February 22, 2024 · Form 4 insider transaction
Mayfield Pinkie Dent bought 12,693 shares of Ready Capital Corporation at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.
On February 22, 2024, the reporting person was awarded 12,693 Restricted Stock Units ("RSUs") under the Ready Capital Corporation 2023 Equity Incentive Plan, which represent the right to receive one share of Common Stock of the Issuer for each RSU at vesting or, at the election of the reporting person, a deferred settlement date. The RSUs will vest in equal installments of one-quarter on March 31, 2024, June 30, 2024, September 30, 2024 and December 31, 2024. The reporting person will receive dividend equivalent rights on unvested RSUs from the grant date payable in cash in an amount equal to the cash dividend distributions paid on a share of Common Stock of the Issuer.