BlackRock (RC) Discloses 8.0% Beneficial Stake in Ready Capital Shares

Rhea-AI Filing Summary

BlackRock, Inc. has filed an amended ownership report showing it beneficially owns 13,045,875 shares of Ready Capital Corporation common stock, representing 8.0% of the class as of the event date. BlackRock reports sole voting power over 12,690,943 shares and sole dispositive power over 13,045,875 shares, with no shared voting or dispositive power.

The filing explains that these holdings are aggregated across certain BlackRock business units, while other units’ holdings are disaggregated. Various underlying clients and investors have the right to receive dividends or sale proceeds from Ready Capital shares, but no single person has more than 5% of the outstanding common stock. BlackRock certifies that the shares are held in the ordinary course of business and not for the purpose of changing or influencing control of Ready Capital.

Insights

Equity ownership & governance analyst

BlackRock reports an 8% passive stake in Ready Capital common stock.

BlackRock, Inc. discloses beneficial ownership of 13,045,875 Ready Capital common shares, equal to 8.0% of the class as of the triggering event. It has sole voting power over 12,690,943 shares and sole dispositive power over 13,045,875 shares, indicating centralized decision-making authority within designated BlackRock business units.

The filing states the position is held "in the ordinary course of business" and not for the purpose of changing or influencing control, which characterizes the stake as passive rather than activist. Economic benefits, such as dividends or sale proceeds, ultimately accrue to various underlying clients, with no single client holding more than 5% of Ready Capital’s outstanding common stock.

Because this is an ownership disclosure rather than a corporate action by Ready Capital, it primarily informs investors about concentration of holdings. Subsequent ownership reports may show changes in BlackRock’s percentage, but any impact on Ready Capital will depend on future portfolio decisions by BlackRock and its clients.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 6)

Ready Capital Corporation

(Name of Issuer)

Common Stock

(Title of Class of Securities)

75574U101

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 75574U101

1

Names of Reporting Persons

BlackRock, Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 12,690,943.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 13,045,875.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

13,045,875.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

8.0 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Ready Capital Corporation
(b)	Address of issuer's principal executive offices: 1251 AVENUE OF THE AMERICAS 50TH FLOOR NEW YORK NY 10020
Item 2.
(a)	Name of person filing: BlackRock, Inc. In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units (collectively, the "Reporting Business Units") of BlackRock, Inc. and its subsidiaries and affiliates. It does not include securities, if any, beneficially owned by other business units whose beneficial ownership of securities are disaggregated from that of the Reporting Business Units in accordance with such release.
(b)	Address or principal business office or, if none, residence: BlackRock, Inc., 50 Hudson Yards New York, NY 10001
(c)	Citizenship: See Item 4 of Cover Page
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 75574U101
Item 4.	Ownership
(a)	Amount beneficially owned: 13045875
(b)	Percent of class: 8.0 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 12690943
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 13045875
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. Various persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the common stock of Ready Capital Corporation. No one person's interest in the common stock of Ready Capital Corporation is more than five percent of the total outstanding common shares.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See Exhibit 99
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

BlackRock, Inc.

Signature:	Spencer Fleming
Name/Title:	Managing Director
Date:	01/08/2026

Exhibit Information

Exhibit 24: Power of Attorney Exhibit 99: Item 7

FAQ

How many Ready Capital (RC) shares does BlackRock beneficially own?

BlackRock, Inc. reports beneficial ownership of 13,045,875 shares of Ready Capital common stock. This is the aggregate amount across certain reporting business units described in the filing.

What percentage of Ready Capital (RC) does BlackRock’s stake represent?

BlackRock states that its beneficial ownership of Ready Capital common stock represents 8.0% of the class, based on the shares outstanding used in the report.

How much voting and dispositive power does BlackRock have over RC shares?

BlackRock reports sole voting power over 12,690,943 Ready Capital shares and sole dispositive power over 13,045,875 shares. It reports no shared voting or dispositive power.

Is BlackRock’s Ready Capital (RC) position an activist or control-seeking stake?

No. BlackRock certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Ready Capital, nor in connection with any transaction having that purpose or effect.

Who ultimately benefits from dividends and sale proceeds on BlackRock’s RC holdings?

The filing notes that various persons have the right to receive dividends or sale proceeds from the Ready Capital shares held by BlackRock-managed accounts. It also states that no one person’s interest exceeds 5% of Ready Capital’s total outstanding common shares.

How does BlackRock aggregate Ready Capital (RC) holdings across its business units?

The report explains that it reflects securities beneficially owned, or deemed beneficially owned, by certain Reporting Business Units of BlackRock and its affiliates. It excludes securities, if any, beneficially owned by other business units whose holdings are disaggregated under SEC guidance.