Starwood Property Trust Announces 2024 Annual Meeting of Shareholders

Ticker: STWD · Form: DEF 14A · Filed: 2024-03-22T00:00:00.000Z

Sentiment: neutral

Topics: Proxy Statement, Annual Meeting, Executive Compensation, Independent Auditor, Corporate Governance

TL;DR

<b>Starwood Property Trust will hold its 2024 Annual Meeting virtually on May 3, 2024, with key votes on director elections, executive compensation, and auditor ratification.</b>

AI Summary

STARWOOD PROPERTY TRUST, INC. (STWD) filed a Proxy Statement (DEF 14A) with the SEC on March 22, 2024. Annual Meeting to be held virtually via live audio webcast on May 3, 2024, at 2:00 p.m. ET. Shareholders will vote to elect nine directors. Advisory vote to approve executive compensation is on the agenda. Shareholders will vote to ratify Deloitte & Touche LLP as independent auditor for the current year. Online check-in for the virtual meeting begins at 1:45 p.m. ET.

Why It Matters

For investors and stakeholders tracking STARWOOD PROPERTY TRUST, INC., this filing contains several important signals. The virtual format aims to improve communication, expand access, and reduce costs for shareholders and the company. Shareholder votes on director nominees, executive pay, and auditor ratification are critical governance matters.

Risk Assessment

Risk Level: — STARWOOD PROPERTY TRUST, INC. shows moderate risk based on this filing. The filing is a routine proxy statement (DEF 14A) and does not contain new financial or operational disclosures that would significantly alter the risk profile.

Analyst Insight

Review the director nominees, executive compensation details, and auditor ratification to inform voting decisions.

Key Numbers

Key Players & Entities

FAQ

When did STARWOOD PROPERTY TRUST, INC. file this DEF 14A?

STARWOOD PROPERTY TRUST, INC. filed this Proxy Statement (DEF 14A) with the SEC on March 22, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by STARWOOD PROPERTY TRUST, INC. (STWD).

Where can I read the original DEF 14A filing from STARWOOD PROPERTY TRUST, INC.?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by STARWOOD PROPERTY TRUST, INC..

What are the key takeaways from STARWOOD PROPERTY TRUST, INC.'s DEF 14A?

STARWOOD PROPERTY TRUST, INC. filed this DEF 14A on March 22, 2024. Key takeaways: Annual Meeting to be held virtually via live audio webcast on May 3, 2024, at 2:00 p.m. ET.. Shareholders will vote to elect nine directors.. Advisory vote to approve executive compensation is on the agenda..

Is STARWOOD PROPERTY TRUST, INC. a risky investment based on this filing?

Based on this DEF 14A, STARWOOD PROPERTY TRUST, INC. presents a moderate-risk profile. The filing is a routine proxy statement (DEF 14A) and does not contain new financial or operational disclosures that would significantly alter the risk profile.

What should investors do after reading STARWOOD PROPERTY TRUST, INC.'s DEF 14A?

Review the director nominees, executive compensation details, and auditor ratification to inform voting decisions. The overall sentiment from this filing is neutral.

How does STARWOOD PROPERTY TRUST, INC. compare to its industry peers?

Starwood Property Trust operates as a real estate investment trust (REIT).

Are there regulatory concerns for STARWOOD PROPERTY TRUST, INC.?

The filing is a DEF 14A, a definitive proxy statement filed under the Securities Exchange Act of 1934.

Industry Context

Starwood Property Trust operates as a real estate investment trust (REIT).

Regulatory Implications

The filing is a DEF 14A, a definitive proxy statement filed under the Securities Exchange Act of 1934.

What Investors Should Do

  1. Attend the virtual Annual Meeting on May 3, 2024.
  2. Review the proxy statement for details on director nominees and executive compensation.
  3. Vote on the election of directors, advisory approval of executive compensation, and ratification of the independent auditor.

Key Dates

Year-Over-Year Comparison

This is a DEF 14A filing, which is a standard proxy statement and does not represent a change from previous filings in terms of reporting frequency or type.

Filing Stats: 4,359 words · 17 min read · ~15 pages · Grade level 17.5 · Accepted 2024-03-22 16:56:21

Key Financial Figures

Filing Documents

Security Ownership of Certain Beneficial Owners, Directors and Management

Security Ownership of Certain Beneficial Owners, Directors and Management 31 HOW OUR EXECUTIVES ARE PAID 33

Executive Compensation

Executive Compensation 33 Compensation Discussion and Analysis 33 Compensation Committee Report 37 Pay Ratio Disclosure 37 Summary Compensation Table 38 Grants of Plan-Based Awards During Calendar Year Ended December 31, 2023 39 Outstanding Equity Awards at December 31, 2023 40 Stock Vested in Calendar Year Ended December 31, 2023 41 Stock Awards 41 Potential Post-Employment Payments and Payments upon Change in Control 41 Pay Versus Performance 42 Equity Compensation Plan Information 45 Proposal 2: Advisory Vote on Executive Compensation 46 Recommendation of the Board 46 TABLE OF CONTENTS OUR AUDITORS 47 Proposal 3: Ratification of Appointment of Deloitte & Touche LLP To Be The Company's Independent Registered Public Accounting Firm For The Calendar Year Ending December 31, 2024 47 Proposed Independent Registered Public Accounting Firm 47 Recommendation of the Board and its Audit Committee 47 Independent Registered Public Accounting Firm 48 Pre-Approval Policies for Services of Independent Registered Public Accounting Firm 48 Report of the Audit Committee 49 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS 50 Management Agreement 50 Grants of Equity Compensation to the Manager 53 SEREF and Related Transactions 54 Office Campus Loan Investment 54 Energy Loan 54 Other Loans 55 Lease Arrangements 55 Other Related Party Arrangements 55 Disclosure Regarding Fred Ridley 56 CMBS Securitization Trusts and Special Servicing 57 Related Party Transaction Practice 57 INFORMATION CONCERNING THE ANNUAL MEETING AND VOTING 58 Shareholders Entitled to Vote 58 Attending the Virtual Annual Meeting 58 Quorum 58 Broker Non-Vote 59 Required Vote 59 How to Vote 60 How Shares Will be Voted 60 Revocation of Proxies 61 Confidentiality of Voting 61 Tabulation of Voting Results 61 Solicitation of Proxies 61 List of Shareholders 61 Availability of Annual R

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