NATHAN GILBERT E 4
Research Summary
AI-generated summary
Ready Capital (RC) Director Nathan Gilbert Buys Stock & Receives Award
What Happened Nathan Gilbert, a Ready Capital (RC) director, acquired stock and received an equity award. He purchased 10,000 shares on 2026-03-05 at $2.02 ($20,200) and purchased 30,000 shares on 2026-03-06 at a reported weighted average of $1.95 (total $58,410) — total cash purchases ≈ $78,610. On 2026-03-05 he was also granted 58,252 shares of restricted common stock (reported $0 acquisition cost).
Key Details
- Transaction dates: open-market purchases on Mar 5, 2026 (10,000 @ $2.02) and Mar 6, 2026 (30,000 @ $1.95 weighted avg).
- Purchase price range (for the multi-trade reporting): $1.9199 to $1.9902 (reporting person can provide per-price breakdown on request).
- Grant: 58,252 restricted shares awarded under the 2023 Equity Incentive Plan; reported acquisition value $0.
- Vesting: award vests in four equal installments on Mar 31, Jun 30, Sep 30 and Dec 31, 2026.
- Shares owned after the transactions: not specified in the filing.
- Filing: Form 4 filed 2026-03-09; timing is within the required two-business-day window (timely).
Context
- Purchases (code P) are straightforward open-market buys; awards (code A) are restricted stock grants. The restricted shares are subject to future vesting dates and are not immediately free-trading.
- No options were exercised, no sales or gifts were reported. The filing does not indicate 10% owner status.