Vice President and Chief Investment Officer · TWO HARBORS INVESTMENT CORP. (TWO)

Nicholas Letica

A named executive officer of TWO HARBORS INVESTMENT in every fiscal year CompBrief holds from FY2022 to FY2024. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2024

$2,925,239

FY2023: $3,801,363

2nd of 6 named executive officers at TWO Harbors Investment by FY2024 total.

6 named officers on file for TWO HARBORS INVESTMENT, FY2024

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What this number hides

The filing gives the total. TWO HARBORS INVESTMENT’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

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Compensation figures as of the proxy filed April 27, 2026 (10-K/A). Insider transactions since that proxy, current to 2026-11-10.

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Nicholas Letica compensation by year

TWO HARBORS INVESTMENT Summary Compensation Table · all 4 fiscal years held
In US dollars, as TWO HARBORS INVESTMENT reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2022FY2023FY2024FY2025
Salary$227,309$600,000$588,461$644,231
Bonus$1,140,000$0$0$0
Stock awards$1,395,226$1,373,478$1,291,170$1,727,987
Option awards$0$0$0$0
Non-equity incentive$0$1,675,000$1,045,608$1,790,874
Pension and deferred compensation$0$0$0$0
All other$35,308$152,885$0$0
Total$2,797,843$3,801,363$2,925,239$4,163,092

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: TWO HARBORS INVESTMENT CORP. 10-K/A filed April 27, 2026, accession 0001465740-26-000022, and prior-year filings. Open the filing on EDGAR.

How this page was built: the TWO HARBORS INVESTMENT CORP. filed document, accession 0001465740-26-000022. Every figure is read from that document and cited to the page and table it appears in. Filed April 27, 2026.

$2.8M
$3.8M
$2.9M
$4.2M
FY22
FY23
FY24
FY25
SalaryBonusNon-equity incentiveStock awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
PSU68,886$915,495—
PSU42,692$691,183—
RSU47,348$497,154—
RSU14,114$148,197—

Per the Outstanding Equity Awards at Fiscal Year-End table in TWO HARBORS INVESTMENT CORP.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.

Insider transactions since the last proxy

2 Form 4 lines since the FY2024 proxy (filed April 27, 2026)
current to 2026-11-10 · updated nightly
DateTransactionPlanSharesPriceHeld after
2026-08-25Grant or award—297,105$0.00615,339
2026-08-25Disposition to the issuer—615,339$12.000

The 2 most recent of 2 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →

Change-in-control & termination

estimated payments TWO HARBORS INVESTMENT discloses, by trigger · FY2024
TriggerCash severanceAccelerated equityBenefits continuationTotal as disclosed
Death—$2,061,023—$2,061,023
Disability—$2,061,023—$2,061,023
Involuntary termination without cause$3,750,000$1,588,584$30,587$5,394,171
Resignation for good reason, no change in control$3,750,000$1,588,584$30,587$5,394,171
Change in control and involuntary termination$4,620,000$2,061,023$30,587$6,736,610
Change in control and resignation for good reason$4,620,000$2,061,023$30,587$6,736,610
Voluntary resignation$0$0$0$0
Retirement$0$0$0$0
Involuntary for cause$0$0$0$0

Per the Potential Payments Upon Termination or Change in Control table in TWO HARBORS INVESTMENT CORP.'s FY2024 proxy. Estimates as the company printed them; a dash means it printed no figure.

TWO HARBORS INVESTMENT’s named executive officers, FY2024

as the company reported each
Named executive officerRoleFY2024 total
William GreenbergPresident and Chief Executive Officer$5,785,279
Nicholas Letica · this pageVice President and Chief Investment Officer$2,925,239
Rebecca SandbergVice President, Chief Legal Officer and Secretary$1,909,831
Robert RushVice President and Chief Risk Officer$1,378,529
Mary RiskeyFormer Vice President and Chief Financial Officer$1,183,444
William DellalVice President and Interim Chief Financial Officer$415,038

Nicholas Letica's compensation dossier, TWO HARBORS INVESTMENT

You have read Nicholas Letica's totals and holdings. The dossier adds each equity grant TWO HARBORS INVESTMENT disclosed for Nicholas Letica and TWO HARBORS INVESTMENT's own disclosed peer group, where the company discloses them, with every row in a PDF and a CSV cited to its filing.

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The full TWO HARBORS INVESTMENT compensation record

free company brief

This page is one person within TWO HARBORS INVESTMENT's record. The company brief lists every named executive, each linking to their own page.

Peer companies

named in the TWO HARBORS INVESTMENT proxy · each links to its own free brief

Compensation, the day it’s disclosed

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How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are TWO HARBORS INVESTMENT's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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Nicholas Letica's compensation dossier