Andrew P. Stone, Chief Legal Officer at REDWOOD TRUST INC (RWT), bought 5,000 shares at $4.12 ($21K) on 2026-09-21, disclosed to the SEC on 2026-09-21.
Chief Legal Officer Andrew P. Stone purchased 5,000 shares for $20,593, marking the largest insider purchase in the company's history. This significant buyback suggests insiders see value in the stock following a steep decline.
The stock is down 34.39% over the past year and is currently trading 43.33% below its 52-week high of $6.97, despite a 3.13% gain over the last five days.
1) Upcoming maturity of $185M of 7% convertible notes on September 15, 2026, which may provide capital relief; 2) Q2 2026 earnings on July 28, 2026, which saw earnings and revenue misses of -3.85% and -26.20% respectively.
The stock faces significant downside risk as it trades 43.33% below its 52-week high and has underperformed the broader market over the last year.
Something here stands out, but not much.
| Filing → |
| RWT | SELL | 2021-12-20 | $242K | — | Filing → |
| RWT | SELL | 2019-12-20 | $499K | — | Filing → |
| RWT | SELL | 2018-12-19 | $229K | — | Filing → |