Ahlborn Andrew 4
4 · Ready Capital Corp · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Ready Capital (RC) CFO Andrew Ahlborn Sells Shares for Tax Withholding
What Happened Andrew Ahlborn, Chief Financial Officer of Ready Capital Corp (RC), had company stock withheld to satisfy tax-withholding obligations related to vested equity awards. On December 24, 2025, 25,248 shares were withheld at $2.23 per share (value $56,303). On March 13, 2026, 27,950 shares were withheld at $1.74 per share (value $48,633). Combined, approximately 53,198 shares were disposed to cover taxes for a total of about $104,936. These are routine tax-withholding dispositions (transaction code F), not open-market sell orders.
Key Details
- Transaction dates and prices:
- 2025-12-24: 25,248 shares @ $2.23 — $56,303 (footnote F2 = closing price on 12/23/2025)
- 2026-03-13: 27,950 shares @ $1.74 — $48,633 (footnote F4 = closing price on 3/13/2026)
- Shares owned after the transactions: Not specified in the provided filing.
- Notable footnotes:
- F1/F3: Shares were withheld by the issuer (with Board approval) to satisfy tax withholding for vested awards (grants dated Feb 3, 2025; Feb 22, 2025; Feb 22, 2024; Feb 12, 2023).
- F2/F4: Prices reported reflect closing prices on the noted dates.
- Filing: Form 4 filed March 17, 2026 (includes the Dec 24, 2025 and Mar 13, 2026 transactions). The Dec 24 transaction appears to be reported after the typical two-business-day disclosure window for insider trades.
Context These transactions are tax-withholding dispositions arising from the vesting of previously granted shares. Such withholdings are routine administrative actions (coded F) and do not necessarily indicate the insider’s view on the company’s stock. Exhibit 24.1 (Power of Attorney dated March 17, 2026) is attached to the filing.
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2]2025-12-24$2.23/sh−25,248$56,303→ 1,176,822 total - Tax Payment
Common Stock
[F3][F4]2026-03-13$1.74/sh−27,950$48,633→ 1,148,872 total
Footnotes (4)
- [F1]Consists of shares of Common Stock withheld by the Issuer, with approval of the Issuer's Board of Directors, in order to satisfy the tax withholding obligation of the reporting person in connection with the vesting of shares of Common Stock granted on February 3, 2025.
- [F2]Represents the closing price of the Common Stock on December 23, 2025.
- [F3]Consists of shares of Common Stock withheld by the Issuer, with approval of the Issuer's Board of Directors, in order to satisfy the tax withholding obligation of the reporting person in connection with the vesting of shares of Common Stock granted on February 22, 2025, February 22, 2024 and February 12, 2023.
- [F4]Represents the closing price of the Common Stock on March 13, 2026.