RC · Ready Capital Corp

Reflects transactions pursuant to a dividend reinvestment election with respect to certain of the reporting person's holdings.

Reflects transactions with respect to shares held by the reporting person's IRA for tax planning purposes.

Reflects transactions pursuant to a dividend reinvestment election with respect to certain of the reporting person's holdings.

Reflects transactions with respect to shares held by the reporting person's IRA for tax planning purposes.

The reporting person has disgorged to the issuer the profit realized from the transactions executed on April 29, 2026 and May 29, 2026.

Reflects transactions pursuant to a dividend reinvestment election with respect to certain of the reporting person's holdings.

Reflects transactions with respect to shares held by the reporting person's IRA for tax planning purposes.

Reflects transactions pursuant to a dividend reinvestment election with respect to certain of the reporting person's holdings.

Reflects transactions with respect to shares held by the reporting person's IRA for tax planning purposes.

The reporting person has disgorged to the issuer the profit realized from the transactions executed on April 29, 2026 and May 29, 2026.

Reflects transactions pursuant to a dividend reinvestment election with respect to certain of the reporting person's holdings.

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, 2025, February 22, 2024 and February 12, 2023.

Represents the closing price of the Common Stock on March 13, 2026.

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, 2025, February 22, 2024 and February 12, 2023.

Represents the closing price of the Common Stock on March 13, 2026.

The price reported is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $1.9199 to $1.9902, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.

On March 5, 2026, the reporting person was awarded 58,252 shares of restricted Common Stock under the Ready Capital Corporation 2023 Equity Incentive Plan. The shares will vest in equal installments of one-quarter on March 31, 2026, June 30, 2026, September 30, 2026 and December 31, 2026.

On March 5, 2026, the reporting person was awarded 58,252 Restricted Stock Units ("RSUs") under the Ready Capital Corporation 2023 Equity Incentive Plan, which represent the right to receive one share of Common Stock of the Issuer for each RSU at vesting or, at the election of the reporting person, a deferred settlement date. The RSUs will vest in equal installments of one-quarter on March 31, 2026, June 30, 2026, September 30, 2026 and December 31, 2026. The reporting person will receive dividend equivalent rights on unvested RSUs from the grant date payable in cash in an amount equal to the cash dividend distributions paid on a share of Common Stock of the Issuer.

On March 5, 2026, the reporting person was awarded 58,252 Restricted Stock Units ("RSUs") under the Ready Capital Corporation 2023 Equity Incentive Plan, which represent the right to receive one share of Common Stock of the Issuer for each RSU at vesting or, at the election of the reporting person, a deferred settlement date. The RSUs will vest in equal installments of one-quarter on March 31, 2026, June 30, 2026, September 30, 2026 and December 31, 2026. The reporting person will receive dividend equivalent rights on unvested RSUs from the grant date payable in cash in an amount equal to the cash dividend distributions paid on a share of Common Stock of the Issuer.

The reporting person owns the shares of Common Stock of the issuer through the J. Mitchell Reese Jr. Trust, UA 5/5/1999. The reporting person serves as the trustee and sole beneficiary of the trust and has sole voting and investment power with respect to the securities held by the trust.

On March 5, 2026, the reporting person was awarded 194,175 shares of restricted Common Stock under the Plan. The shares will vest in equal installments of one-third on March 5, 2027, March 5, 2028 and March 5, 2029, conditioned upon the reporting person's continued employment (with certain exceptions).

On March 5, 2026, the reporting person was awarded 58,252 Restricted Stock Units ("RSUs") under the Ready Capital Corporation 2023 Equity Incentive Plan, which represent the right to receive one share of Common Stock of the Issuer for each RSU at vesting or, at the election of the reporting person, a deferred settlement date. The RSUs will vest in equal installments of one-quarter on March 31, 2026, June 30, 2026, September 30, 2026 and December 31, 2026. The reporting person will receive dividend equivalent rights on unvested RSUs from the grant date payable in cash in an amount equal to the cash dividend distributions paid on a share of Common Stock of the Issuer.

On March 5, 2026, the reporting person was awarded 291,262 shares of restricted Common Stock under the Ready Capital Corporation 2023 Equity Incentive Plan (the "Plan"). The shares will vest in equal installments of one-third on March 5, 2027, March 5, 2028 and March 5, 2029, conditioned upon the reporting person's continued employment (with certain exceptions).

On March 5, 2026, the reporting person was awarded 58,252 shares of restricted Common Stock under the Ready Capital Corporation 2023 Equity Incentive Plan. The shares will vest in equal installments of one-quarter on March 31, 2026, June 30, 2026, September 30, 2026 and December 31, 2026.

Each performance stock unit represents a contingent right to receive one share of Common Stock (or an equivalent cash payment, as further described in footnote (4) below).

