{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-100622","form_type":"8-K","ticker":"TWO","cik":"0001465740","company_name":"TWO HARBORS INVESTMENT CORP.","filed_at":"2026-08-25T15:12:18+00:00","discovered_at":"2026-08-25T15:13:02.536405+00:00","generated_at":"2026-08-25T15:13:15.428456+00:00","sec_items":["2.01","3.01","3.03","5.01","5.02","8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"Two Harbors completes $12.00/share merger with CrossCountry Mortgage; delists","bullets":["Merger completed Aug 25, 2026: TWO stockholders receive $12.00/share cash plus $0.20326 stub dividend.","TWO common stock delisted from NYSE; company becomes wholly owned subsidiary of CrossCountry Mortgage.","Preferred stock to be redeemed at $25.00/share plus dividends; ~$622M aggregate consideration.","9.375% Senior Notes due 2030 to be repurchased at 104% of $115M principal; ~$120M consideration.","Board changes: all prior directors ceased; Ron Leonhardt became director."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-100622","json":"https://secwatch.observer/filing/0001104659-26-100622.json","markdown":"https://secwatch.observer/filing/0001104659-26-100622.md","text":"https://secwatch.observer/filing/0001104659-26-100622.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1465740/000110465926100622/0001104659-26-100622-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1465740/000110465926100622/tm2621794d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-25T15:13:15.428456+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4b05948e7f","claim":"Hope B. Woodhouse departed as Director at TWO HARBORS INVESTMENT CORP..","evidence_excerpt":"each of E. Spencer Abraham, James J. Bender, Sanjiv Das, William Greenberg, Karen Hammond, Stephen G. Kasnet, James A. Stern and Hope B. Woodhouse ceased to serve as directors of TWO","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1465740/000110465926100622/0001104659-26-100622-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"ceased to serve"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"5495d0e43a","claim":"Sanjiv Das departed as Director at TWO HARBORS INVESTMENT CORP..","evidence_excerpt":"each of E. Spencer Abraham, James J. Bender, Sanjiv Das, William Greenberg, Karen Hammond, Stephen G. Kasnet, James A. Stern and Hope B. Woodhouse ceased to serve as directors of TWO","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1465740/000110465926100622/0001104659-26-100622-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"ceased to serve"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"54f7317e32","claim":"Ron Leonhardt was appointed as Director at TWO HARBORS INVESTMENT CORP..","evidence_excerpt":"Ron Leonhardt, who was the director of Merger Sub immediately prior to the Effective Time, became the director of TWO.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1465740/000110465926100622/0001104659-26-100622-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"became"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"5652f8a7e0","claim":"Stephen G. Kasnet departed as Director at TWO HARBORS INVESTMENT CORP..","evidence_excerpt":"each of E. Spencer Abraham, James J. Bender, Sanjiv Das, William Greenberg, Karen Hammond, Stephen G. Kasnet, James A. Stern and Hope B. Woodhouse ceased to serve as directors of TWO","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1465740/000110465926100622/0001104659-26-100622-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"ceased to serve"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"69fa4bd254","claim":"Karen Hammond departed as Director at TWO HARBORS INVESTMENT CORP..","evidence_excerpt":"each of E. Spencer Abraham, James J. Bender, Sanjiv Das, William Greenberg, Karen Hammond, Stephen G. Kasnet, James A. Stern and Hope B. Woodhouse ceased to serve as directors of TWO","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1465740/000110465926100622/0001104659-26-100622-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"ceased to serve"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"74f10d4130","claim":"James J. Bender departed as Director at TWO HARBORS INVESTMENT CORP..","evidence_excerpt":"each of E. Spencer Abraham, James J. Bender, Sanjiv Das, William Greenberg, Karen Hammond, Stephen G. Kasnet, James A. Stern and Hope B. Woodhouse ceased to serve as directors of TWO","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1465740/000110465926100622/0001104659-26-100622-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"ceased to serve"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"82ec0de5c0","claim":"E. Spencer Abraham departed as Director at TWO HARBORS INVESTMENT CORP..","evidence_excerpt":"each of E. Spencer Abraham, James J. Bender, Sanjiv Das, William Greenberg, Karen Hammond, Stephen G. Kasnet, James A. Stern and Hope B. Woodhouse ceased to serve as directors of TWO","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1465740/000110465926100622/0001104659-26-100622-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"ceased to serve"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"b1c0c27e8b","claim":"James A. Stern departed as Director at TWO HARBORS INVESTMENT CORP..","evidence_excerpt":"each of E. Spencer Abraham, James J. Bender, Sanjiv Das, William Greenberg, Karen Hammond, Stephen G. Kasnet, James A. Stern and Hope B. Woodhouse ceased to serve as directors of TWO","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1465740/000110465926100622/0001104659-26-100622-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"ceased to serve"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"ddf82eba92","claim":"William Greenberg departed as Director at TWO HARBORS INVESTMENT CORP..","evidence_excerpt":"each of E. Spencer Abraham, James J. Bender, Sanjiv Das, William Greenberg, Karen Hammond, Stephen G. Kasnet, James A. Stern and Hope B. Woodhouse ceased to serve as directors of TWO","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1465740/000110465926100622/0001104659-26-100622-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"ceased to serve"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}