secwatch.observer — SEC 8-K summary
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Issuer:     REDWOOD TRUST INC (RWT)
CIK:        0000930236
Form:       8-K
Filed at:   2026-09-10T11:07:54+00:00
Accession:  0001104659-26-106539
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/930236/000110465926106539/0001104659-26-106539-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/930236/000110465926106539/tm2625156d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-106539

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