---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-126451"
form_type: "8-K"
ticker: "RWT"
cik: "0000930236"
company_name: "REDWOOD TRUST INC"
filed_at: "2023-12-15T23:59:59+00:00"
generated_at: "2026-06-07T12:26:50.079602+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Redwood Trust grants CEO Abate $4.1M in year‑end equity awards; 2024 salaries and bonuses set

## Summary
- CEO Abate: 118,421 DSUs, 118,421 csRSUs, PSUs; total grant date fair value $4.1M.
- President Robinson: $3.5M total LTI; CFO Carillo: $3.25M; EVP Stone and CHRO Macomber: $1.5M each.
- 2024 base salaries: CEO $950k, President $875k, CFO $825k, EVP/CLO and CHRO $500k each.
- 2024 target bonuses as % of base: CEO 200%, President 195%, CFO 190%, EVP/CLO and CHRO 175%.
- PSUs vest based on 3‑year bvTSR and rTSR against comparator group; payout range 0%‑250% of target.

## SEC filing metadata
- accession: 0001104659-23-126451
- form_type: 8-K
- ticker: RWT
- cik: 0000930236
- company_name: REDWOOD TRUST INC
- filed_at: 2023-12-15T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/930236/000110465923126451/0001104659-23-126451-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/930236/000110465923126451/tm2332987d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-126451
- JSON: https://secwatch.observer/filing/0001104659-23-126451.json
- Plain text: https://secwatch.observer/filing/0001104659-23-126451.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
