Company: RWT-PA
Filing Date: 2025-08-22
Form Type: 424B5
Source: 0001104659-25-081925
Chunk: 124

Company: REDWOOD TRUST INC
Filing Date: 2025-08-22
Form: 424B5
Chunk 124
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without a placement agent, underwriter, broker or dealer) to one or more purchasers at a cash price of 99.13194444% of the principal amount of the notes, including accrued and unpaid interest from, and including, June 15, 2025 to, but excluding, August 25, 2025. We expect to deliver the notes in book-entry form through the facilities of The Depository Trust Company on or about August 25, 2025. If settlement occurs after August 25, 2025, then the purchase price will be adjusted by adding accrued interest from, and including, August 25, 2025 to, but excluding, the date of settlement.

The existing notes are not listed or quoted, and we do not intend to apply to have the notes listed or quoted, on any securities exchange or automated dealer quotation system. Our common stock is listed on The New York Stock Exchange, or NYSE, under the symbol “RWT.”

We estimate that our offering expenses in connection with this offering will be approximately $350,000.

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### LEGAL MATTERS
Certain legal matters relating to the notes we are offering will be passed upon for us by Latham & Watkins LLP. Venable LLP will issue an opinion to us regarding certain matters of Maryland law, including the validity of our common stock.

### EXPERTS
The audited consolidated financial statements and management’s assessment of the effectiveness of internal control over financial reporting incorporated by reference in this prospectus supplement have been audited by Grant Thornton LLP, independent registered public accountants, as stated to their reports incorporated by reference herein.

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### WHERE YOU CAN FIND MORE INFORMATION
Whenever a reference is made in this prospectus supplement to any of our contracts, agreements or other documents, the reference may not be complete and you should refer to the exhibits to the reports or other documents incorporated by reference in this prospectus supplement for a copy of such contract, agreement or other document. We file annual, quarterly and current reports, proxy statements and other information with the SEC. The Company’s public filings are available to the public at the SEC’s website at www.sec.gov and on our website at www.redwoodtrust.com. The information contained on our website, however, is not, and should not be deemed to be, a part of this prospectus supplement.

### INCORPORATION OF CERTAIN