Andrew P. Stone
Net Worth
Last updated:
What is Andrew P. Stone net worth?
The estimated net worth of Mr. Andrew P. Stone is at least $10,723,610 as of 23 Dec 2024. He owns shares worth $910,000 as insider, has earned $259,210 from insider trading and has received compensation worth at least $9,554,400 in Redwood Trust, Inc..
What is the salary of Andrew P. Stone?
Mr. Andrew P. Stone salary is $796,200 per year as Chief Legal Officer in Redwood Trust, Inc..
How old is Andrew P. Stone?
Mr. Andrew P. Stone is 54 years old, born in 1971.
What stocks does Andrew P. Stone currently own?
As insider, Mr. Andrew P. Stone owns shares in one company:
Company | Title | Shares | Price per share | Total value |
---|---|---|---|---|
Redwood Trust, Inc. (RWT) | Chief Legal Officer | 149,671 | $6.08 | $910,000 |
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.
Andrew P. Stone insider trading
Redwood Trust, Inc.
Mr. Andrew P. Stone has made 14 insider trades between 2013-2024, according to the Form 4 filled with the SEC. Most recently he sold 13,844 units of RWT stock worth $89,931 on 23 Dec 2024.
The largest trade he's ever made was exercising 37,047 units of RWT stock on 19 Dec 2018. As of 23 Dec 2024 he still owns at least 149,671 units of RWT stock.
Redwood Trust key executives
Redwood Trust, Inc. executives and other stock owners filed with the SEC:
- Mr. Andrew P. Stone (54) Chief Legal Officer
- Mr. Christopher J. Abate (45) Chief Executive Officer & Director
- Mr. Collin Lee Cochrane CPA (48) Chief Accounting Officer
- Mr. Dashiell I. Robinson (45) Pres & Director
- Mr. Fred J. Matera (61) MD & Head of Residential
- Mr. Shoshone A. Stern (47) Managing Director of Portfolio Strategy & Risk
- Ms. Sasha G. Macomber (56) Chief Human Resource Officer