Ready Capital Corp — Director's Dealing 2025

Feb 25, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ready Capital Corp (RC)
CIK: 0001527590
Period of Report: 2025-02-22

Reporting Person: Zausmer Adam (Chief Credit Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-02-22	Common Stock	A	89286	—	Acquired	287151	Direct
2025-02-22	Common Stock	F	6778	$6.72	Disposed	280373	Direct
2025-02-22	Common Stock	M	19894	—	Acquired	300267	Direct
2025-02-22	Common Stock	F	9162	$6.72	Disposed	291105	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-02-22	Performance Stock Units	$	M	19894	Disposed		Common Stock (19894)	Direct

Footnotes

F1: On February 22, 2025, the reporting person was awarded 89,286 shares of restricted Common Stock under the Ready Capital Corporation 2023 Equity Incentive Plan. The shares will vest in equal installments of one-third on February 22, 2026, February 22, 2027 and February 22, 2028.

F2: 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, 2024.

F3: Represents the closing price of the Common Stock on February 21, 2025.

F4: Reflects performance stock units ("PSUs") earned on February 22, 2025, under the Ready Capital Corporation 2013 Equity Incentive Plan, which represent the right to receive one share of Common Stock of the Issuer for each PSU at vesting. All of the PSUs earned converted to fully-vested shares of Common Stock on February 22, 2025.

F5: 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 PSUs as described in footnote (4) hereof.