Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-01

Redwood Trust Inc. (RWT)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$6,131,948
Christopher Abate total, FY2025
21st
CEO pay percentile vs peers
43:1
CEO-to-median pay ratio
96.11%
Say-on-pay support, latest vote
Companies that benchmark against RWT
17 companies name RWT as a compensation peer

Each company listed discloses RWT in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named RWT in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Christopher Abate$975,000$0$3,262,481$0$1,808,016$0$86,451$6,131,948
Chief Executive Officer
Dashiell Robinson890,00002,699,98601,518,563079,6505,188,199
President
Brooke Carillo860,00002,624,98401,498,550077,8505,061,384
Chief Financial Officer and Executive Vice President
Sasha Macomber525,00001,124,9900746,484057,7512,454,225
Chief Human Resource Officer
Andrew Stone525,00001,124,9900746,484034,7502,431,224
Executive Vice President, Chief Legal Officer and Secretary

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Christopher Abate$6,131,948$6,968,607$7,021,779−836,659
Dashiell Robinson5,188,1995,975,7136,112,358−787,514
Brooke Carillo5,061,3845,746,9759,099,270−685,591
Sasha Macomber2,454,2252,749,3432,467,489−295,118
Andrew Stone2,431,2242,733,8432,667,156−302,619

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Horvath D. DeboraDirector2026-03-31A10,961.73$0$0Derivative, Class A CommonForm 4 ↗
Georganne C. ProctorDirector2026-03-31A4,595.9600Derivative, Class A CommonForm 4 ↗
Greg H. KubicekDirector2026-03-31A18,529.8800Derivative, Class A CommonForm 4 ↗
Dashiell I. RobinsonDirector2026-04-14D24,46100Derivative, Class A CommonForm 4 ↗
Andrew StoneChief Legal Officer2026-04-14D9,40700Derivative, Class A CommonForm 4 ↗
Andrew StoneChief Legal Officer2026-04-14A8,031647,945CommonForm 4 ↗
Brooke CarilloChief Financial Officer2026-04-14A19,2746115,066CommonForm 4 ↗
Dashiell I. RobinsonDirector2026-04-14A20,8806124,654CommonForm 4 ↗
Christopher J. AbateDirector2026-04-14D51,39600Derivative, Class A CommonForm 4 ↗
Brooke CarilloChief Financial Officer2026-04-14D19,27400Derivative, Class A CommonForm 4 ↗
Dashiell I. RobinsonDirector2026-04-14D20,88000Derivative, Class A CommonForm 4 ↗
Andrew StoneChief Legal Officer2026-04-14D8,03100Derivative, Class A CommonForm 4 ↗
Sasha MacomberChief Human Resource Officer2026-04-14A8,031647,945CommonForm 4 ↗
Christopher J. AbateDirector2026-04-14A51,3966306,834CommonForm 4 ↗
Christopher J. AbateDirector2026-04-14D60,21200Derivative, Class A CommonForm 4 ↗
Sasha MacomberChief Human Resource Officer2026-04-14D9,40700Derivative, Class A CommonForm 4 ↗
Sasha MacomberChief Human Resource Officer2026-04-14D8,03100Derivative, Class A CommonForm 4 ↗
Brooke CarilloChief Financial Officer2026-04-14D22,57900Derivative, Class A CommonForm 4 ↗
Horvath D. DeboraDirector2026-05-01A25,0656139,361CommonForm 4 ↗
Horvath D. DeboraDirector2026-05-01D25,06500Derivative, Class A CommonForm 4 ↗
Armando FalconDirector2026-05-19A24,80900Derivative, Class A CommonForm 4 ↗
Douglas B. HansenDirector2026-05-19A24,80900Derivative, Class A CommonForm 4 ↗
Horvath D. DeboraDirector2026-05-19A24,80900Derivative, Class A CommonForm 4 ↗
Greg H. KubicekDirector2026-05-19A24,80900Derivative, Class A CommonForm 4 ↗
Faith A. SchwartzDirector2026-05-19A24,80900Derivative, Class A CommonForm 4 ↗
Doneene K. DamonDirector2026-05-19A24,80900Derivative, Class A CommonForm 4 ↗
Armando FalconDirector2026-05-26D20,72900Derivative, Class A CommonForm 4 ↗
Horvath D. DeboraDirector2026-05-26A20,7295109,449CommonForm 4 ↗
Douglas B. HansenDirector2026-05-26A20,7295109,449CommonForm 4 ↗
Douglas B. HansenDirector2026-05-26D20,72900Derivative, Class A CommonForm 4 ↗
Horvath D. DeboraDirector2026-05-26D20,72900Derivative, Class A CommonForm 4 ↗
Faith A. SchwartzDirector2026-05-26D20,72900Derivative, Class A CommonForm 4 ↗
Faith A. SchwartzDirector2026-05-26A20,7295109,449CommonForm 4 ↗
Armando FalconDirector2026-05-26A20,7295109,449CommonForm 4 ↗
Horvath D. DeboraDirector2026-06-26D7,25900Derivative, Class A CommonForm 4 ↗
Horvath D. DeboraDirector2026-06-26A7,259534,335CommonForm 4 ↗
Greg H. KubicekDirector2026-06-30A22,072.2300Derivative, Class A CommonForm 4 ↗
Doneene K. DamonDirector2026-06-30A4,975524,228CommonForm 4 ↗
Doneene K. DamonDirector2026-06-30D4,97500Derivative, Class A CommonForm 4 ↗
Horvath D. DeboraDirector2026-06-30A11,739.1700Derivative, Class A CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Brooke CarilloRSU2025-12-11186,500$1,049,995
Brooke CarilloRSU2024-12-19173,9451,154,995
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Brooke Carillo$2,204,990$0$00.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Andrew StoneRSU291,600$1,612,548
Dashiell RobinsonRSU701,6903,880,346
Sasha MacomberPSU321,3161,776,877
Andrew StoneRSU107,411654,696
Christopher AbatePSU1,283,8627,099,757
Brooke CarilloRSU912,8705,048,171
Christopher AbateRSU632,2563,496,376
Andrew StonePSU321,3161,776,877
Dashiell RobinsonRSU280,5911,714,125
Christopher AbateRSU269,2721,647,978
Sasha MacomberRSU107,411654,696
Dashiell RobinsonPSU779,2324,309,153
Brooke CarilloPSU740,1304,092,919
Sasha MacomberRSU291,6001,612,548
Brooke CarilloRSU468,4092,961,116
05

Incentive-plan design — the Compensation Discussion & Analysis

Redwood maintains a performance-based compensation philosophy and program for its executive officers that seeks to provide incentives to achieve business goals and sustainable stockholder returns, align the interests of executive officers with those of long-term stockholders, and enable it to hire and retain talented individuals in a competitive marketplace.

CEO STI target (% of salary)215%
CEO LTI target (% of salary)
Independent consultantSemler Brossy Consulting Group LLC
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-1977,832,3603,149,440391,60896.11%Passed
20252025-05-2281,167,7258,912,343216,45490.11%Passed
20242024-05-2180,329,5817,621,6931,323,55991.33%Passed
20232023-05-2359,804,93911,794,9773,098,05783.53%Passed
20222022-05-2415,443,52565,808,260314,10319.01%Failed
20212021-05-2071,514,8117,702,642212,89590.28%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-1996.11%a
20252025-05-2290.11%b
20242024-05-2191.33%c

a. Approved under the standard stated in the filing — “Abstentions and broker non-votes, if any, will not be counted as votes cast and will have no effect on the results of the vote in ratifying the appointment of Grant Thornton LLP.”.

b. Approved under the standard stated in the filing — “Abstentions and broker non-votes, if any, will not be counted as votes cast and will have no effect on the results of the vote in ratifying the appointment of Grant Thornton LLP.”.

c. Approved under the standard stated in the filing — “Abstentions and broker non-votes will not be counted as votes cast and will have no effect on the result of the vote.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)43 : 1
CEO total compensation$6,131,948
Median employee compensation$141,570
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Greg H. KubicekIndependent · Board Chair · Compensation · Governance and Nominating$250,255$129,998$0$0$0$380,253
Armando FalconIndependent · Audit · Governance and Nominating (Chair)141,102129,998000271,100
Debora D. HorvathIndependent · Audit (Chair) · Compensation141,102129,998000271,100
Doneene K. DamonIndependent · Compensation · Governance and Nominating139,399129,998000269,397
Georganne C. ProctorIndependent · Compensation (Chair) · Audit132,805129,998000262,803
Faith A. SchwartzIndependent · Audit · Governance and Nominating121,102129,998000251,100
Douglas B. HansenIndependent · Four Corners Property Trust, Inc. Board · River of Knowledge Board104,102129,998000234,100
Dashiell I. RobinsonEmployee director000000
Christopher J. AbateEmployee director000000
09

Board fee structure and ownership guideline

Annual cash retainer$100,000
Annual equity retainer$130,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)20,000 / 30,000 / 20,000
Stock ownership guideline5x annual cash retainer
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,029,867
Equity awards (grant-date value)$909,986
All other compensation$0
Total cost of the board$1,939,853

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Redwood Trust Inc. names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Redwood Trust Inc..

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Rithm Capital Corp.2025Michael Nierenberg$1,000,000$12,000,007$0$7,440,000$20,450,903
2Victory Capital Holdings, Inc.2025David Brown600,0009,819,944016,198,444
3Walker & Dunlop. Inc.2025William Walker1,000,00013,170,93101,324,82115,500,252
4Ladder Capital Corp.2025Brian Harris1,000,0008,816,83304,124,70013,944,233
5PennyMac Financial Services, Inc.2025David Spector1,483,3335,437,4442,025,6873,608,25012,660,536
6Arbor Realty Trust2025Ivan Kaufman1,200,0005,259,1520011,785,559
7Radian Group, Inc.2025Richard Thornberry1,000,0007,085,3473,120,00011,318,967
8Acadian Asset Management2025Kelly Young650,00000010,519,228
9NMI Holdings, Inc.2025Adam Pollitzer975,0006,337,45002,839,20010,209,615
10Essent Group Ltd.2025Mark Casale1,000,0005,124,64403,062,50010,039,676
11Adamas Trust, Inc.2025Jason Serrano920,0004,102,96202,992,5008,175,252
12Dynex Capital, Inc.2025Byron Boston900,0003,122,24803,192,4807,771,011
13MFA Financial, Inc.2025Craig Knutson825,0004,080,0111,605,1237,079,634
14Virtus Investment Partners, Inc.2025George Aylward650,0003,200,00002,442,0006,309,500
15Chimera Investment Corporation2025Phillip Kardis II900,0003,890,78101,356,1806,167,961
16Redwood Trust Inc.2025Christopher Abate975,0003,262,48101,808,0166,131,948
17Two Harbors Investment Corp.2024William Greenberg919,0383,066,56101,799,6805,785,279
18Granite Point Mortgage, Inc.2025John Taylor1,000,0002,166,7410576,5003,757,041
19Safehold, Inc.2025Jay Sugarman600,0001,950,000002,627,089

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Redwood Trust Inc.86%PSU 55 · RSU 45Yes — relative TSR (rTSR)Semler Brossy Consulting Group LLC
Acadian Asset Managementnot disclosedRSU 25 · PSU 25NoAon plc
Adamas Trust, Inc.130%PSU 60 · RSU 40YesPearl Meyer
Arbor Realty Trustnot disclosedRSU 100Yes — Total Shareholder Return (TSR)not disclosed
Chimera Investment Corporation65%RSU 50 · PSU 50Yes — Relative TSRFrederic W. Cook & Co.
Dynex Capital, Inc.355%PSU 60 · RSU 40NoFPC
Essent Group Ltd.306%PSU 75 · RSU 25NoKorn Ferry
Granite Point Mortgage, Inc.57.7%PSU 50 · RSU 50NoSemler Brossy Consulting Group LLC
Ladder Capital Corp.not disclosedRSU 100not disclosedFTI Consulting, Inc.
MFA Financial, Inc.107.0%PSU 60 · RSU 40Yes — Absolute TSRFrederic W. Cook & Co., Inc. (FW Cook)
NMI Holdings, Inc.166.4%PSU 60 · RSU 40NoSemler Brossy
PennyMac Financial Services, Inc.84.9%PSU 50 · RSU 25 · Options 25NoPearl Meyer
Radian Group, Inc.not disclosedPSU 60 · RSU 40not disclosedWillis Towers Watson
Rithm Capital Corp.186%PSU 75 · RSU 25NoFW Cook
Safehold, Inc.77%not disclosedNoPay Governance
Two Harbors Investment Corp.94.7%PSU 50 · RSU 50Yes — Three-year Absolute TSRPay Governance LLC
Victory Capital Holdings, Inc.not disclosedRSU 100not disclosedAon McLagan
Virtus Investment Partners, Inc.76%PSU 50 · RSU 50Yes — Relative TSRMercer
Walker & Dunlop. Inc.132%not disclosedNoPay Governance

