Ellington Financial Inc. 8-K
Research Summary
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Ellington Financial Inc. Redeems 6.750% Series A Preferred Stock Feb 27, 2026
What Happened Ellington Financial Inc. (EFC) filed an 8‑K on January 28, 2026 announcing it has elected to redeem all outstanding shares of its 6.750% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock. The redemption is scheduled for February 27, 2026 and will be made at the $25.00 liquidation preference per share plus accrued and unpaid dividends to, but excluding, the Redemption Date. A press release describing the redemption was furnished as Exhibit 99.1 to the filing.
Key Details
- Security: 6.750% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (Series A Preferred Stock).
- Redemption Date: February 27, 2026.
- Redemption Price: $25.00 per share (liquidation preference) plus accrued and unpaid dividends to, but excluding, the Redemption Date.
- Filing date: Current Report on Form 8‑K filed January 28, 2026; press release included as Exhibit 99.1.
Why It Matters For holders of the Series A Preferred Stock, the company will pay the $25.00 liquidation preference plus any accrued dividends and redeem the shares on the Redemption Date, which ends further dividend accruals on those shares after that date. For other investors, the redemption removes this preferred security from Ellington’s outstanding capital, and requires a cash payment by the company on the redemption date. The 8‑K provides the official notice and the terms investors can expect for settlement.