CEO Christopher J. Abate buys $383,900 of Redwood Trust Inc (RWT)
Christopher J. Abate, chief executive, bought $383,900 of stock after a 32.4% fall. WallStPal Score 65.
Christopher J. Abate, chief executive of Redwood Trust Inc, bought 100,000 shares on the open market on September 15, 2026 at an average of $3.84 a share, for a total of $383,900. The purchase was reported to the SEC on Form 4 on September 15, 2026.
It raised their holding by 17%, to 679,283 shares.
The purchase came after a fall: Redwood Trust Inc stock was down 32.4% over the 13 weeks before.
5 other insiders also bought at least $10,000 of RWT within 30 days, which makes this a cluster buy.
In the 12 months up to this filing, Redwood Trust Inc insiders reported 3 open-market purchases and 0 sales.
WallStPal Score: 65 out of 100, because of 5 other insiders also bought; the stock had fallen 32.4% in the 13 weeks before; bought by a top executive.
It is too soon to say how the stock did afterward. This page will update as prices come in.
Source: SEC Form 4 filing ↗. This story was written automatically from the filing and weekly price data. Information, not investment advice.
Examples
Big insider purchases have made news before. In January 2016, with bank stocks falling, JPMorgan Chase CEO Jamie Dimon bought 500,000 JPMorgan shares, about $26 million of his own money, and the purchase was widely reported as a sign of confidence.
Explain it like I'm 13
Christopher J. Abate helps run Redwood Trust Inc. Spending $383,900 of their own money on the company's stock is like a coach buying a big stack of tickets to their own team's games: it suggests they think the team will do well. It is not a promise, and insiders can be wrong.
More: all RWT insider trades · Christopher J. Abate's track record