Starwood CEO updates holdings after share distribution
Starwood Property Trust CEO Barry Sternlicht reported updated share holdings following an internal share distribution.
Rhea-AI Filing Summary
Starwood Property Trust CEO Barry Sternlicht reported updated share holdings following an internal share distribution. One entry simply reports a direct holding of 14,407,616 shares of common stock as of June 22, with no buy or sell activity.
A separate entry records an “other” transaction involving 4,182 shares of common stock at a reported price of $0.00, held indirectly through controlled entities, with 3,285,058 shares shown as indirectly held afterward. Footnotes explain these shares were distributed by the company’s external manager to certain affiliated persons and are held by entities controlled by Sternlicht, with beneficial ownership disclaimed except for his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Other: 4,182 shares
Other
2 txns
Insider
STERNLICHT BARRY S
Role
CEO, Chairman of the Board
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 4,182 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 3,285,058 shares (Indirect, By controlled entities);
Common Stock — 14,407,616 shares (Direct)
Footnotes (2)
- F1. Represents shares of the issuer's common stock distributed by SPT Management, LLC, the issuer's external manager (the "Manager"), to certain employees and/or other persons having an affiliation with the Manager.
- F2. Represents securities held by entities directly or indirectly controlled by Mr. Sternlicht, including the Manager, SFIP, LLC and JAWS Capital, LP. Mr. Sternlicht disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.
Key Figures
Direct common shares held: 14,407,616 shares
Indirect common shares held: 3,285,058 shares
Restructuring transaction size: 4,182 shares
+1 more
4 metrics
Direct common shares held
14,407,616 shares
Direct ownership after holding entry on June 22
Indirect common shares held
3,285,058 shares
Indirect ownership through controlled entities after J transaction
Restructuring transaction size
4,182 shares
J-code other acquisition or disposition on June 22
Reported transaction price
$0.00 per share
Price for 4,182-share J-code internal transaction
Key Terms
external manager, beneficial ownership, pecuniary interest, indirectly controlled, +1 more
5 terms
external manager financial
"Represents shares of the issuer's common stock distributed by SPT Management, LLC, the issuer's external manager"
beneficial ownership financial
"Mr. Sternlicht disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein"
indirectly controlled financial
"Represents securities held by entities directly or indirectly controlled by Mr. Sternlicht"
Section 16 regulatory
"shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did STWD CEO Barry Sternlicht report in this Form 4 filing?
Barry Sternlicht reported updated ownership of Starwood Property Trust common stock. One line shows 14,407,616 shares held directly, while another reflects 4,182 shares involved in an “other” transaction through controlled entities, updating his indirect holdings to 3,285,058 shares.
Were there any open-market buys or sells in this STWD Form 4?
The Form 4 shows no open-market purchases or sales. It reports one holding entry for 14,407,616 directly held shares and one “other” transaction coded J for 4,182 shares, related to entity-level restructuring rather than a market trade.
AI-generated analysis. How Rhea-AI works. Not financial advice.
