Mielle Dominique 4

What Happened

• Mielle Dominique, a director of Ready Capital Corporation (RC), was awarded 58,252 Restricted Stock Units (RSUs) on March 5, 2026. The RSUs are recorded at a grant price of $0.00 (total reported value $0) and represent the right to receive one share of common stock per RSU at vesting or on a deferred settlement date if elected.
• This is an equity award (compensation/grant), not an open-market purchase or sale; it does not indicate an immediate cash transaction or share sale.

Key Details

• Transaction date: March 5, 2026; filing date: March 9, 2026 (Form 4 accession 0001628280-26-016120).
• Reported acquisition: 58,252 RSUs at $0.00 per unit (code A — award/grant).
• Vesting schedule: RSUs vest in four equal installments — March 31, 2026; June 30, 2026; September 30, 2026; December 31, 2026.
• Dividend equivalents: Reporting person will receive cash dividend equivalent rights on unvested RSUs equal to cash dividends paid on shares.
• Settlement election: Reporting person may elect deferred settlement instead of receiving shares at vesting.
• Shares owned after transaction: Not specified in the provided filing details.
• No notation of tax withholding, 10b5-1 plan, or other special codes in the provided information.

Context

• RSU grants are a common form of executive/director compensation intended to align interests with shareholders; they are not the same as an outright market purchase and do not necessarily signal immediate trading intent.
• The award will convert to actual shares only as the RSUs vest (or on a deferred settlement date if elected). Dividend equivalents are paid in cash on unvested RSUs rather than in additional stock.