Company: RWT-PA
Filing Date: 2025-04-01
Form Type: DEF 14A
Source: 0000930236-25-000012
Chunk: 110

Company: REDWOOD TRUST INC
Filing Date: 2025-04-01
Form: DEF 14A
Chunk 110
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 Dashiell I. Robinson, Brooke E. Carillo, Andrew P. Stone, Sasha G. Macomber

2021: Dashiell I. Robinson, Collin L. Cochrane, Andrew P. Stone, Sasha G. Macomber

2020: Dashiell I. Robinson, Collin L. Cochrane, Andrew P. Stone, Sasha G. Macomber, Shoshone ("Bo") Stern

<div align='center'>94</div>

(3) The dollar amounts reported as “Compensation Actually Paid” represent the amount of “compensation actually paid”, as computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual amount of compensation earned or paid during the applicable year. In accordance with the requirement of Item 402(v) of Regulation S-K, “Compensation Actually Paid” for 2024 is calculated by making the following adjustments from the Summary Compensation Table totals as follows:

| Item and Value Added (Deducted)                
 For PEO:                                       |     |   |       |     |                                                                                                                                         |     |   |     | 2024 |            |
|:-----------------------------------------------|:----|:--|:------|:----|:----------------------------------------------------------------------------------------------------------------------------------------|:----|:--|:----|:-----|-----------:|
| Summary Compensation Table Total               |     |   |       |     |                                                                                                                                         |     | $ |     |      |  6,968,607 |
|                                                |     |   | -     |     | SCT “Stock Awards” column value                                                                                                         |     | $ |     |      | -4,349,994 |
|                                                |     |   | +     |     | year-end fair value of outstanding equity awards granted in Covered Year that remain unvested(*)                                        |     | $ |     |      |  4,343,773 |
|                                                |     | + | /   - |     | change in fair value of outstanding and unvested equity awards granted in prior years(*)(†)                                             |     | $ |     |      | -1,650,554 |
|                                                |     | + | /   - |     | change in fair value of prior-year equity awards vested in Covered Year(*)(†)                                                           |     | $ |     |      |    -54,717 |
|                                                |     |   | +     |     | dividends paid on equity awards in the Covered