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

FAQ

Frequently asked questions

Who was the highest-paid executive at Redwood Trust Inc. in fiscal 2025?
The highest-paid executive at Redwood Trust Inc. in fiscal 2025 was Christopher Abate, Chief Executive Officer, with total compensation of $6,131,948.
How does Redwood Trust Inc.'s chief executive pay compare to its disclosed peer group?
The filing shows that Christopher Abate's pay falls within the 21st percentile of the disclosed peer group.
What is Redwood Trust Inc.'s CEO-to-median employee pay ratio?
The CEO-to-median employee pay ratio for Redwood Trust Inc. was 43:1.
How did shareholders vote on Redwood Trust Inc.'s executive compensation?
Shareholders approved the executive compensation plan with 96.11% support in the latest vote.
How much does Redwood Trust Inc. spend in total on board compensation for fiscal 2025?
Total board compensation for Redwood Trust Inc. in fiscal 2025 was $1,939,853.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Christopher AbateDEF 14A2026-03-310000930236-26-000011Section “Summary Compensation”. As printed: 6,131,948. Filing ↗machine: span 755087–755096
2Section 01, Dashiell RobinsonDEF 14A2026-03-310000930236-26-000011Section “Summary Compensation”. As printed: 5,188,199. Filing ↗machine: span 766179–766188
3Section 01, Brooke CarilloDEF 14A2026-03-310000930236-26-000011Section “Summary Compensation”. As printed: 5,061,384. Filing ↗machine: span 777400–777409
4Section 01, Sasha MacomberDEF 14A2026-03-310000930236-26-000011Section “Executive Compensation Tables” · page 85. As printed: 2,454,225. Filing ↗machine: t57 · r17 · c24 · span 800286–800295
5Section 01, Andrew StoneDEF 14A2026-03-310000930236-26-000011Section “Summary Compensation”. As printed: 2,431,224. Filing ↗machine: t57 · r13 · c24 · span 788546–788555
6Section 03, Brooke Carillo RSUDEF 14A2026-03-310000930236-26-000011Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
7Section 03, Brooke Carillo RSUDEF 14ASection “Executive Compensation” · grants of plan-based awards table.
8Section 07, pay ratioDEF 14A2026-03-310000930236-26-000011Section “CEO Pay Ratio”. As printed: 43 : 1. Filing ↗machine: span 1201843–1201850
9Section 08, Greg H. KubicekDEF 14A2025-04-010000930236-25-000012Section “Director Compensation”. As printed: 380,253. Filing ↗
10Section 08, Armando FalconDEF 14A2025-04-010000930236-25-000012Section “Director Compensation”. As printed: 271,100. Filing ↗
11Section 08, Debora D. HorvathDEF 14A2025-04-010000930236-25-000012Section “Director Compensation”. As printed: 271,100. Filing ↗
12Section 08, Doneene K. DamonDEF 14A2025-04-010000930236-25-000012Section “Director Compensation”. As printed: 269,397. Filing ↗
13Section 08, Georganne C. ProctorDEF 14A2025-04-010000930236-25-000012Section “Director Compensation”. As printed: 262,803. Filing ↗
14Section 08, Faith A. SchwartzDEF 14A2025-04-010000930236-25-000012Section “Director Compensation”. As printed: 251,100. Filing ↗
15Section 08, Douglas B. HansenDEF 14A2025-04-010000930236-25-000012Section “Director Compensation”. As printed: 234,100. Filing ↗
16Section 08, Dashiell I. RobinsonDEF 14A2025-04-010000930236-25-000012Section “Director Compensation”. As printed: 0. Filing ↗
17Section 08, Christopher J. AbateDEF 14A2025-04-010000930236-25-000012Section “Director Compensation”. As printed: 0. Filing ↗
18Section 02, Horvath D. Debora 2026-03-31Form 42026-03-310001104659-26-037745Insider equity transaction reported since the proxy statement. Filing ↗
19Section 02, Georganne C. Proctor 2026-03-31Form 42026-03-310001104659-26-037755Insider equity transaction reported since the proxy statement. Filing ↗
20Section 02, Greg H. Kubicek 2026-03-31Form 42026-03-310001104659-26-037758Insider equity transaction reported since the proxy statement. Filing ↗
21Section 02, Dashiell I. Robinson 2026-04-14Form 42026-04-150001716998-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
