Ellington Financial (EFC) Director Stephen J. Dannhauser Receives Award

What Happened

• Stephen J. Dannhauser, a director of Ellington Financial Inc. (EFC), was granted 10,181 OP LTIP Units (a non-voting, derivative limited‑liability interest in the operating partnership) on September 9, 2026. The award was issued with $0 consideration (reported price $0.00), so no cash was paid. The grant is reported as an award/grant (code A).

Key Details

• Transaction date: 2026-09-09; Form 4 filed: 2026-09-10 (filed the business day after the grant).
• Amount: 10,181 OP LTIP Units; reported price per unit: $0.00; total reported value: $0.
• Shares/units owned after transaction: Not specified in the filing.
• Footnotes: F1 — OP LTIP Units are a separate non‑voting class of LLC interests in Ellington Financial Operating Partnership LLC. F2 — The 10,181 units remain forfeitable until September 8, 2027 and may convert one‑for‑one into Common Units, which (subject to conditions) are redeemable for Company common shares or cash; units issued under the 2026 Equity Incentive Plan.
• Filing timeliness: Filing date indicates the report was submitted the business day after the grant (not marked late).

Context

• This is a derivative award (restricted/forfeitable LTIP units), not an open‑market purchase or sale. Such grants are typically part of director compensation and vest over time; they do not by themselves signal an immediate cash investment or sale. Upon vesting, the units can convert to common units and possibly to common shares or cash per company terms.