Chris Smernoff - 17 Dec 2025 Form 4 Insider Report for Ellington Financial Inc. (EFC)

Role
Chief Accounting Officer
Signature
/s/ Alaael-Deen Shilleh, as attorney-in-fact for Christopher Smernoff
Issuer symbol
EFC
Transactions as of
17 Dec 2025
Net transactions value
$0
Form type
4
Filing time
19 Dec 2025, 16:49:53 UTC
Previous filing
02 Jan 2025
Next filing
05 Jan 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Smernoff Chris Chief Accounting Officer 53 FOREST AVENUE, OLD GREENWICH /s/ Alaael-Deen Shilleh, as attorney-in-fact for Christopher Smernoff 19 Dec 2025 0001732958

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EFC OP LTIP Units Award $0 +18,209 +22% $0.000000 100,366 17 Dec 2025 Common Units 18,209 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a separate non-voting class of limited liability company interests ("OP LTIP Units") of Ellington Financial Operating Partnership LLC (the "Operating Partnership"), the operating partnership ofEllington Financial LLC (the "Company").
F2 11,654 of the OP LTIP Units will vest on December 16, 2026 and the remaining 6,555 of the OP LTIP units will vest on December 16, 2027. The OP LTIP Units may be converted, upon lapse of the vesting restrictions described above, at the election of the holder, or at any time at the election of the Company, into limited liability company interests of the Operating Partnership designated as common units ("Common Units") on a one-for-one basis. Subject to certain conditions, the Common Units are redeemable by the holder for an equivalent number of shares of common stock of the Company, $0.001 par value per share ("Common Stock") or for the cash value of such Common Stock, at the Company's election. The OP LTIP Units were issued pursuant to, and are subject to the terms and conditions of, the Company's 2017 Equity Incentive Plan.
F3 4,372 of the OP LTIP units will vest December 12, 2026.