Key facts
- This page summarizes Adam Zausmer's Form 4 filing for Ready Capital Corp (RC).
- 5 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 25 Feb 2025, 17:34.
Adam Zausmer - 22 Feb 2025 Form 4 Insider Report for Ready Capital Corp (RC)
- Reporting relationship
- Chief Credit Officer
- Issuer ticker
- RC
- Reported as of
- 22 Feb 2025
- Net transaction value
- -$107,117
- SEC form
- 4
- Accepted by SEC
- 25 Feb 2025, 17:34:55 UTC
- Prior SEC filing
- 14 Feb 2025
- Next SEC filing
- 10 Mar 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Misbah Mohiuddin, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Adam Zausmer filed Form 4 for Ready Capital Corp (RC) on 25 Feb 2025.
Change
- Previous filing in this sequence was filed on 14 Feb 2025.
- Current net transaction value: -$107,117.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
RC
transaction
Common Stock
Award
- Transaction value
- $0
- Shares
- +89,286
- Change %
- +45%
- Price
- $0.000000
- Shares after
- 287,151
- Date
- 22 Feb 2025
- Ownership
- Direct
- Footnotes
- F1
RC
transaction
Common Stock
Tax liability
- Transaction value
- $45,548
- Shares
- -6,778
- Change %
- -2.4%
- Price
- $6.72
- Shares after
- 280,373
- Date
- 22 Feb 2025
- Ownership
- Direct
- Footnotes
- F2, F3
RC
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +19,894
- Change %
- +7.1%
- Price
- $0.000000
- Shares after
- 300,267
- Date
- 22 Feb 2025
- Ownership
- Direct
- Footnotes
- F4
RC
transaction
Common Stock
Tax liability
- Transaction value
- $61,569
- Shares
- -9,162
- Change %
- -3.1%
- Price
- $6.72
- Shares after
- 291,105
- Date
- 22 Feb 2025
- Ownership
- Direct
- Footnotes
- F3, F5
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
RC
transaction
Derivative
Performance Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -19,894
- Change %
- Price
- $0.000000
- Shares after
- $0
- Date
- 22 Feb 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 19,894
- Exercise price
- Footnotes
- F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 5 footnotes
Footnote 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.
Footnote 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.
Footnote F3
Represents the closing price of the Common Stock on February 21, 2025.
Footnote 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.
Footnote 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.