Current Report Filing (8-k)
April 10 2023 - 7:09AM
Edgar (US Regulatory)
0001465128
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0001465128
2023-04-06
2023-04-06
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
April 6, 2023
Starwood Property Trust, Inc.
(Exact name of registrant as specified in
its charter)
Maryland
(State or other jurisdiction of
incorporation) |
|
001-34436
(Commission File Number) |
|
27-0247747
(IRS Employer Identification No.) |
591 West Putnam Avenue Greenwich, CT |
|
06830 |
(Address of principal executive offices) |
|
(Zip Code) |
Registrant’s telephone number, including
area code: (203) 422-7700
(Former name or former address, if changed
since last report.)
Check the appropriate box below if the Form 8-K filing
is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ¨ | Written communications pursuant to Rule 425 under
the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under
the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under
the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under
the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of
the Act:
Title of each class |
Trading
Symbol(s) |
Name of each exchange on which
registered |
Common stock, $0.01 par value per share |
STWD |
New York Stock Exchange |
Indicate by check mark whether the
registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this
chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging
growth company ¨
If an emerging
growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with
any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
| Item 5.02. | Departure of Directors
or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers |
On April 6, 2023, the Board of Directors (the
“Board”) of Starwood Property Trust, Inc. (the “Company”) increased the size of the Board from eight to nine
directors and appointed Deborah L. Harmon to serve as a member of the Board.
Ms. Harmon, age 63, is the Co-Founder and
Chief Executive Officer of Artemis Real Estate Partners, LLC, a real estate investment firm with more than $9 billion of capital raised
since inception across core, core plus, value-add and opportunistic strategies. Ms. Harmon currently serves as Chairperson of the
Pension Real Estate Association Foundation, as a director of Urban Alliance and Seizing Every Opportunity, as a member of the Advisory
Council for the NYU Stern Center for Business and Human Rights, and as a member of the Council on Foreign Relations. Ms. Harmon was
recognized in 2020 by Barron’s on its inaugural list of the 100 Most Influential Women in U.S. Finance, and was recognized by EY
as an Entrepreneur of the Year 2019 Mid-Atlantic Award winner and National Finalist. Ms. Harmon earned her bachelor’s degree
from Johns Hopkins University and a master of business administration degree from The Wharton School of the University of Pennsylvania.
As a non-executive director, Ms. Harmon will
receive compensation in the same manner as the Company’s other non-executive directors. For a description of the Company’s
non-executive director compensation program, see “Non-Employee Director Compensation” in the Company’s Proxy Statement
for the 2022 Annual Meeting of Stockholders, filed with the Securities and Exchange Commission on March 18, 2022.
The Company issued a press release on April 10,
2023 announcing the appointment of Ms. Harmon to the Board, a copy of which is attached as Exhibit 99.1 and is incorporated
herein by reference.
| Item 9.01. | Financial
Statements and Exhibits. |
SIGNATURE
Pursuant to the requirements of the
Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly
authorized.
Dated: April 10, 2023 |
STARWOOD PROPERTY TRUST, INC. |
|
|
|
|
By: |
/s/ Andrew J.
Sossen |
|
Name: |
Andrew J. Sossen |
|
Title: |
Chief Operating Officer and General Counsel |
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