Ready Capital (NYSE: RC) shareholders approve directors, pay and equity plan
Rhea-AI Filing Summary
Ready Capital Corporation held its annual meeting of stockholders on July 17, 2026 via a virtual format, where stockholders elected all seven director nominees to serve until the 2027 annual meeting.
Stockholders ratified the appointment of Deloitte & Touche LLP as independent registered public accounting firm with 105,104,898 votes for, approved on an advisory basis the compensation of named executive officers with 64,840,514 votes for, and approved and adopted the Amended and Restated 2023 Equity Incentive Plan with 68,412,042 votes for.
Positive
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Negative
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8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
Votes for Dominique Mielle: 69,324,618 votes
Votes for J. Mitchell Reese: 55,466,075 votes
Auditor ratification votes for: 105,104,898 votes
+3 more
6 metrics
Votes for Dominique Mielle
69,324,618 votes
Director election at 2026 annual meeting
Votes for J. Mitchell Reese
55,466,075 votes
Director election at 2026 annual meeting
Auditor ratification votes for
105,104,898 votes
Ratification of Deloitte & Touche LLP for 2026 fiscal year
Say-on-pay votes for
64,840,514 votes
Advisory approval of named executive officer compensation
Equity plan approval votes for
68,412,042 votes
Approval of Amended and Restated 2023 Equity Incentive Plan
Broker non-votes on proposals 1, 3, 4
34,899,114 broker non-votes
Recorded on director, say-on-pay, and equity plan proposals
Key Terms
broker non-votes, independent registered public accounting firm, Equity Incentive Plan, emerging growth company
4 terms
broker non-votes financial
"Votes For, Votes Withheld, Broker Non-Votes for director elections"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
independent registered public accounting firm financial
"ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
Equity Incentive Plan financial
"approved and adopted the Amended and Restated Ready Capital Corporation 2023 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
emerging growth company financial
"Emerging growth company status referenced under Exchange Act definitions"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Ready Capital (RC) stockholders vote on at the July 17, 2026 annual meeting?
Stockholders voted on director elections, auditor ratification, executive compensation, and an amended equity plan. All seven directors were elected, Deloitte & Touche LLP was ratified, say-on-pay passed, and the Amended and Restated 2023 Equity Incentive Plan was approved.
Were all director nominees elected at Ready Capital (RC) in 2026 and how strong was support?
All seven director nominees were elected to serve until the 2027 annual meeting. Votes for individual directors ranged from 55,466,075 for J. Mitchell Reese to 69,324,618 for Dominique Mielle, alongside 34,899,114 broker non-votes recorded for each director election.
What happened with Ready Capital (RC)’s 2023 Equity Incentive Plan amendment?
Stockholders approved and adopted the Amended and Restated Ready Capital Corporation 2023 Equity Incentive Plan. The proposal received 68,412,042 votes for, 4,841,021 against, 640,741 abstentions, and 34,899,114 broker non-votes, allowing the company to proceed under the revised equity plan terms.