{
  "id": 8355210,
  "title": "Redwood Trust CEO Christopher Abate buys $383,900 in company stock",
  "url": "https://urgent.news/2026/09/19/redwood-trust-ceo-christopher-abate-buys-383-900-in-company-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-19T01:30:58.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/redwood-trust-ceo-christopher-abate-buys-383900-in-company-stock-93CH-4908027"
  },
  "original_language": "en",
  "account": "Redwood Trust CEO Christopher Abate acquired 100,000 shares of Redwood Trust common stock on September 15, 2026, for a total of $383,900. This brings Abate's direct ownership of Redwood Trust common stock to 679,283 shares. The recent stock price is close to its 52-week low of $3.22, marking a 28% decline over the past six months. Despite the drop, the stock is offering a high dividend yield of 18.27%, suggesting it may be undervalued. Redwood Trust has a long history of consistent dividend payments, with 32 years of consecutive dividends. In addition to the stock purchase, Abate received grants of Deferred Stock Units (DSUs) valued at $5.63, $6.64, and $7.79 per share. These grants will vest over time, with no expiration date. Redwood Trust reported mixed results for the second quarter of 2026, with earnings per share at $0.25, slightly below forecasted $0.26, and revenue falling 40.4% short of expectations at $56 million. Analysts from UBS and Keefe, Bruyette & Woods have adjusted their price targets and ratings for Redwood Trust, citing concerns over the legacy portfolio and recent quarterly revenue miss.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Gam CEO Jeffrey Priest buys $93,840 of preferred stock",
        "url": "https://urgent.news/2026/09/19/gam-ceo-jeffrey-priest-buys-93-840-of-preferred-stock",
        "published": "2026-09-19T03:15:57.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}