secwatch.observer — SEC 8-K summary
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Issuer:     Ready Capital Corp (RC)
CIK:        0001527590
Form:       8-K
Filed at:   2026-02-26T23:59:59+00:00
Accession:  0001628280-26-012348
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ready Capital Q4 2025 GAAP loss per share $(1.46); sells $855M loans
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- GAAP loss from continuing ops $(1.46) per share; distributable loss $(0.43) per share.
- Distributable loss before realized losses $(0.09) per share.
- Book value $8.79 per share as of Dec 31, 2025.
- Subsequent: sold 34 loans with $855.3M UPB; retired 5.75% notes due Feb 2026.
- LMM originations $235M; SBL originations $140M in Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527590/000162828026012348/0001628280-26-012348-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527590/000162828026012348/rc-20260226.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-012348

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer