Company: RWT-PA
Filing Date: 2025-12-12
Form Type: 8-K
Source: 0001104659-25-120663
Chunk: 0

Company: REDWOOD TRUST INC
Filing Date: 2025-12-12
Form: 8-K
Item: Item 5.02
Chunk 0
---
Item 5.02. Compensatory Arrangements of Certain Officers.

(e) At a meeting held on December 11,
2025, the Compensation Committee of the Board of Directors of Redwood Trust, Inc. (the “ Company”) considered and approved
the following compensation matters for the Company’s CEO and for the Company’s other named executive officers, as noted below.

2025 Year-End Long-Term Equity Compensation
Awards. On December 11, 2025, the Compensation Committee approved 2025 year-end long-term
equity-based incentive (“ LTI”) awards for named executive officers of the Company to be granted on December 11, 2025.
Three different types of equity-based awards were granted: Deferred Stock Units (“ DSUs”), cash-settled Restricted Stock Units
(“csRSUs”), and Performance Stock Units (“ PSUs”) pursuant to the Company’s Second Amended and Restated 2014
Incentive Award Plan (the “2014 Incentive Plan”). The terms of each of these three types of awards are summarized below.