22Section 02, Andrew Stone 2026-04-14Form 42026-04-150001487805-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
23Section 02, Andrew Stone 2026-04-14Form 42026-04-150001487805-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
24Section 02, Brooke Carillo 2026-04-14Form 42026-04-150001862739-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
25Section 02, Dashiell I. Robinson 2026-04-14Form 42026-04-150001716998-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, Christopher J. Abate 2026-04-14Form 42026-04-150001453409-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Brooke Carillo 2026-04-14Form 42026-04-150001862739-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Dashiell I. Robinson 2026-04-14Form 42026-04-150001716998-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Andrew Stone 2026-04-14Form 42026-04-150001487805-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Sasha Macomber 2026-04-14Form 42026-04-150001758710-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Christopher J. Abate 2026-04-14Form 42026-04-150001453409-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Christopher J. Abate 2026-04-14Form 42026-04-150001453409-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Sasha Macomber 2026-04-14Form 42026-04-150001758710-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Sasha Macomber 2026-04-14Form 42026-04-150001758710-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Brooke Carillo 2026-04-14Form 42026-04-150001862739-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Horvath D. Debora 2026-05-01Form 42026-05-010001104659-26-054140Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Horvath D. Debora 2026-05-01Form 42026-05-010001104659-26-054140Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Armando Falcon 2026-05-19Form 42026-05-200001853738-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Douglas B. Hansen 2026-05-19Form 42026-05-200001233537-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Horvath D. Debora 2026-05-19Form 42026-05-200001564301-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Greg H. Kubicek 2026-05-19Form 42026-05-200001233565-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Faith A. Schwartz 2026-05-19Form 42026-05-200001853040-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Doneene K. Damon 2026-05-19Form 42026-05-200001998554-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Armando Falcon 2026-05-26Form 42026-05-270001853738-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Horvath D. Debora 2026-05-26Form 42026-05-270001564301-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Douglas B. Hansen 2026-05-26Form 42026-05-270001233537-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Douglas B. Hansen 2026-05-26Form 42026-05-270001233537-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, Horvath D. Debora 2026-05-26Form 42026-05-270001564301-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, Faith A. Schwartz 2026-05-26Form 42026-05-270001853040-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Faith A. Schwartz 2026-05-26Form 42026-05-270001853040-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, Armando Falcon 2026-05-26Form 42026-05-270001853738-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, Horvath D. Debora 2026-06-26Form 42026-06-290001104659-26-078868Insider equity transaction reported since the proxy statement. Filing ↗
53Section 02, Horvath D. Debora 2026-06-26Form 42026-06-290001104659-26-078868Insider equity transaction reported since the proxy statement. Filing ↗
54Section 02, Greg H. Kubicek 2026-06-30Form 42026-07-010001233565-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
55Section 02, Doneene K. Damon 2026-06-30Form 42026-07-010001104659-26-079899Insider equity transaction reported since the proxy statement. Filing ↗
