Welcome to our dedicated page for Ready Capital SEC filings (Ticker: RC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Ready Capital Corporation filings document the regulatory record for a Maryland real estate finance company with registered common stock, Series C and Series E preferred stock, and senior notes. Form 8-K reports cover operating results, supplemental financial information, investor presentations, material events, note redemptions and other capital-structure disclosures tied to the company’s commercial real estate and small business lending activities.
Form 25 notices in the record document removal from listing and registration for specified senior note classes, while annual-meeting amendments record shareholder voting matters and governance frequency decisions. The filings also identify the company’s registered securities, preferred-stock classes and debt instruments, providing formal disclosure around governance, reporting status and securities structure.
Ready Capital Corp Chief Financial Officer Andrew Ahlborn reported a series of common stock trades that resulted in a small net share increase. On May 29, 2026, he executed open-market sales totaling 2,798.78 shares at about $1.81–$1.82 per share and an open-market purchase of 2,798.78 shares at $1.82 per share. Across all reported transactions since July 2025, he bought 4,099.01 shares and sold 2,798.78 shares, a net purchase of 1,300.23 shares. Following these trades, he directly holds 1,153,109.61 Ready Capital shares. Some transactions reflect a dividend reinvestment election and others involve shares held in his IRA, and he has disgorged to Ready Capital the profit realized from the April 29, 2026 and May 29, 2026 transactions.
Ready Capital Corporation is asking stockholders to vote at a virtual annual meeting on July 17, 2026 on four key items. Stockholders will elect seven directors, ratify Deloitte & Touche LLP as independent auditor for 2026, and cast an advisory vote on executive compensation.
The company is also seeking approval of an amended and restated 2023 Equity Incentive Plan that would increase shares reserved for issuance by 15,000,000 shares. As of the April 21, 2026 record date, 165,244,071 common shares were outstanding, with each share entitled to one vote.
The proxy describes Ready Capital’s externally managed REIT structure, governance practices, board and committee composition, and a pay program tying cash bonuses and equity awards to metrics such as distributable return on equity and relative total stockholder return. It also outlines director fees and stock ownership guidelines aimed at aligning leaders with stockholders.
RC disclosed a Form 144 notice identifying proposed sales of Common stock by Fidelity Brokerage Services LLC. The filing lists historical acquisitions by the broker-dealer, including open-market purchases of 1,000 shares on 11/25/2016 and 1,400 shares on 03/19/2020, plus several dividend-reinvestment purchases in 2020–2026. The notice records transaction types (open-market purchases, dividend reinvestment) and specific trade dates; the filing excerpt does not state aggregate sale amounts or proceeds.
Ready Capital Corporation reported a sharp downturn for the quarter ended March 31, 2026, swinging to a net loss of $200.1 million from net income of $82.0 million a year earlier. The loss reflected a sizeable loan loss provision of $70.9 million versus a prior-year recovery of $109.6 million, along with net realized losses on financial instruments and real estate owned of $60.1 million.
Interest income fell to $81.7 million from $155.0 million, while non-interest income turned negative, partly because last year included a $102.5 million bargain purchase gain. Total assets declined to $6.31 billion from $7.77 billion at year-end, and total stockholders’ equity decreased to $1.44 billion as credit costs and losses accumulated. Basic earnings per common share dropped to $(1.25) compared with $0.47 in the prior-year quarter, and the common dividend was reduced to $0.01 per share from $0.125.
Ready Capital Corporation reported a challenging first quarter of 2026 as it aggressively repositioned its balance sheet. The company recorded a GAAP net loss of $200.1 million, or $(1.25) per common share, and a distributable loss of $(1.00) per share, including significant realized losses on asset sales.
Year-to-date, Ready Capital generated $1.4 billion of cash from loan sales and portfolio runoff, using this to repay over $1.1 billion of asset-level financing and retire $184 million of corporate debt. These actions reduced total assets to $6.3 billion from $7.8 billion at year-end and cut total liabilities to $4.9 billion.
Book value fell to $7.43 per common share, down from $8.79, as loan sales and credit provisions pressured equity. The core commercial real estate portfolio showed 60+ day delinquencies of 14.8%, reflecting loan sales and intensified asset management. The company ended the quarter with $200 million in cash, $730 million of unencumbered assets, total leverage of 3.0x and recourse leverage of 1.8x, and declared a quarterly dividend of $0.01 per common share.
Ready Capital Corporation filed an Amendment No. 1 to its annual report to add Part III disclosures on directors, executive compensation, governance and ownership after deciding not to file a proxy within 120 days of December 31, 2025. The company is externally managed under a fee and incentive-based Management Agreement, and only certain executives’ cash pay is reimbursed by Ready Capital. Independent directors received a $100,000 annual cash retainer plus $120,000 in equity awards in 2025, with additional committee retainers. Incentive pay for key reimbursed executives is tied to formulaic metrics such as distributable return on equity and adjusted distributable return on equity, alongside individual performance. The filing also details stock ownership guidelines, a clawback policy, insider trading and hedging restrictions, and that five of seven directors are independent. As of June 30, 2025, non-affiliate common stock had a market value of $694.7 million, and 165,219,071 common shares were outstanding as of April 27, 2026.
Ready Capital Corp filed a Form 25 to remove from listing its 6.20% Senior Notes due 2026 on the New York Stock Exchange. The Exchange states it complied with 17 CFR 240.12d2-2 procedures and Ready Capital complied with the Exchange's rules governing voluntary withdrawal.
Ready Capital Corp ownership update: The Vanguard Group filed an amendment reporting 0 shares beneficially owned of Ready Capital Corp common stock, representing 0% of the class. The filing explains an internal realignment performed on January 12, 2026 that disaggregated certain Vanguard subsidiaries' holdings. The amendment is signed on 03/27/2026.
Ready Capital Corporation plans to redeem all of its 6.20% Senior Notes due 2026. The company has issued a redemption notice stating that the notes will be redeemed on April 22, 2026 at a price equal to 100% of their principal amount plus accrued and unpaid interest to, but excluding, the redemption date.
The redemption will be carried out under the existing indenture with U.S. Bank Trust Company, National Association, as trustee, and the company states that the redemption payment will be funded with available cash.