---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-128502"
form_type: "8-K"
ticker: "RWT"
cik: "0000930236"
company_name: "REDWOOD TRUST INC"
filed_at: "2024-12-13T23:59:59+00:00"
generated_at: "2026-05-29T03:50:18.550954+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Redwood Trust sets 2025 executive compensation; CEO equity grant $4.35M

## Summary
- CEO Abate receives $4.35M aggregate grant-date fair value in DSUs, csRSUs, and PSUs.
- 2025 base salaries: CEO $975k, President $890k, CFO $860k, EVP/CLO $525k, CHRO $525k.
- 2025 target bonus as % of salary: CEO 215%, President 210%, CFO 205%, EVP/CLO 175%, CHRO 175%.
- PSUs vest based on 3-year book value TSR (100% at 25% bvTSR) and relative TSR vs peers; capped at 100% if absolute TSR negative.
- DSUs and csRSUs vest over 4 years; accelerated vesting upon qualifying CIC termination, death/disability, or retirement.

## SEC filing metadata
- accession: 0001104659-24-128502
- form_type: 8-K
- ticker: RWT
- cik: 0000930236
- company_name: REDWOOD TRUST INC
- filed_at: 2024-12-13T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/930236/000110465924128502/0001104659-24-128502-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/930236/000110465924128502/tm2430678d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-128502
- JSON: https://secwatch.observer/filing/0001104659-24-128502.json
- Plain text: https://secwatch.observer/filing/0001104659-24-128502.txt

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