[Form 4] Two Harbors Investment Corp. Insider Trading Activity
Nicholas Letica, Chief Investment Officer of Two Harbors Investment Corp. (TWO), reported a sale of 8,654 shares of common stock on 08/18/2025 at $10.02 per share. The sale reduced his beneficial ownership to 160,281 shares. The filing states the shares were sold to satisfy income tax liabilities resulting from the vesting of previously granted restricted stock units, and the transaction was effected under trading instructions entered on August 18, 2022 pursuant to a Rule 10b5-1 plan. The Form 4 is signed and filed by the reporting person.
Nicholas Letica, Chief Investment Officer di Two Harbors Investment Corp. (TWO), ha comunicato la vendita di 8.654 azioni ordinarie il 18/08/2025 al prezzo di $10,02 per azione. Dopo la cessione il suo possesso effettivo 猫 sceso a 160.281 azioni. La dichiarazione precisa che le azioni sono state vendute per coprire imposte sul reddito dovute alla maturazione di restricted stock units precedentemente assegnate e che l鈥檕perazione 猫 stata eseguita in base a istruzioni di negoziazione inserite il 18 agosto 2022 nell鈥檃mbito di un piano conforme alla Rule 10b5-1. Il Modulo 4 猫 firmato e depositato dal soggetto che effettua la comunicazione.
Nicholas Letica, Director de Inversiones (CIO) de Two Harbors Investment Corp. (TWO), notific贸 la venta de 8.654 acciones ordinarias el 18/08/2025 a $10,02 por acci贸n. Tras la venta, su participaci贸n beneficiaria se redujo a 160.281 acciones. La presentaci贸n indica que las acciones se vendieron para cubrir obligaciones fiscales derivadas de la consolidaci贸n de restricted stock units previamente otorgadas, y que la operaci贸n se ejecut贸 siguiendo instrucciones de negociaci贸n ingresadas el 18 de agosto de 2022 en el marco de un plan conforme a la Regla 10b5-1. El Formulario 4 est谩 firmado y presentado por la persona que informa.
Nicholas Letica, Two Harbors Investment Corp.(TWO) 斓滉碃韴瀽毂呾瀯鞛�(CIO)電� 2025雲� 8鞗� 18鞚� 氤错喌欤� 8,654欤茧ゼ 欤茧嫻 $10.02鞐� 毵る弰頄堧嫟瓿� 氤搓碃頄堨姷雼堧嫟. 頃措嫻 毵る弰搿� 攴胳潣 鞁れ唽鞙� 歆�攵勳潃 160,281欤�搿� 臧愳唽頄堨姷雼堧嫟. 鞝滌稖靹滊鞐愲姅 鞚� 欤检嫕霌れ澊 鞚挫爠鞐� 攵�鞐悳 鞝滍暅欤检嫕(RSU)鞚� 頇曥爼鞙茧 氚滌儩頃� 靻岆摑靹� 雮╇秬毳� 鞙勴暣 毵る弰霅橃棃鞙茧┌, 頃措嫻 瓯半灅電� 2022雲� 8鞗� 18鞚检棎 觳搓舶霅� Rule 10b5-1 頂岆灉鞐� 霐半ジ 瓯半灅歆�鞁滊 鞁ろ枆霅橃棃雼り碃 氇呾嫓霅橃柎 鞛堨姷雼堧嫟. Form 4電� 氤搓碃鞚胳澊 靹滊獏頃橃棳 鞝滌稖頄堨姷雼堧嫟.
Nicholas Letica, directeur des investissements (CIO) de Two Harbors Investment Corp. (TWO), a d茅clar茅 la vente de 8 654 actions ordinaires le 18/08/2025 au prix de 10,02 $ par action. Cette cession a r茅duit sa d茅tention effective 脿 160 281 actions. La d茅claration pr茅cise que les actions ont 茅t茅 vendues pour couvrir des imp么ts sur le revenu r茅sultant de la consolidation d'unit茅s d'actions restreintes (restricted stock units) pr茅c茅demment attribu茅es, et que la transaction a 茅t茅 effectu茅e conform茅ment aux instructions de n茅gociation saisies le 18 ao没t 2022 dans le cadre d'un plan conforme 脿 la r猫gle 10b5-1. Le formulaire 4 est sign茅 et d茅pos茅 par la personne d茅clarante.
Nicholas Letica, Chief Investment Officer von Two Harbors Investment Corp. (TWO), meldete am 18.08.2025 den Verkauf von 8.654 Stammaktien zu je $10,02. Durch den Verkauf verringerte sich sein wirtschaftlicher Besitz auf 160.281 Aktien. Die Meldung gibt an, dass die Aktien zum Ausgleich von Einkommenssteuerverpflichtungen infolge der Aus眉bung zuvor gew盲hrter Restricted Stock Units verkauft wurden und die Transaktion auf Grundlage von Handelsanweisungen ausgef眉hrt wurde, die am 18. August 2022 im Rahmen eines Rule鈥�10b5鈥�1鈥慞lans erteilt wurden. Das Formular 4 ist vom meldepflichtigen Unternehmen unterzeichnet und eingereicht worden.
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Insights
TL;DR: Routine insider sell to cover taxes via a pre-established 10b5-1 plan; shows compliance with reporting rules.
The sale of 8,654 shares at $10.02 appears to be a mechanical disposition to satisfy tax obligations from RSU vesting rather than an ad-hoc liquidity event. The explicit reference to trading instructions dated August 18, 2022 and reliance on Rule 10b5-1 supports an affirmative defense against claims of opportunistic timing. From a governance perspective, this is a standard, transparent disclosure that aligns with best practices for executive equity monetization.
