<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0206</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2025-04-01</periodOfReport>

    <noSecuritiesOwned>1</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001465128</issuerCik>
        <issuerName>STARWOOD PROPERTY TRUST, INC.</issuerName>
        <issuerTradingSymbol>STWD</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001662895</rptOwnerCik>
            <rptOwnerName>Pollack Jonathan Lee</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O STARWOOD PROPERTY TRUST, INC.</rptOwnerStreet1>
            <rptOwnerStreet2>2340 COLLINS AVENUE</rptOwnerStreet2>
            <rptOwnerCity>MIAMI BEACH</rptOwnerCity>
            <rptOwnerState>FL</rptOwnerState>
            <rptOwnerZipCode>33139</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>true</isDirector>
        </reportingOwnerRelationship>
    </reportingOwner>

    <ownerSignature>
        <signatureName>/s/ Jonathan Lee Pollack</signatureName>
        <signatureDate>2025-04-10</signatureDate>
    </ownerSignature>
</ownershipDocument>