56Section 02, Doneene K. Damon 2026-06-30Form 42026-07-010001104659-26-079899Insider equity transaction reported since the proxy statement. Filing ↗
57Section 02, Horvath D. Debora 2026-06-30Form 42026-07-010001564301-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
58Section 06, 2026 voteForm 8-K2026-05-190001104659-26-063849Item 5.07 · say-on-pay result. As reported: 96.11% (votes for as printed: 77,832,360). Filing ↗
59Section 06, 2025 voteForm 8-K2025-05-230001104659-25-052481Item 5.07 · say-on-pay result. As reported: 90.11% (votes for as printed: 81,167,725). Filing ↗
60Section 06, 2024 voteForm 8-K2024-05-240001104659-24-065184Item 5.07 · say-on-pay result. As reported: 91.33% (votes for as printed: 80,329,581). Filing ↗
61Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
62Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
63Section 09b board cost (computed)ComputedcomputedCash 1,029,867 + equity 909,986 + all other 0 = 1,939,853, summed across the director compensation table rows.machine: formula: Σ = 1,939,853
64Rithm Capital Corp., Section 10b CEO totalDEF 14A2026-04-090001104659-26-041536CEO total compensation as printed in Rithm Capital Corp.'s own proxy. As printed: 20,450,903. Filing ↗machine: span 416665–416675
65Victory Capital Holdings, Inc., Section 10b CEO totalDEF 14A2026-03-270001193125-26-127653CEO total compensation as printed in Victory Capital Holdings, Inc.'s own proxy. As printed: 16,198,444. Filing ↗machine: r2 · c27 · span 1467226–1467236
66Walker & Dunlop. Inc., Section 10b CEO totalDEF 14A2026-04-010001104659-26-038515CEO total compensation as printed in Walker & Dunlop. Inc.'s own proxy. As printed: 15,500,252. Filing ↗machine: t197 · r6 · c14 · span 849398–849408
67Ladder Capital Corp., Section 10b CEO totalDEF 14A2026-04-210001577670-26-000018CEO total compensation as printed in Ladder Capital Corp.'s own proxy. As printed: 13,944,233. Filing ↗machine: r3 · c36 · span 603013–603023
68PennyMac Financial Services, Inc., Section 10b CEO totalDEF 14A2026-04-200001193125-26-164086CEO total compensation as printed in PennyMac Financial Services, Inc.'s own proxy. As printed: 12,660,536. Filing ↗machine: r3 · c26 · span 1032650–1032660
69Arbor Realty Trust, Section 10b CEO totalDEF 14A2026-04-160001253986-26-000027CEO total compensation as printed in Arbor Realty Trust's own proxy. As printed: 11,785,559. Filing ↗machine: span 343111–343121
70Radian Group, Inc., Section 10b CEO totalDEF 14A2026-04-020001193125-26-140155CEO total compensation as printed in Radian Group, Inc.'s own proxy. As printed: 11,318,967. Filing ↗
71Acadian Asset Management, Section 10b CEO totalDEF 14A2026-04-290001628280-26-028368CEO total compensation as printed in Acadian Asset Management's own proxy. As printed: 10,519,228. Filing ↗machine: span 331840–331850
72NMI Holdings, Inc., Section 10b CEO totalDEF 14A2026-03-260001547903-26-000019CEO total compensation as printed in NMI Holdings, Inc.'s own proxy. As printed: 10,209,615. Filing ↗machine: t110 · r3 · c7 · span 892462–892472
73Essent Group Ltd., Section 10b CEO totalDEF 14A2026-03-260001104659-26-035242CEO total compensation as printed in Essent Group Ltd.'s own proxy. As printed: 10,039,676. Filing ↗machine: r1 · c53 · span 990390–990400
74Adamas Trust, Inc., Section 10b CEO totalDEF 14A2026-04-240001273685-26-000038CEO total compensation as printed in Adamas Trust, Inc.'s own proxy. As printed: 8,175,252. Filing ↗machine: span 827801–827810
75Dynex Capital, Inc., Section 10b CEO totalDEF 14A2026-04-070001104659-26-040189CEO total compensation as printed in Dynex Capital, Inc.'s own proxy. As printed: 7,771,011. Filing ↗machine: t104 · r2 · c19 · span 1099489–1099498
76MFA Financial, Inc., Section 10b CEO totalDEF 14A2026-04-170001140361-26-015388CEO total compensation as printed in MFA Financial, Inc.'s own proxy. As printed: 7,079,634. Filing ↗machine: r2 · c22 · span 815805–815814
