Starwood Property Trust (NYSE: STWD) President receives 11,086-share equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DiModica Jeffrey F. reported acquisition or exercise transactions in this Form 4 filing.
STARWOOD PROPERTY TRUST, INC. President Jeffrey F. DiModica received a grant of 11,086 shares of common stock as equity compensation. These restricted shares were awarded under the company’s 2022 Equity Plan and will vest in annual installments over a three-year period beginning on March 15, 2026, subject to specified conditions. Following this grant, DiModica directly holds a total of 1,302,265 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DiModica Jeffrey F.
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,086 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,302,265 shares (Direct)
Footnotes (1)
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FAQ
What did STWD President Jeffrey DiModica report in this Form 4 filing?
Jeffrey DiModica reported receiving 11,086 shares of STARWOOD PROPERTY TRUST common stock as a restricted stock award. The shares were granted as equity compensation under the 2022 Equity Plan and increase his direct holdings to 1,302,265 shares after the transaction.
Is the STWD Form 4 transaction a stock purchase or a compensation grant?
The transaction is a compensation grant, not an open-market purchase. DiModica received 11,086 restricted shares at no stated purchase price under the 2022 Equity Plan, classified in the filing with transaction code A for grant, award, or other acquisition.
What does transaction code A mean in the STWD Form 4 for Jeffrey DiModica?
Transaction code A indicates a grant, award, or other acquisition of securities, rather than a market trade. In this case, it reflects the issuance of 11,086 restricted common shares to DiModica as part of his equity compensation package under the 2022 Equity Plan.