Welcome to our dedicated page for Two Harbors SEC filings (Ticker: TWOD), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Two Harbors Investment Corp.'s 9.375% Senior Notes due 2030 filings document formal disclosures tied to the issuer and its listed debt security. The 8-K record covers material-event reports, material agreements, shareholder voting matters, governance updates, capital-structure disclosures, and operating and financial results relevant to the company behind TWOD.
Two Harbors Investment Corp. is asking stockholders to approve a stock‑for‑stock merger with UWMC, where each share of TWO common stock will be converted into 2.3328 shares of UWMC Class A common stock. Based on the record date share count, about 245,044,748 UWMC Class A shares are expected to be issued.
Two Harbors’ preferred shares will convert into newly created UWMC preferred series on a one‑for‑one basis, preserving dividend rates. After closing, former Two Harbors common holders are expected to own about 13% of UWMC on a fully diluted basis, while an existing UWMC holder, SFS Holdings Corp., will retain roughly 79% of total voting power. The special meeting will be held virtually on March 16, 2026, and the board unanimously recommends voting FOR the merger and related proposals. The deal includes a $25.4 million termination fee in certain circumstances, no appraisal rights for TWO holders, and is intended to be tax‑free as a reorganization under Section 368(a).
Two Harbors Investment Corp. is asking stockholders to approve a stock‑for‑stock merger with UWMC, where each share of TWO common stock will be converted into 2.3328 shares of UWMC Class A common stock. Based on the record date share count, about 245,044,748 UWMC Class A shares are expected to be issued.
Two Harbors’ preferred shares will convert into newly created UWMC preferred series on a one‑for‑one basis, preserving dividend rates. After closing, former Two Harbors common holders are expected to own about 13% of UWMC on a fully diluted basis, while an existing UWMC holder, SFS Holdings Corp., will retain roughly 79% of total voting power. The special meeting will be held virtually on March 16, 2026, and the board unanimously recommends voting FOR the merger and related proposals. The deal includes a $25.4 million termination fee in certain circumstances, no appraisal rights for TWO holders, and is intended to be tax‑free as a reorganization under Section 368(a).
Two Harbors Investment Corp. filed a current report to furnish its financial results for the fiscal quarter ended December 31, 2025. The company issued a press release and a 2025 Fourth Quarter Earnings Call Presentation, which are attached as Exhibits 99.1 and 99.2 and incorporated by reference.
The filing also includes extensive forward-looking statements related to a proposed acquisition between Two Harbors and another holding corporation, describing expected benefits, integration plans, issuance of common and preferred stock, and the use of a Form S-4 registration statement and proxy statement/prospectus. Investors are directed to review the registration statement and related proxy materials on the SEC’s website and the companies’ investor relations sites for detailed information on the transaction and the associated stockholder vote.
Two Harbors Investment Corp. filed a current report to furnish its financial results for the fiscal quarter ended December 31, 2025. The company issued a press release and a 2025 Fourth Quarter Earnings Call Presentation, which are attached as Exhibits 99.1 and 99.2 and incorporated by reference.
The filing also includes extensive forward-looking statements related to a proposed acquisition between Two Harbors and another holding corporation, describing expected benefits, integration plans, issuance of common and preferred stock, and the use of a Form S-4 registration statement and proxy statement/prospectus. Investors are directed to review the registration statement and related proxy materials on the SEC’s website and the companies’ investor relations sites for detailed information on the transaction and the associated stockholder vote.
Two Harbors Investment Corp.'s Chief Accounting Officer, Jillian Halm, reported a stock award vesting and a related share sale. On January 12, 2026, she acquired 1,847 shares of common stock at $0 per share, representing shares received upon vesting of previously granted performance share units under the company plan. On the same date, she sold 1,744 shares at a weighted average price of $12.25 per share, with individual sale prices ranging from $12.23 to $12.30, to cover income tax liabilities from the vesting of restricted and performance share units.
The sale was executed under pre-set trading instructions established on February 17, 2021 in accordance with Rule 10b5-1. After these transactions, she directly owned 19,212 shares of Two Harbors common stock.
