Abate Christopher J bought RWT
April 16, 2024 · Form 4 insider transaction
Abate Christopher J bought 99,229 shares of Redwood Trust, Inc. at $5.59 per share, a transaction worth $554.7K. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 2 days after the transaction.
Direction
Acquired (buy-side)
Shares
99,229
Price
$5.59
Total value
$554.7K
InsiderAbate Christopher J
RoleOfficer, Director
CompanyRedwood Trust, Inc. (RWT)
SecurityCommon Stock
Transaction codeM: Option exercise
Transaction dateApril 16, 2024
Filing dateApril 18, 2024
Shares owned after394,729
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
This transaction relates to the distribution and/or conversion of Performance Stock Units to common stock under the Executive Deferred Compensation Plan.; Represents the value (per stock unit or share of common stock) of the distribution and/or conversion of Performance Stock Units to common stock under the Executive Deferred Compensation Plan, based on the fair market value of Redwood Trust, Inc. common stock on the transaction date.