Marshall Meredith 4

What Happened Marshall Meredith, a director of Ready Capital Corporation (RC), was granted 58,252 shares of restricted common stock on March 5, 2026. The award was reported on a Form 4 filed March 9, 2026. The shares were granted at a $0 per-share acquisition price (i.e., a compensatory award rather than a market purchase).

Key Details

• Transaction date: March 5, 2026; Form 4 filed: March 9, 2026 (filed within the required two business days).
• Grant type/code: A (award/grant); shares granted: 58,252; acquisition price reported: $0.00.
• Vesting: The shares vest in four equal installments — March 31, 2026; June 30, 2026; September 30, 2026; and December 31, 2026 (per footnote).
• Plan: Award made under the Ready Capital Corporation 2023 Equity Incentive Plan.
• Shares owned following the transaction: not specified in the provided filing.

Context This was a compensatory restricted stock grant, not an open-market purchase or sale. Such awards are common for directors and are issued to align interests with shareholders; they do not represent an immediate cash outlay by the insider (acquisition price $0) and will convert to fully owned shares as they vest.