{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-107919","form_type":"8-K","ticker":"RWT","cik":"0000930236","company_name":"REDWOOD TRUST INC","filed_at":"2026-09-15T20:08:59+00:00","discovered_at":"2026-09-15T20:09:31.698107+00:00","generated_at":"2026-09-15T20:09:38.776876+00:00","sec_items":["1.01","2.03","3.02","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Redwood Trust issues $205M 7.00% convertible notes due 2030; buys back 2027 notes and $20M of stock","bullets":["Issued $205M 7.00% convertible senior notes due 2030 ($185M base + $20M greenshoe); Maturity Sept 15, 2030.","Initial conversion price $4.90/share, ~35.0% premium to Sept 10, 2026 closing price; rate 204.0608 shares/$1,000.","Using ~$129.29M of proceeds to repurchase ~$123.79M of 7.75% convertible notes due 2027; $173.38M of those notes remain.","Repurchasing 5,509,641 common shares (~$20M) concurrently in privately negotiated transactions via initial purchaser.","Remaining proceeds for general corporate purposes, incl. Sequoia, Aspire, and CoreVest platforms and Redwood Investments."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-107919","json":"https://secwatch.observer/filing/0001104659-26-107919.json","markdown":"https://secwatch.observer/filing/0001104659-26-107919.md","text":"https://secwatch.observer/filing/0001104659-26-107919.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/930236/000110465926107919/0001104659-26-107919-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/930236/000110465926107919/tm2625428d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-09-15T20:09:38.776876+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}