Form 4 for EFC Ellington Financial Inc.
Accepted 2026-01-05 00:00:00 ET · period of report 2025-12-31 · accession 0001628280-26-000494 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2026-01-05 | 2025-12-31 | EFC | Mumford Lisa | Dir | A - Grant | $0.00 | +7,657 | 88.8K | +9% | $0 |
| D | 2026-01-05 | 2025-12-31 | EFC | Mumford Lisa | Dir | M - OptEx | $0.00 | -7,657 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-12-31 | A | A | 7,657 | $0.00 | 88,773 | D | — | — | (F1) On December 31, 2025, Ms. Mumford converted 7,657 OP LTIP Units (as defined below) that were previously granted to her on December 14, 2023 pursuant to, and are subject to the terms and conditions of Ellington Financial Inc.'s (the "Company") 2017 Equity Incentive Plan (the "Plan"), into 7,657 shares of common stock of the Company, $0.001 par value per share (the "Common Shares"). (F2) Upon issuance, the 7,657 OP LTIP Units remained forfeitable, subject to Ms. Mumford's continued service as a member of the board of directors of the Company, until September 12, 2024. Once the vesting restrictions lapsed, the OP LTIP Units have been able to be converted, at the election of the holder, or at any time at the election of the Company, into limited liability company interests of Ellington Financial Operating Partnership LLC (the "Operating Partnership, the operating partnership of the Company, designated as common units ("Common Units") on a one-for-one basis. Subject to certain conditions, the Common Units have been redeemable by the holder for an equivalent number of Common Shares or for the cash value of such Common Shares, at the Company's election. The OP LTIP Units were previously issued pursuant to, and are subject to the terms and conditions of the Plan. The rights to convert OP LTIP Units into Common Units and redeem such Common Units do not have expiration dates. |
| 2 | Derivative | OP LTIP Units | 2025-12-31 | M | D | 7,657 | $0.00 | 0 | D | — · — to — | 7,657 Common Units | (F3) Represents a separate non-voting class of limited liability company interests ("OP LTIP Units") of the Operating Partnership. (F4) Represents the conversion of outstanding vested OP LTIP Units into Common Units and the redemption of the Common Units for Common Shares pursuant to the terms thereof. The conversion and redemption do not represent or involve a disposition for value. The rights to convert OP LTIP Units into Common Units and redeem such Common Units do not have expiration dates. (F1) On December 31, 2025, Ms. Mumford converted 7,657 OP LTIP Units (as defined below) that were previously granted to her on December 14, 2023 pursuant to, and are subject to the terms and conditions of Ellington Financial Inc.'s (the "Company") 2017 Equity Incentive Plan (the "Plan"), into 7,657 shares of common stock of the Company, $0.001 par value per share (the "Common Shares"). |