TL;DR: Insider sold a small portion of holdings; transaction size is modest relative to reported post-sale ownership.
The disposed amount (8,654 shares) reduced ownership to 160,281 shares, indicating the sale represented approximately 5.1% of the pre-transaction holdings implied by these figures. Executed at $10.02 per share, the trade provides a datapoint on insider liquidity but does not, on its face, signal a change in conviction given the stated tax-driven reason. Investors should treat this as a routine, non-material insider sale unless additional context emerges.
Nicholas Letica, Chief Investment Officer di Two Harbors Investment Corp. (TWO), ha comunicato la vendita di 8.654 azioni ordinarie il 18/08/2025 al prezzo di $10,02 per azione. Dopo la cessione il suo possesso effettivo 猫 sceso a 160.281 azioni. La dichiarazione precisa che le azioni sono state vendute per coprire imposte sul reddito dovute alla maturazione di restricted stock units precedentemente assegnate e che l鈥檕perazione 猫 stata eseguita in base a istruzioni di negoziazione inserite il 18 agosto 2022 nell鈥檃mbito di un piano conforme alla Rule 10b5-1. Il Modulo 4 猫 firmato e depositato dal soggetto che effettua la comunicazione.
Nicholas Letica, Director de Inversiones (CIO) de Two Harbors Investment Corp. (TWO), notific贸 la venta de 8.654 acciones ordinarias el 18/08/2025 a $10,02 por acci贸n. Tras la venta, su participaci贸n beneficiaria se redujo a 160.281 acciones. La presentaci贸n indica que las acciones se vendieron para cubrir obligaciones fiscales derivadas de la consolidaci贸n de restricted stock units previamente otorgadas, y que la operaci贸n se ejecut贸 siguiendo instrucciones de negociaci贸n ingresadas el 18 de agosto de 2022 en el marco de un plan conforme a la Regla 10b5-1. El Formulario 4 est谩 firmado y presentado por la persona que informa.
Nicholas Letica, Two Harbors Investment Corp.(TWO) 斓滉碃韴瀽毂呾瀯鞛�(CIO)電� 2025雲� 8鞗� 18鞚� 氤错喌欤� 8,654欤茧ゼ 欤茧嫻 $10.02鞐� 毵る弰頄堧嫟瓿� 氤搓碃頄堨姷雼堧嫟. 頃措嫻 毵る弰搿� 攴胳潣 鞁れ唽鞙� 歆�攵勳潃 160,281欤�搿� 臧愳唽頄堨姷雼堧嫟. 鞝滌稖靹滊鞐愲姅 鞚� 欤检嫕霌れ澊 鞚挫爠鞐� 攵�鞐悳 鞝滍暅欤检嫕(RSU)鞚� 頇曥爼鞙茧 氚滌儩頃� 靻岆摑靹� 雮╇秬毳� 鞙勴暣 毵る弰霅橃棃鞙茧┌, 頃措嫻 瓯半灅電� 2022雲� 8鞗� 18鞚检棎 觳搓舶霅� Rule 10b5-1 頂岆灉鞐� 霐半ジ 瓯半灅歆�鞁滊 鞁ろ枆霅橃棃雼り碃 氇呾嫓霅橃柎 鞛堨姷雼堧嫟. Form 4電� 氤搓碃鞚胳澊 靹滊獏頃橃棳 鞝滌稖頄堨姷雼堧嫟.
Nicholas Letica, directeur des investissements (CIO) de Two Harbors Investment Corp. (TWO), a d茅clar茅 la vente de 8 654 actions ordinaires le 18/08/2025 au prix de 10,02 $ par action. Cette cession a r茅duit sa d茅tention effective 脿 160 281 actions. La d茅claration pr茅cise que les actions ont 茅t茅 vendues pour couvrir des imp么ts sur le revenu r茅sultant de la consolidation d'unit茅s d'actions restreintes (restricted stock units) pr茅c茅demment attribu茅es, et que la transaction a 茅t茅 effectu茅e conform茅ment aux instructions de n茅gociation saisies le 18 ao没t 2022 dans le cadre d'un plan conforme 脿 la r猫gle 10b5-1. Le formulaire 4 est sign茅 et d茅pos茅 par la personne d茅clarante.
Nicholas Letica, Chief Investment Officer von Two Harbors Investment Corp. (TWO), meldete am 18.08.2025 den Verkauf von 8.654 Stammaktien zu je $10,02. Durch den Verkauf verringerte sich sein wirtschaftlicher Besitz auf 160.281 Aktien. Die Meldung gibt an, dass die Aktien zum Ausgleich von Einkommenssteuerverpflichtungen infolge der Aus眉bung zuvor gew盲hrter Restricted Stock Units verkauft wurden und die Transaktion auf Grundlage von Handelsanweisungen ausgef眉hrt wurde, die am 18. August 2022 im Rahmen eines Rule鈥�10b5鈥�1鈥慞lans erteilt wurden. Das Formular 4 ist vom meldepflichtigen Unternehmen unterzeichnet und eingereicht worden.
FAQ
What did Two Harbors (TWO) insider Nicholas Letica do on 08/18/2025?
Why were the shares sold according to the Form 4?
Was the sale part of a planned trading arrangement?
How much did the insider receive per share?
Did the filing indicate any change in officer status or other relationships?
