Christopher J. Abate
Net Worth

Last updated:

What is Christopher J. Abate net worth?

The estimated net worth of Mr. Christopher J. Abate is at least $21,688,519 as of 23 Dec 2024. He owns shares worth $88,519 as insider and has received compensation worth at least $21,600,000 in Redwood Trust, Inc..

What is the salary of Christopher J. Abate?

Mr. Christopher J. Abate salary is $1,800,000 per year as Chief Executive Officer & Director in Redwood Trust, Inc..

How old is Christopher J. Abate?

Mr. Christopher J. Abate is 45 years old, born in 1980.

What stocks does Christopher J. Abate currently own?

As insider, Mr. Christopher J. Abate owns shares in one company:

Company Title Shares Price per share Total value
Redwood Trust, Inc. (RWT) Chief Executive Officer & Director 14,559 $6.08 $88,519

What does Redwood Trust, Inc. do?

Redwood Trust, Inc., together with its subsidiaries, operates as a specialty finance company in the United States. The company operates through three segments: Residential Mortgage Banking, Business Purpose Mortgage Banking, and Investment Portfolio. The Residential Mortgage Banking segment operates a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale, securitization, or transfer to its investment portfolio. This segment also offers derivative financial instruments to manage risks associated with residential loans. The Business Purpose Mortgage Banking segment operates a platform that originates and acquires business purpose loans, such as single-family rental and bridge loans for subsequent securitization, sale, or transfer into its investment portfolio. The Investment Portfolio segment invests in securities retained from residential and business purpose securitization activities, and residential and small-balance multifamily bridge loans, as well as residential mortgage-backed securities issued by third parties, Freddie Mac K-Series multifamily loan securitizations and reperforming loan securitizations, servicer advance investments, home equity investments, and other housing-related investments. The company qualifies as a real estate investment trust (REIT) for federal income tax purposes. As a REIT, it intends to distribute at least 90% of its taxable income as dividends to shareholders. Redwood Trust, Inc. was incorporated in 1994 and is headquartered in Mill Valley, California.

RWT logo
RWT
Redwood Trust, Inc.
$6.08

Christopher J. Abate insider trading

Redwood Trust, Inc.

Mr. Christopher J. Abate has made 4 insider trades between 2013-2024, according to the Form 4 filled with the SEC.

The largest trade he's ever made was exercising 99,229 units of RWT stock on 16 Apr 2024. As of 23 Dec 2024 he still owns at least 14,559 units of RWT stock.

Transaction Date Security Shares Price per share Total value Source
Option
Deferred Stock Units 49,441 $8.77 $433,598
Option
Common Stock 49,441 $6.77 $334,716
Option
Common Stock 99,229 $5.59 $554,690
Option
Performance Stock Units 99,229 $10.42 $1,033,966
Option
Deferred Stock Units 53,807 $16.5 $887,816
Option
Common Stock 53,807 $7.47 $401,938
Option
Deferred Stock Units 36,581 $16.18 $591,881
Option
Common Stock 36,581 $6.9 $252,409
Option
Deferred Stock Units 7,123 $16.62 $118,384
Option
Common Stock 7,123 $7.71 $54,918
Option
Deferred Stock Units 23,379 $15.19 $355,127
Option
Common Stock 23,379 $12.83 $299,953
Option
Deferred Stock Units 67 $11.11 $744
Option
Common Stock 67 $11.11 $744
Option
Deferred Stock Units 20,918 $8.77 $183,451
Option
Common Stock 20,918 $8.77 $183,451
Option
Deferred Stock Units 9,790 $7 $68,530
Option
Common Stock 9,790 $7 $68,530
Option
Performance Stock Units 27,650 N/A N/A
Option
Deferred Stock Units 20,002 N/A N/A
Option
Common Stock 47,652 N/A N/A
Option
Deferred Stock Units 11,915 N/A N/A
Option
Common Stock 57,027 N/A N/A
Option
Performance Stock Units 45,112 N/A N/A
Option
Common Stock 7,712 N/A N/A
Option
Deferred Stock Units 7,712 N/A N/A
Option
Deferred Stock Units 11,451 N/A N/A
Option
Common Stock 11,451 N/A N/A
Option
Common Stock 5,434 N/A N/A
Option
Deferred Stock Units 5,434 N/A N/A
Option
Deferred Stock Units 9,746 N/A N/A
Option
Common Stock 9,746 N/A N/A
Sale
Common Stock 7,622 N/A N/A
Option
Performance Stock Units 2,267 N/A N/A
Option
Common Stock 2,267 N/A N/A
Sale
Common Stock 1,201 N/A N/A
Sale
Common Stock 1,013 N/A N/A
Sale
Common Stock 1,013 N/A N/A
Option
Deferred Stock Units 6,374 N/A N/A
Option
Common Stock 6,374 N/A N/A
Option
Common Stock 3,851 N/A N/A
Option
Deferred Stock Units 3,851 N/A N/A
Option
Deferred Stock Units 1,094 N/A N/A
Option
Common Stock 1,094 N/A N/A

Redwood Trust key executives

Redwood Trust, Inc. executives and other stock owners filed with the SEC: