---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-004342"
form_type: "8-K"
ticker: "RWT"
cik: "0000930236"
company_name: "REDWOOD TRUST INC"
filed_at: "2024-01-17T23:59:59+00:00"
generated_at: "2026-06-06T22:54:24.363047+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Redwood Trust prelim Q4 BV $8.58-$8.68 vs $8.77; issued 12.6M ATM shares

## Summary
- Prelim book value per share est. $8.58-$8.68 at Dec 31 vs $8.77 at Sep 30.
- Issued 12.6M shares via ATM in Q4; proceeds used for mortgage banking, investments, debt repurchase.
- Recourse leverage ratio est. 2.2x; unrestricted cash $293M at Dec 31.
- Stockholders' equity est. $1.2B; recourse debt $2.6B at Dec 31.
- Q4 common dividend of $0.16 per share paid; BV adjusted for dividend.

## SEC filing metadata
- accession: 0001104659-24-004342
- form_type: 8-K
- ticker: RWT
- cik: 0000930236
- company_name: REDWOOD TRUST INC
- filed_at: 2024-01-17T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/930236/000110465924004342/0001104659-24-004342-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/930236/000110465924004342/tm243330d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-004342
- JSON: https://secwatch.observer/filing/0001104659-24-004342.json
- Plain text: https://secwatch.observer/filing/0001104659-24-004342.txt

## Key facts
- Earnings Releases
  REDWOOD TRUST INC reported preliminary financial results for the quarter ended December 31, 2023.
  - Period: the quarter ended December 31, 2023
  - Result: preliminary results
  source text: Redwood Trust, Inc. is disclosing certain preliminary results of operations for the quarter ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/930236/000110465924004342/0001104659-24-004342-index.htm

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