Company: RWT-PA
Filing Date: 2025-11-18
Form Type: 424B5
Source: 0001104659-25-113682
Chunk: 138

Company: REDWOOD TRUST INC
Filing Date: 2025-11-18
Form: 424B5
Chunk 138
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 through the SEC’s website, as provided above.

<div align='center'>60</div>

TABLE OF CONTENTS

#### 9.500% Senior Notes due 2030

#### Prospectus Supplement
<div align='center'>Joint Book-Running Managers</div>

#### Morgan Stanley

#### Goldman Sachs & Co. LLC

#### RBC Capital Markets

#### UBS Investment Bank

#### Wells Fargo Securities

#### Keefe, Bruyette & Woods

#### A Stifel Company

#### Piper Sandler
<div align='center'>Co-Managers</div>

#### Citizens Capital Markets

#### Seaport Global Securities

#### November 17, 2025