On March 2, 2026, the reporting person was awarded a special performance-based retention award of 1,800,000 performance-based restricted stock units ("PSUs") under the Plan. The PSUs may vest in up to ten, approximately equal parts, provided that the 30-day volume weighted average price of the Common Stock equals or exceeds ten, approximately equally spaced milestones between specified points, and further conditioned upon the reporting person's continued employment (with certain exceptions). The PSUs (i) will be settled in shares of Common Stock if the stockholders of the Company approve at the 2026 annual meeting of stockholders ("2026 Annual Meeting") an amendment to the Plan to increase the pool of shares available for grant thereunder (the "Plan Amendment"), or (ii) if the Plan Amendment is not approved by the Company's stockholders at the 2026 Annual Meeting, then the PSUs will be settled in cash based upon the value per share of Common Stock on the applicable vesting date.

Each performance stock unit represents a contingent right to receive one share of Common Stock (or an equivalent cash payment, as further described in footnote (6) below).

On March 2, 2026, the reporting person was awarded a special performance-based retention award of 1,050,000 performance-based restricted stock units ("PSUs") under the Plan. The PSUs may vest in up to ten, approximately equal parts, provided that the 30-day volume weighted average price of the Common Stock equals or exceeds ten, approximately equally spaced milestones between specified points, and further conditioned upon the reporting person's continued employment (with certain exceptions). The PSUs (i) will be settled in shares of Common Stock if the stockholders of the Company approve at the 2026 annual meeting of stockholders ("2026 Annual Meeting") an amendment to the Plan to increase the pool of shares available for grant thereunder (the "Plan Amendment"), or (ii) if the Plan Amendment is not approved by the Company's stockholders at the 2026 Annual Meeting, then the PSUs will be settled in cash based upon the value per share of Common Stock on the applicable vesting date.

On March 2, 2026, the reporting person was awarded a special time-based retention award of 600,000 shares of restricted Common Stock under the Plan. The shares will vest on December 31, 2028, conditioned upon the reporting person's continued employment (with certain exceptions).

On March 2, 2026, the reporting person was awarded a special time-based retention award of 350,000 shares of restricted Common Stock under the Ready Capital Corporation 2023 Equity Incentive Plan (the "Plan"). The shares will vest on December 31, 2028, conditioned upon the reporting person's continued employment (with certain exceptions).

Reflects transactions pursuant to a dividend reinvestment election with respect to certain of the reporting person's holdings.

Reflects transactions pursuant to a dividend reinvestment election with respect to certain of the reporting person's holdings.

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 3, 2025.

Represents the closing price of the Common Stock on December 23, 2025.

Reflects transactions pursuant to a dividend reinvestment election with respect to certain of the reporting person's holdings.

Reflects transactions pursuant to a dividend reinvestment election with respect to certain of the reporting person's holdings.

Reflects transactions pursuant to a dividend reinvestment election with respect to certain of the reporting person's holdings.

Reflects transactions pursuant to a dividend reinvestment election with respect to certain of the reporting person's holdings.

Reflects transactions pursuant to a dividend reinvestment election with respect to certain of the reporting person's holdings.

Reflects transactions pursuant to a dividend reinvestment election with respect to certain of the reporting person's holdings.

The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $4.865 to $5.04. 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 (2) to this Form 4.

The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $4.795 to $4.7999. 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.

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.

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.

On February 22, 2025, the reporting person was awarded 17,857 Restricted Stock Units ("RSUs") under the Ready Capital Corporation 2023 Equity Incentive Plan, which represent the right to receive one share of Common Stock of the Issuer for each RSU at vesting or, at the election of the reporting person, a deferred settlement date. The RSUs will vest in equal installments of one-quarter on March 31, 2025, June 30, 2025, September 30, 2025 and December 31, 2025. The reporting person will receive dividend equivalent rights on unvested RSUs from the grant date payable in cash in an amount equal to the cash dividend distributions paid on a share of Common Stock of the Issuer.

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.

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.

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.

Represents the closing price of the Common Stock on February 21, 2025.

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.

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.

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.

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.

Represents the closing price of the Common Stock on February 21, 2025.

On February 22, 2025, the reporting person was awarded 17,857 Restricted Stock Units ("RSUs") under the Ready Capital Corporation 2023 Equity Incentive Plan, which represent the right to receive one share of Common Stock of the Issuer for each RSU at vesting or, at the election of the reporting person, a deferred settlement date. The RSUs will vest in equal installments of one-quarter on March 31, 2025, June 30, 2025, September 30, 2025 and December 31, 2025. The reporting person will receive dividend equivalent rights on unvested RSUs from the grant date payable in cash in an amount equal to the cash dividend distributions paid on a share of Common Stock of the Issuer.

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.

Represents the closing price of the Common Stock on February 21, 2025.

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.

On February 22, 2025, the reporting person was awarded 17,857 shares of restricted Common Stock under the Ready Capital Corporation 2023 Equity Incentive Plan. The shares will vest in equal installments of one-quarter on March 31, 2025, June 30, 2025, September 30, 2025 and December 31, 2025.

On February 22, 2025, the reporting person was awarded 59,524 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.

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.

Represents the closing price of the Common Stock on February 21, 2025.