Equity grant gives Ready Capital (NYSE: RC) director 58,252 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Marshall Meredith reported acquisition or exercise transactions in this Form 4 filing.
Ready Capital Corp director Marshall Meredith reported an equity award of company stock. On March 5, 2026, he was granted 58,252 shares of restricted Common Stock under the Ready Capital Corporation 2023 Equity Incentive Plan at no cash cost.
The restricted shares will vest in four equal installments on March 31, 2026, June 30, 2026, September 30, 2026 and December 31, 2026. After this grant, Meredith directly owns 98,346 shares of Ready Capital common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Marshall Meredith
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 58,252 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 98,346 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Ready Capital (RC) report for Marshall Meredith?
Marshall Meredith reported receiving 58,252 shares of restricted Ready Capital common stock as an equity award. The grant was made under the 2023 Equity Incentive Plan and involved no cash payment per share, reflecting stock-based compensation rather than an open-market purchase.
Was Marshall Meredith’s Ready Capital (RC) stock award an open-market purchase?
No, the transaction was reported as a grant or award acquisition, not an open-market purchase. The 58,252 restricted shares were issued at a reported price of $0.0000 per share under the company’s 2023 Equity Incentive Plan, reflecting compensation rather than investor buying activity.
Under which plan was the Ready Capital (RC) equity award to Marshall Meredith granted?
The 58,252 restricted Ready Capital shares were granted under the Ready Capital Corporation 2023 Equity Incentive Plan. This plan provides stock-based compensation, and the awarded shares vest in four quarterly installments from March 31, 2026 through December 31, 2026, subject to applicable conditions.