{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-009228","form_type":"8-K","ticker":"RC","cik":"0001527590","company_name":"Ready Capital Corp","filed_at":"2025-03-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.893340+00:00","generated_at":"2026-05-25T17:35:01.296932+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Ready Capital Q4 GAAP loss per share $(1.80); cuts dividend to $0.125","bullets":["GAAP loss from continuing ops of $(1.80) per share; distributable loss of $(0.03) per share.","Distributable earnings before realized losses $0.23 per share; ROE 7.1%.","Quarterly dividend cut to $0.125 per common share (payable April 30, 2025).","Subsequent events: new $150M stock repurchase program (Jan 16) and $220M private placement of 9.375% senior secured notes due 2028 (Feb 21).","Total LMM and SBL originations $2.4B in FY2024 including $1.1B SBA 7(a) loans."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-009228","json":"https://secwatch.observer/filing/0001628280-25-009228.json","markdown":"https://secwatch.observer/filing/0001628280-25-009228.md","text":"https://secwatch.observer/filing/0001628280-25-009228.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1527590/000162828025009228/0001628280-25-009228-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1527590/000162828025009228/rc-20250303.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T17:35:01.296932+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}