Director at Ready Capital (NYSE: RC) granted 58,252 RSUs

Rhea-AI Filing Summary

Sinai Todd M. reported acquisition or exercise transactions in this Form 4 filing.

Ready Capital Corp director Todd M. Sinai reported an equity award of 58,252 shares of Common Stock in the form of restricted stock units on March 5, 2026. The grant was made at no cash cost and increased his directly owned Common Stock to 142,520 shares.

The 58,252 RSUs were granted under the Ready Capital Corporation 2023 Equity Incentive Plan and will vest in four equal installments on March 31, 2026, June 30, 2026, September 30, 2026 and December 31, 2026. Each RSU represents the right to receive one share of Common Stock at vesting or at a deferred settlement date elected by Sinai.

On these unvested RSUs, Sinai is entitled to dividend equivalent rights from the grant date, payable in cash in an amount equal to the cash dividend paid on each share of Ready Capital Common Stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Sinai Todd M.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	58,252	$0.00	--

Holdings After Transaction: Common Stock — 142,520 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Sinai Todd M.

(Last) (First) (Middle)

C/O READY CAPITAL CORPORATION,

1251 AVENUE OF THE AMERICAS, 50TH FLOOR

(Street)

NEW YORK NY 10020

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Ready Capital Corp [ RC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/05/2026		A		58,252(1)	A	$0	142,520	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. On March 5, 2026, the reporting person was awarded 58,252 Restricted Stock Units ("RSUs") under the Ready Capital Corporation 2023 Equity Incentive Plan, which represent the right to receive one share of Common Stock of the Issuer for each RSU at vesting or, at the election of the reporting person, a deferred settlement date. The RSUs will vest in equal installments of one-quarter on March 31, 2026, June 30, 2026, September 30, 2026 and December 31, 2026. The reporting person will receive dividend equivalent rights on unvested RSUs from the grant date payable in cash in an amount equal to the cash dividend distributions paid on a share of Common Stock of the Issuer.

Remarks:

	/s/ Misbah Mohiuddin, Attorney-in-Fact	03/09/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does the Ready Capital (RC) Form 4 for Todd M. Sinai report?

The Form 4 reports that director Todd M. Sinai received an award of 58,252 restricted stock units of Ready Capital Corp Common Stock. These RSUs were granted under the 2023 Equity Incentive Plan and increase his directly owned Common Stock position to 142,520 shares after the transaction.

How many Ready Capital (RC) RSUs were granted to Todd M. Sinai and how do they convert?

Todd M. Sinai was granted 58,252 restricted stock units, each representing the right to receive one share of Ready Capital Common Stock. The shares are delivered at vesting or on a deferred settlement date that he can elect, turning the RSUs into actual Common Stock at that time.

What is the vesting schedule for Todd M. Sinai’s Ready Capital (RC) RSU award?

The 58,252 RSUs granted to Todd M. Sinai vest in four equal installments. Vesting dates are March 31, 2026, June 30, 2026, September 30, 2026, and December 31, 2026, giving him a quarterly vesting pattern throughout 2026, subject to the award terms.

How many Ready Capital (RC) shares does Todd M. Sinai own after this Form 4 transaction?

After the reported RSU award, Todd M. Sinai directly owns 142,520 shares of Ready Capital Corp Common Stock. This figure reflects his ownership immediately following the grant of 58,252 restricted stock units reported in the Form 4 insider filing.

Do Todd M. Sinai’s Ready Capital (RC) RSUs receive dividend equivalents?

Yes. The RSUs grant includes dividend equivalent rights on unvested units from the grant date, payable in cash. The cash amount equals the cash dividend distributions paid on each share of Ready Capital Common Stock for the number of RSUs he holds but which remain unvested.

Under which plan were Todd M. Sinai’s Ready Capital (RC) RSUs granted?

The 58,252 restricted stock units awarded to Todd M. Sinai were granted under the Ready Capital Corporation 2023 Equity Incentive Plan. This plan provides equity-based compensation, and in this case delivers RSUs that convert into Common Stock as they vest or upon a deferred settlement date.