Ahlborn Andrew 4

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.