Form 4: Ready Capital Corp Director Jack J. Ross Buys 5,000 Shares

Jack J. Ross, a Director and President of Ready Capital Corp, recently purchased 5,000 shares of the company's common stock at an average price of $4.849 per share.

Summary

• On March 5, 2025, Jack J. Ross, a Director and President of Ready Capital Corp, purchased 5,000 shares of the company's common stock.
• The shares were bought at a weighted average price of $4.849, with individual transactions ranging from $4.845 to $4.85.
• Following the transaction, Ross directly owns 160,264 shares and indirectly owns 155,264 shares through the Robin J. Ross 2009 Trust and 73,407 shares through Waterfall Asset Management, LLC.
• The Robin J. Ross 2009 Trust is managed by Ross's wife, who has sole voting and investment power over the securities held by the trust.
• Ross is a principal of Waterfall Asset Management, LLC, which holds a significant number of Ready Capital Corp shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director purchasing shares suggests confidence, but the purchase is relatively small.

Positives

• A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Insider trading activity is closely monitored as it can provide insights into a company's performance and future prospects. Purchases by directors are often viewed positively.

Stakeholder Impact

• The stock purchase could have a slightly positive impact on shareholder sentiment.

Key Dates

Keywords

Ready Capital Corp, Jack J. Ross, insider trading, Form 4, stock purchase, beneficial ownership, Waterfall Asset Management