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

Rhea-AI Filing Summary

Fred S. Ridley, a director of Starwood Property Trust, Inc. (STWD), reported a grant of 7,744 restricted shares on 09/30/2025. The Form 4 shows these shares were granted under the Starwood Property Trust, Inc. 2022 Equity Plan and are scheduled to vest on 09/30/2026. Following the reported transaction, Mr. Ridley beneficially owns 51,909 shares. The filing was submitted as a Form 4 by one reporting person and was signed on behalf of Mr. Ridley by his attorney-in-fact on 10/02/2025.

Positive

• 7,744 restricted shares granted to a company director
• Post-transaction beneficial ownership disclosed as 51,909 shares
• Grant issued under the company’s 2022 Equity Plan with a stated 09/30/2026 vesting date

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Director received a restricted share grant of 7,744 shares, vesting one year later.

The filing documents a restricted share grant to Director Fred S. Ridley under the company’s 2022 Equity Plan, with vesting on 09/30/2026. This is an equity compensation action recorded on Form 4 and does not indicate any sale or open-market trading.

The reported post-transaction holding of 51,909 shares provides a clear, stated ownership level for disclosure purposes.

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

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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^*

Ridley Fred S.

(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)	51,909	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. Ridley 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 transaction did STWD director Fred S. Ridley report on Form 4?

Mr. Ridley reported a grant of 7,744 restricted shares on 09/30/2025.

When do the restricted shares granted to Fred S. Ridley vest?

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

How many STWD shares does Fred S. Ridley beneficially own after the reported grant?

The Form 4 discloses a post-transaction beneficial ownership of 51,909 shares.

Under what plan were the shares granted to Mr. Ridley?

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

When was the Form 4 signed and filed for this transaction?

The filing includes a signature by an attorney-in-fact dated 10/02/2025.