secwatch.observer — SEC 8-K summary
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Issuer:     REDWOOD TRUST INC (RWT)
CIK:        0000930236
Form:       8-K
Filed at:   2023-12-15T23:59:59+00:00
Accession:  0001104659-23-126451
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/930236/000110465923126451/0001104659-23-126451-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/930236/000110465923126451/tm2332987d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-126451

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer