---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-106539"
form_type: "8-K"
ticker: "RWT"
cik: "0000930236"
company_name: "REDWOOD TRUST INC"
filed_at: "2026-09-10T11:07:54+00:00"
generated_at: "2026-09-10T11:10:17.630463+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Redwood Trust: Q3 dividends, $150M convertible notes offering, $190M loan dispositions

## Summary
- Declared Q3 2026 common dividend of $0.18/share (unchanged), payable Sept 30; 109th consecutive quarterly dividend.
- Series A preferred dividend of $0.625/share for Q3, payable Oct 15.
- Proposed dispositions of legacy bridge loans up to ~$190M, expected to reduce book value per share by ~2% from June 30, 2026.
- Announced $150M convertible senior notes due 2030 offering, with option for additional $22.5M; proceeds to repurchase 2027 notes and up to $20M common stock.
- Remaining proceeds for general corporate purposes, including Sequoia, Aspire, CoreVest platforms and investments.

## SEC filing metadata
- accession: 0001104659-26-106539
- form_type: 8-K
- ticker: RWT
- cik: 0000930236
- company_name: REDWOOD TRUST INC
- filed_at: 2026-09-10T11:07:54+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/930236/000110465926106539/0001104659-26-106539-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/930236/000110465926106539/tm2625156d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-106539
- JSON: https://secwatch.observer/filing/0001104659-26-106539.json
- Plain text: https://secwatch.observer/filing/0001104659-26-106539.txt

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