Two Harbors Investment Corp.'s Chief Accounting Officer, Jillian Halm, reported a stock award vesting and a related share sale. On January 12, 2026, she acquired 1,847 shares of common stock at $0 per share, representing shares received upon vesting of previously granted performance share units under the company plan. On the same date, she sold 1,744 shares at a weighted average price of $12.25 per share, with individual sale prices ranging from $12.23 to $12.30, to cover income tax liabilities from the vesting of restricted and performance share units.
The sale was executed under pre-set trading instructions established on February 17, 2021 in accordance with Rule 10b5-1. After these transactions, she directly owned 19,212 shares of Two Harbors common stock.
Two Harbors Investment Corp. executive reports small stock sale under 10b5-1 plan. EVP Servicing Ops RoundPoint James D. Campbell reported selling 1,692 shares of Two Harbors common stock on 01/12/2026 at $12.39 per share. According to the disclosure, the shares were sold to cover income tax liabilities triggered by the vesting of previously granted restricted stock units, rather than as a discretionary sale. After this transaction, Campbell directly beneficially owns 37,056 shares of the company’s common stock. The filing notes that the sale was effected under trading instructions given on January 29, 2025 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.
Two Harbors Investment Corp. executive reports small stock sale under 10b5-1 plan. EVP Servicing Ops RoundPoint James D. Campbell reported selling 1,692 shares of Two Harbors common stock on 01/12/2026 at $12.39 per share. According to the disclosure, the shares were sold to cover income tax liabilities triggered by the vesting of previously granted restricted stock units, rather than as a discretionary sale. After this transaction, Campbell directly beneficially owns 37,056 shares of the company’s common stock. The filing notes that the sale was effected under trading instructions given on January 29, 2025 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.
Two Harbors Investment Corp. executive reports small share sales to cover taxes. EVP and General Counsel RoundPoint Nathan Boucher reported selling 601 shares of Two Harbors common stock on January 9, 2026 at $12.37 per share and 666 shares on January 12, 2026 at $12.25 per share. These transactions were made to satisfy income tax liabilities arising from the vesting of previously granted restricted stock units and were carried out under pre-established trading instructions pursuant to Rule 10b5-1. Following these sales, Boucher directly beneficially owns 27,249 shares of Two Harbors common stock.
Two Harbors Investment Corp. executive reports small share sales to cover taxes. EVP and General Counsel RoundPoint Nathan Boucher reported selling 601 shares of Two Harbors common stock on January 9, 2026 at $12.37 per share and 666 shares on January 12, 2026 at $12.25 per share. These transactions were made to satisfy income tax liabilities arising from the vesting of previously granted restricted stock units and were carried out under pre-established trading instructions pursuant to Rule 10b5-1. Following these sales, Boucher directly beneficially owns 27,249 shares of Two Harbors common stock.
Two Harbors Investment Corp. reported an equity grant to its Chief Legal Officer, Rebecca B. Sandberg. On January 7, 2026, she received 81,699 shares of common stock in the form of restricted stock units under the company’s 2021 Equity Incentive Plan, at a grant price of $0 per share as compensation rather than a cash purchase. Following this grant, she beneficially owns 238,417 shares of common stock.
The RSUs will convert into common shares in three equal installments that are scheduled to vest on January 7, 2027, 2028 and 2029, subject to certain exceptions. This filing reflects a routine equity award to a senior executive and not an open-market stock sale or purchase.
Two Harbors Investment Corp. reported an equity grant to its Chief Legal Officer, Rebecca B. Sandberg. On January 7, 2026, she received 81,699 shares of common stock in the form of restricted stock units under the company’s 2021 Equity Incentive Plan, at a grant price of $0 per share as compensation rather than a cash purchase. Following this grant, she beneficially owns 238,417 shares of common stock.
The RSUs will convert into common shares in three equal installments that are scheduled to vest on January 7, 2027, 2028 and 2029, subject to certain exceptions. This filing reflects a routine equity award to a senior executive and not an open-market stock sale or purchase.
