Robert B. Allardice III - Sep 11, 2024 Form 4 Insider Report for Ellington Credit Co (EARN)

Role: Director
Signature: /s/ Alaael-Deen Shilleh, as attorney-in-fact for Robert B. Allardice, III
Stock symbol: EARN
Transactions as of: Sep 11, 2024
Transactions value $: $0
Form type: 4
Date filed: 9/13/2024, 05:15 PM
Previous filing: Sep 15, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EARN	Common shares of beneficial interest	Award	$0	+14.5K	+35.1%	$0.00	55.7K	Sep 11, 2024	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The common shares of beneficial interest (the "Common Shares") were granted to the Reporting Person as an independent trustee under the Ellington Credit Company 2023 Equity Incentive Plan. 8,684 of the Common Shares vested immediately upon their granting and 5,788 of the Common Shares will vest, subject to certain limitations, on the day following the day that shareholders of Ellington Credit Company (the "Company") approve certain proposals put forward by the Company at its 2024 annual meeting of shareholders that would allow the Company to convert to a registered closed-end fund.

Content

The common shares of beneficial interest (the "Common Shares") were granted to the Reporting Person as an independent trustee under the Ellington Credit Company 2023 Equity Incentive Plan. 8,684 of the Common Shares vested immediately upon their granting and 5,788 of the Common Shares will vest, subject to certain limitations, on the day following the day that shareholders of Ellington Credit Company (the "Company") approve certain proposals put forward by the Company at its 2024 annual meeting of shareholders that would allow the Company to convert to a registered closed-end fund.