Ellington Credit Co Files 8-K on Security Holder Vote
Ticker: EARN · Form: 8-K · Filed: Dec 4, 2024 · CIK: 1560672
| Field | Detail |
|---|---|
| Company | Ellington Credit CO (EARN) |
| Form Type | 8-K |
| Filed Date | Dec 4, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, shareholder-meeting
TL;DR
Ellington Credit Co held a shareholder vote on Dec 4th. Details TBD.
AI Summary
Ellington Credit Company filed an 8-K on December 4, 2024, to report on the submission of matters to a vote of security holders. The filing does not contain specific details about the matters voted upon or the outcome of any vote.
Why It Matters
This filing indicates that Ellington Credit Company held a vote among its security holders, which could potentially lead to changes in the company's governance or strategic direction.
Risk Assessment
Risk Level: low — The filing is a procedural notification of a shareholder vote without immediate financial implications or disclosed risks.
Key Players & Entities
- Ellington Credit Company (company) — Registrant
- December 4, 2024 (date) — Date of Report
- Maryland (jurisdiction) — State of Incorporation
- 53 Forest Avenue Old Greenwich, CT 06870 (address) — Principal Executive Offices
FAQ
What specific matters were submitted to a vote of security holders?
The filing does not specify the exact matters submitted for a vote, only that such matters were presented.
When was the vote held or when will it be held?
The filing indicates the report date is December 4, 2024, suggesting the matters were submitted or voted upon around this date.
What is the outcome of the vote?
The filing does not disclose the results or outcome of the vote.
Who are the security holders that participated in the vote?
The filing does not provide details on the identity or participation of specific security holders.
What is the significance of this vote for Ellington Credit Company's operations or strategy?
The filing does not provide information on the strategic implications of the matters voted upon.
Filing Stats: 794 words · 3 min read · ~3 pages · Grade level 17.4 · Accepted 2024-12-04 16:51:00
Key Financial Figures
- $0.01 — Common Shares of Beneficial Interest, $0.01 par value per share EARN The New York
Filing Documents
- earn-20241204.htm (8-K) — 48KB
- 0001560672-24-000150.txt ( ) — 169KB
- earn-20241204.xsd (EX-101.SCH) — 2KB
- earn-20241204_lab.xml (EX-101.LAB) — 21KB
- earn-20241204_pre.xml (EX-101.PRE) — 12KB
- earn-20241204_htm.xml (XML) — 3KB
07. Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders On December 4, 2024, Ellington Credit Company (the "Company") held its annual meeting of shareholders. Proxies for the meeting were solicited pursuant to Regulation 14A of the Securities Exchange Act of 1934, as amended. The final voting results for each of the matters submitted to a vote of the shareholders at the annual meeting are set forth below. Proposal 1: Election of Trustees Votes regarding the election of six trustees, each of whom was elected for a term expiring at the 2025 annual meeting or until such time as his or her successor is elected and qualified, were as follows: For Withheld Broker Non-Votes Robert B. Allardice, III 11,671,815 482,149 5,793,807 Mary McBride 11,684,064 469,900 5,793,807 David J. Miller 11,699,229 454,735 5,793,807 Laurence E. Penn 11,694,344 459,620 5,793,807 Ronald I. Simon, Ph.D. 11,346,149 807,815 5,793,807 Michael W. Vranos 11,599,755 554,209 5,793,807 Proposal 2: Approval of a Change in the Company's legal form from a Maryland real estate investment trust to a Delaware statutory trust Votes on a proposal to approve a change in the Company's legal form from a Maryland real estate investment trust to a Delaware statutory trust were as follows: For Against Abstentions Broker Non-Votes 11,245,845 526,737 381,382 5,793,807 Proposal 3: Approval of the Company's new Delaware Amended and Restated Declaration of Trust Votes on a proposal to approve the Company's new Delaware Amended and Restated Declaration of Trust were as follows: For Against Abstentions Broker Non-Votes 11,248,346 465,314 440,304 5,793,807 Proposal 4: Approval of an Investment Advisory Agreement with Ellington Credit Company Management LLC, the Company's External Manager, which would replace the Company's Existing Management Agreement Votes on a proposal to approve an Investment Advisory Agreement with Ellington Credit Company Management LLC, the Company's External Manager, whi
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ELLINGTON RESIDENTIAL MORTGAGE REIT Dated: December 4, 2024 By: /s/ Christopher Smernoff Christopher Smernoff Chief Financial Officer