TWO HARBORS INVESTMENT CORP. (TWO) reported that Chief Investment Officer Nicholas Letica had equity awards settle and shares cancelled in connection with the closing of the CCM Merger. On August 25, 2026, he was deemed to receive 297,105 shares of common stock upon vesting of performance share units granted under the 2021 Equity Incentive Plan. At the merger effective time, each outstanding share of TWO common stock, including these and restricted stock units, was automatically cancelled and converted into the right to receive $12.00 in cash per share under the CCM Merger Agreement, resulting in a disposition to the issuer of 615,339 shares.
For TWO HARBORS INVESTMENT CORP. (TWO), executive officer Nathan Boucher reported two equity transactions in common stock on 2026-08-25. He received 20,893 shares from the vesting of performance share units granted under the 2021 Equity Incentive Plan. On the same date, 48,142 shares of common stock were cancelled in a disposition to the issuer in connection with the merger of Two Harbors into an affiliate of CrossCountry Intermediate Holdco, LLC, with each cancelled share converted into the right to receive $12.00 in cash under the CCM Merger Agreement.
TWO HARBORS INVESTMENT CORP. (TWO) reported insider equity activity by James D. Campbell, EVP Servicing Ops RoundPoint. Campbell was deemed to receive 18,993 shares of common stock upon vesting of performance share units granted under the 2021 Equity Incentive Plan. In connection with the closing of the CCM Merger, 56,049 shares of TWO common stock held by Campbell were automatically cancelled and converted into the right to receive $12.00 in cash per share, including shares underlying restricted stock units and performance share units, pursuant to the CCM Merger Agreement.
Two Harbors Investment Corp. (TWO) reports that Chief Financial Officer William Dellal disposed of 83,388 shares of common stock in a transaction coded as a disposition to issuer in connection with the closing of a merger. Under the CCM Merger Agreement, each share of TWO common stock outstanding at the merger’s Effective Time was automatically cancelled and converted into the right to receive $12.00 in cash, and all TWO restricted stock units were similarly cancelled for the same cash consideration per underlying share. Following this transaction, Dellal reported 0 shares of TWO common stock held directly.
TWO HARBORS INVESTMENT CORP. (TWO) reported that Chief Accounting Officer Jillian Halm disposed of 18,833 shares of common stock in a disposition to the issuer on 2026-08-25 at $12.00 per share. The transaction occurred in connection with the CCM Merger, in which each share of TWO common stock was cancelled and converted into the right to receive $12.00 in cash, and each restricted stock unit was similarly cancelled for the same cash consideration. Following this transaction, Halm reported 0 shares of directly held common stock.
TWO HARBORS INVESTMENT CORP. (TWO) director Hope B. Woodhouse reported a disposition of common stock in connection with the completion of the CCM Merger. On 2026-08-25, 56,444 shares of TWO common stock held directly were disposed of to the issuer at $12.00 per share, and her reported direct holdings became 0 shares. The transaction reflects that, at the Effective Time of the merger with CrossCountry Intermediate Holdco, LLC and its subsidiary, each outstanding TWO share was automatically cancelled and converted into the right to receive $12.00 in cash.
TWO HARBORS INVESTMENT CORP. (TWO) reported that director James A. Stern disposed of 64,843 shares of common stock in a transaction coded as a disposition to the issuer. The shares were cancelled at the effective time of a merger in which Two Harbors became a wholly owned subsidiary of CrossCountry Intermediate Holdco, LLC, and each cancelled share was converted into the right to receive $12.00 in cash. Following this merger-related cash-out, Stern reported holding 0 shares of Two Harbors common stock, and the transaction was not reported as made under a Rule 10b5-1 trading plan.
TWO HARBORS INVESTMENT CORP. (TWO) director Karen Hammond reported a disposition of common stock in connection with the closing of the merger of Two Harbors with CrossCountry Merger Corp., a subsidiary of CrossCountry Intermediate Holdco, LLC. At the merger’s effective time, her 59,097 shares of common stock were automatically cancelled and converted into the right to receive $12.00 in cash per share, reducing her reported direct holdings of Two Harbors common stock to 0 shares.
TWO HARBORS INVESTMENT CORP. (TWO) reported that director Sanjiv Das disposed of his common stock in connection with a merger transaction. At the effective time of the CCM Merger, each outstanding share of TWO common stock was automatically cancelled and converted into the right to receive $12.00 in cash. This included 20,410 shares held by Mr. Das, reported as a disposition to the issuer at $12.00 per share, leaving him with 0 shares of TWO common stock following the transaction.
TWO HARBORS INVESTMENT CORP. (TWO) director James J. Bender reported a disposition of common stock in connection with the completion of a merger. On 2026-08-25, 47,166 shares of common stock were cancelled and converted into the right to receive $12.00 in cash per share when Two Harbors became a wholly owned subsidiary of CrossCountry Intermediate Holdco, LLC. Following this transaction, Bender reported holding no shares of Two Harbors common stock.