Two Harbors Investment Corp. reported an equity award to its Chief Risk Officer, Robert Rush. He received 44,351 restricted stock units (RSUs) of common stock, par value $0.01 per share, as a grant for no cash consideration under the company’s 2021 Equity Incentive Plan.
The common shares underlying these RSUs will vest in three equal installments on January 7, 2027, 2028 and 2029, subject to certain exceptions. Following this grant, Rush beneficially owns 142,558 shares of the company’s common stock in direct ownership.
Two Harbors Investment Corp. reported an equity award to its Chief Risk Officer, Robert Rush. He received 44,351 restricted stock units (RSUs) of common stock, par value $0.01 per share, as a grant for no cash consideration under the company’s 2021 Equity Incentive Plan.
The common shares underlying these RSUs will vest in three equal installments on January 7, 2027, 2028 and 2029, subject to certain exceptions. Following this grant, Rush beneficially owns 142,558 shares of the company’s common stock in direct ownership.
Two Harbors Investment Corp. reported an equity compensation grant to its Chief Investment Officer, Nicholas Letica. On January 7, 2026, he was awarded 151,727 shares of common stock in the form of restricted stock units under the company’s 2021 Equity Incentive Plan, received as a grant for no cash consideration. The RSUs are scheduled to vest in three equal installments on January 7, 2027, 2028 and 2029, if the applicable conditions are met. Following this award, Letica beneficially owns 318,234 shares of Two Harbors common stock directly.
Two Harbors Investment Corp. reported an equity compensation grant to its Chief Investment Officer, Nicholas Letica. On January 7, 2026, he was awarded 151,727 shares of common stock in the form of restricted stock units under the company’s 2021 Equity Incentive Plan, received as a grant for no cash consideration. The RSUs are scheduled to vest in three equal installments on January 7, 2027, 2028 and 2029, if the applicable conditions are met. Following this award, Letica beneficially owns 318,234 shares of Two Harbors common stock directly.
Two Harbors Investment Corp. Chief Administrative Officer Alecia Hanson received a grant of 32,679 shares of common stock in the form of restricted stock units under the company’s 2021 Equity Incentive Plan. The grant was awarded for no cash consideration and increased her beneficial ownership to 77,967 shares held directly.
The RSUs are scheduled to vest in three equal installments on January 7, 2027, January 7, 2028 and January 7, 2029, subject to certain exceptions. This structure ties a portion of the executive’s compensation to the company’s long-term performance and ongoing service over the multi-year vesting period.
Two Harbors Investment Corp. Chief Administrative Officer Alecia Hanson received a grant of 32,679 shares of common stock in the form of restricted stock units under the company’s 2021 Equity Incentive Plan. The grant was awarded for no cash consideration and increased her beneficial ownership to 77,967 shares held directly.
The RSUs are scheduled to vest in three equal installments on January 7, 2027, January 7, 2028 and January 7, 2029, subject to certain exceptions. This structure ties a portion of the executive’s compensation to the company’s long-term performance and ongoing service over the multi-year vesting period.
Two Harbors Investment Corp. reported an equity grant to its Chief Accounting Officer, Jillian Halm. On January 7, 2026, she was awarded 9,337 shares of common stock in the form of restricted stock units (RSUs) at a price of $0 per share under the company’s 2021 Equity Incentive Plan. After this grant, she beneficially owns 19,109 shares of common stock.
The RSUs were granted for no cash consideration and are designed to vest over time. The underlying common stock will vest in three equal installments on January 7, 2027, 2028 and 2029, subject to certain exceptions. This structure ties a portion of the officer’s compensation to the company’s long-term performance and continued service.
Two Harbors Investment Corp. reported an equity grant to its Chief Accounting Officer, Jillian Halm. On January 7, 2026, she was awarded 9,337 shares of common stock in the form of restricted stock units (RSUs) at a price of $0 per share under the company’s 2021 Equity Incentive Plan. After this grant, she beneficially owns 19,109 shares of common stock.
The RSUs were granted for no cash consideration and are designed to vest over time. The underlying common stock will vest in three equal installments on January 7, 2027, 2028 and 2029, subject to certain exceptions. This structure ties a portion of the officer’s compensation to the company’s long-term performance and continued service.