Form 4 for RC Ready Capital Corp
Accepted 2026-03-09 00:00:00 ET · period of report 2026-03-02 · accession 0001628280-26-016114 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2026-03-09 | 2026-03-02+ | RC | Ahlborn Andrew | CFO | A - Grant | $0.00 | +891.3K | 910.8K | +4,560% | $0 |
| D | 2026-03-09 | 2026-03-02 | RC | Ahlborn Andrew | CFO | A - Grant | $0.00 | +1.80M | 1.80M | New | $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 | 2026-03-05 | A | A | 291,262 | $0.00 | 1,202,070 | D | — | — | (F2) On March 5, 2026, the reporting person was awarded 291,262 shares of restricted Common Stock under the Ready Capital Corporation 2023 Equity Incentive Plan (the "Plan"). The shares will vest in equal installments of one-third on March 5, 2027, March 5, 2028 and March 5, 2029, conditioned upon the reporting person's continued employment (with certain exceptions). |
| 2 | Common | Common Stock | 2026-03-02 | A | A | 600,000 | $0.00 | 910,808 | D | — | — | (F1) On March 2, 2026, the reporting person was awarded a special time-based retention award of 600,000 shares of restricted Common Stock under the Plan. The shares will vest on December 31, 2028, conditioned upon the reporting person's continued employment (with certain exceptions). |
| 3 | Derivative | Performance Stock Units | 2026-03-02 | A | A | 1,800,000 | $0.00 | 1,800,000 | D | — · — to — | 1,800,000 Common Stock | (F3) Each performance stock unit represents a contingent right to receive one share of Common Stock (or an equivalent cash payment, as further described in footnote (4) below). (F4) On March 2, 2026, the reporting person was awarded a special performance-based retention award of 1,800,000 performance-based restricted stock units ("PSUs") under the Plan. The PSUs may vest in up to ten, approximately equal parts, provided that the 30-day volume weighted average price of the Common Stock equals or exceeds ten, approximately equally spaced milestones between specified points, and further conditioned upon the reporting person's continued employment (with certain exceptions). The PSUs (i) will be settled in shares of Common Stock if the stockholders of the Company approve at the 2026 annual meeting of stockholders ("2026 Annual Meeting") an amendment to the Plan to increase the pool of shares available for grant thereunder (the "Plan Amendment"), or (ii) if the Plan Amendment is not approved by the Company's stockholders at the 2026 Annual Meeting, then the PSUs will be settled in cash based upon the value per share of Common Stock on the applicable vesting date. |