Eagle Point Income Co Inc. 8-K

What Happened Eagle Point Income Co., in a Form 8-K filed Feb. 26, 2026, announced it has elected to redeem in full the 4,173,076 outstanding shares of its 8.00% Series C Term Preferred Stock due 2029 and instructed the redemption agent to notify holders. The company expects the redemption to be completed on April 6, 2026. The redemption agent named in the filing is Equiniti Trust Company, LLC. The filing also states that it does not itself constitute the formal notice of redemption to holders.

Key Details

• Redemption Date (expected): April 6, 2026.
• Shares to be redeemed: 4,173,076 outstanding shares of 8.00% Series C Term Preferred Stock.
• Redemption price: $25.00 per share plus all unpaid dividends and distributions accumulated to, but excluding, the Redemption Date (without interest).
• Redemption agent: Equiniti Trust Company, LLC. Filing date: February 26, 2026.

Why It Matters This action will retire the entire Series C preferred issue and will remove the associated dividend obligation after the redemption date (aside from accumulated unpaid dividends paid at redemption). For holders of the Series C shares, it means they should expect to receive $25 per share plus any unpaid accumulated dividends upon redemption; they should watch for the formal notice from the redemption agent for exact instructions and timing. For common shareholders and prospective investors, the redemption reduces outstanding preferred claims and alters the company’s capital structure, which can affect future dividend flexibility and financing capacity.