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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): September 14, 2021

 

 

 

REDWOOD TRUST, INC.

(Exact name of registrant as specified in its charter)

 

Maryland

(State or other jurisdiction
of incorporation)

001-13759

(Commission
File Number)

68-0329422

(I.R.S. Employer
Identification No.)

 

One Belvedere Place
Suite 300
Mill Valley, California 94941
(Address of principal executive offices and Zip Code)

 

(415) 389-7373
(Registrant’s telephone number, including area code)

 

Not Applicable
(Former name or former address, if changed since last report)

 

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class Trading symbol(s) Name of each exchange on which registered
Common stock, par value $0.01 per share RWT New York Stock Exchange

 

 

 

 

Item 8.01. Other Events.

 

On September 14, 2021, Redwood Trust, Inc. (the “Company”) provided a Company update at its Investor Day conference with presentations from Redwood’s senior leadership team. Among other information, the Company provided an update with respect to GAAP book value per share, noting a preliminary estimate, as of August 31, 2021, of an increase of approximately 3.5% from GAAP book value per share at June 30, 2021.

 

The foregoing estimate reflects our preliminary estimate with respect to book value per share through August 31, 2021. This estimate is based on information currently available to management, and may vary from our actual financial results as of and for the quarter ended September 30, 2021. This estimate should not be viewed as a substitute for full interim financial statements prepared in accordance with GAAP, and is not necessarily indicative of the results to be achieved for the quarter ended September 30, 2021 or any future period. While we believe that this preliminary estimate is based on reasonable assumptions and information currently available to us, actual results may vary, and such variations may be material.

 

 

 

 

SIGNATURES

  

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

  

Date:  September 16, 2021 REDWOOD TRUST, INC.
   
     
  By: /s/ Brooke E. Carillo
    Name:  Brooke E. Carillo 
    Title:    Chief Financial Officer