77Virtus Investment Partners, Inc., Section 10b CEO totalDEF 14A2026-04-070001193125-26-145685CEO total compensation as printed in Virtus Investment Partners, Inc.'s own proxy. As printed: 6,309,500. Filing ↗machine: r2 · c34 · span 636369–636378
78Chimera Investment Corporation, Section 10b CEO totalDEF 14A2026-04-230001206774-26-000238CEO total compensation as printed in Chimera Investment Corporation's own proxy. As printed: 6,167,961. Filing ↗machine: t63 · r1 · c7 · span 507844–507854
79Redwood Trust Inc. (subject), Section 10b CEO totalDEF 14A2026-03-310000930236-26-000011CEO total compensation as printed in Redwood Trust Inc.'s own proxy. As printed: 6,131,948. Filing ↗machine: span 755087–755096
80Two Harbors Investment Corp., Section 10b CEO totalDEF 14A2025-04-020001465740-25-000090CEO total compensation as printed in Two Harbors Investment Corp.'s own proxy. As printed: 5,785,279. Filing ↗machine: r2 · c42 · span 566941–566950
81Granite Point Mortgage, Inc., Section 10b CEO totalDEF 14A2026-04-200001104659-26-045496CEO total compensation as printed in Granite Point Mortgage, Inc.'s own proxy. As printed: 3,757,041. Filing ↗machine: r1 · c41 · span 1477032–1477041
82Safehold, Inc., Section 10b CEO totalDEF 14A2026-03-310001104659-26-037873CEO total compensation as printed in Safehold, Inc.'s own proxy. As printed: 2,627,089. Filing ↗machine: t261 · r5 · c14 · span 822150–822159
83Section 10a, Radian Group, Inc. reciprocityDEF 14A0001193125-26-140155Radian Group, Inc.'s most recent proxy was read; its disclosed peer group does not include Redwood Trust Inc.. Filing ↗
84Section 10a, Walker & Dunlop. Inc. reciprocityDEF 14A0001104659-26-038515Walker & Dunlop. Inc. names Redwood Trust Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
85Section 10a, Acadian Asset Management reciprocityDEF 14A0001628280-26-028368Acadian Asset Management's most recent proxy was read; its disclosed peer group does not include Redwood Trust Inc.. Filing ↗
86Section 10a, Virtus Investment Partners, Inc. reciprocityDEF 14A0001193125-26-145685Virtus Investment Partners, Inc.'s most recent proxy was read; its disclosed peer group does not include Redwood Trust Inc.. Filing ↗
87Section 10a, Chimera Investment Corporation reciprocityDEF 14A0001206774-26-000238Chimera Investment Corporation names Redwood Trust Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
88Section 10a, Dynex Capital, Inc. reciprocityDEF 14A0001104659-26-040189Dynex Capital, Inc. names Redwood Trust Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
89Section 10a, Ladder Capital Corp. reciprocityDEF 14A0001577670-26-000018Ladder Capital Corp. names Redwood Trust Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
90Section 10a, MFA Financial, Inc. reciprocityDEF 14A0001140361-26-015388MFA Financial, Inc. names Redwood Trust Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
91Section 10a, Victory Capital Holdings, Inc. reciprocityDEF 14A0001193125-26-127653Victory Capital Holdings, Inc.'s most recent proxy was read; its disclosed peer group does not include Redwood Trust Inc.. Filing ↗
92Section 10a, Adamas Trust, Inc. reciprocityDEF 14A0001273685-26-000038Adamas Trust, Inc. names Redwood Trust Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
93Section 10a, NMI Holdings, Inc. reciprocityDEF 14A0001547903-26-000019NMI Holdings, Inc. names Redwood Trust Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
94Section 10a, Essent Group Ltd. reciprocityDEF 14A0001104659-26-035242Essent Group Ltd.'s most recent proxy was read; its disclosed peer group does not include Redwood Trust Inc.. Filing ↗
95Section 10a, Two Harbors Investment Corp. reciprocityDEF 14A0001465740-25-000090Two Harbors Investment Corp. names Redwood Trust Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
96Section 10a, Granite Point Mortgage, Inc. reciprocityDEF 14A0001104659-26-045496Granite Point Mortgage, Inc. names Redwood Trust Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