did STWD director Solomon J. Kumin report on Form 4?

He reported acquisition of 7,744 restricted common shares on 09/30/2025, increasing his beneficial ownership to 72,137 shares.

When do the newly reported shares vest for STWD director Solomon J. Kumin?

The Form 4 states the restricted shares vest on 09/30/2026.

Under what plan were the shares granted to the STWD director?

The shares were granted pursuant to the Starwood Property Trust, Inc. 2022 Equity Plan.

Was the Form 4 filed jointly or by one reporting person for STWD?

The filing indicates it was a Form filed by one reporting person.

Who signed the Form 4 for Solomon J. Kumin and when?

The Form 4 was signed by Rina Paniry, his attorney-in-fact on 10/02/2025.