Jack J. Ross - 05 Mar 2025 Form 4 Insider Report for Ready Capital Corp (RC)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
06 Mar 2025, 16:30:18 UTC
Prior SEC filing
10 Nov 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jack J. Ross, by Misbah Mohiuddin, his Attorney-in-fact

Key filing fact

Jack J. Ross filed Form 4 for Ready Capital Corp (RC) on 06 Mar 2025.

Key facts

  • This page summarizes Jack J. Ross's Form 4 filing for Ready Capital Corp (RC).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 06 Mar 2025, 16:30.

Change

  • Previous filing in this sequence was filed on 10 Nov 2021.
  • Current net transaction value: +$24,245.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

RC transaction

Common Stock

Purchase

Transaction value
$24,245
Shares
+5,000
Change %
+3.2%
Price
$4.85
Shares after
160,264
Date
05 Mar 2025
Ownership
Direct
Footnotes
F1, F2
RC holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
155,264
Date
05 Mar 2025
Ownership
By Robin J. Ross 2009 Trust
Footnotes
F3
RC holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
73,407
Date
05 Mar 2025
Ownership
By Waterfall
Footnotes
F4, F5
* 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

The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $4.845 to $4.85. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote (1) to this Form 4.

Footnote F2

The Reporting Person owns the shares of Common Stock of the Issuer through the Mr. Jack J. Ross and Mrs. Robin J. Ross JTWROS, a joint tenant account of the Reporting Person and his wife.

Footnote F3

The Reporting Person owns the shares of Common Stock of the Issuer through the Robin J. Ross 2009 Trust. The Reporting Person does not serve as the trustee for the trust and the Reporting Person's wife is the trustee and sole beneficiary of the trust. The trustee of the trust has sole voting and investment power with respect to the securities held by the trust.

Footnote F4

These shares represent the 73,407 shares of Common Stock of the Issuer out of the 241,691 and 8,869 total shares of Common Stock owned by Waterfall Asset Management, LLC (the "Manager") and its affiliate, Waterfall Management, LLC ("WM" and together with the Manager, "Waterfall"), respectively, based on the Reporting Person's percentage of direct ownership interests in Waterfall.

Footnote F5

WM serves as the general partner of Sutherland REIT Holdings, LP (the "Partnership") and may be deemed to be the beneficial owner of the shares of Common Stock that are held by the Partnership. In addition, the Reporting Person is a principal of the Manager and may be deemed to share voting and investment power over the 7,034,717 shares of Common Stock held by the Partnership.

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