Ellington Financial Inc. Files DEF 14A Proxy Statement

TL;DR

<b>Ellington Financial Inc. has filed its annual proxy statement (DEF 14A) for the fiscal year ended December 31, 2023.</b>

AI Summary

Ellington Financial Inc. (EFC-PD) filed a Proxy Statement (DEF 14A) with the SEC on April 5, 2024. Ellington Financial Inc. filed a DEF 14A proxy statement on April 5, 2024. The filing covers the fiscal year ending December 31, 2023. The company's principal executive offices are located at 53 Forest Ave, Greenwich, CT. Ellington Financial Inc. was formerly known as Ellington Financial LLC. The filing includes information related to equity awards granted and vested during the fiscal years 2020-2023.

Why It Matters

For investors and stakeholders tracking Ellington Financial Inc., this filing contains several important signals. This DEF 14A filing provides shareholders with crucial information regarding the company's governance, executive compensation, and matters to be voted on at the upcoming annual meeting. Shareholders can review details on equity awards, which are a significant component of executive compensation, to understand potential dilution and incentive structures.

Risk Assessment

Risk Level: low — Ellington Financial Inc. shows low risk based on this filing. The filing is a standard DEF 14A, which is routine for public companies and does not contain new financial performance data or significant strategic shifts.

Analyst Insight

Shareholders should review the proxy statement to understand executive compensation details and vote on matters presented at the annual meeting.

Key Numbers

• 2023-12-31 — Fiscal Year End (Period covered by the filing)
• 2024-04-05 — Filing Date (Date the DEF 14A was filed)

Key Players & Entities

• Ellington Financial Inc. (company) — Filer of the DEF 14A
• 53 Forest Ave, Greenwich, CT (location) — Company's business and mail address
• Ellington Financial LLC (company) — Former name of the filer

FAQ

Industry Context

Ellington Financial Inc. operates in the Real Estate sector, as indicated by its SIC code 6500.

Regulatory Implications

The filing is made pursuant to Section 14(a) of the Securities Exchange Act of 1934, which governs the solicitation of proxies.

What Investors Should Do

1. Review the detailed breakdown of executive compensation and equity awards.
2. Understand the proposals to be voted on at the annual shareholder meeting.
3. Assess the company's corporate governance practices outlined in the filing.

Year-Over-Year Comparison

This is a DEF 14A filing, which is a routine annual disclosure. Specific comparative financial data from the previous filing is not detailed here.

Key Financial Figures

• $0.001 — er of shares of common stock, par value $0.001 per share (the "Common Shares") for iss

Filing Documents

• efc-20240405.htm (DEF 14A) — 427KB
• efc-20240405_g1.jpg (GRAPHIC) — 8KB
• efc-20240405_g2.jpg (GRAPHIC) — 6KB
• efc-20240405_g3.jpg (GRAPHIC) — 179KB
• efc-20240405_g4.jpg (GRAPHIC) — 135KB
• efc-20240405_g5.jpg (GRAPHIC) — 655KB
• efc-20240405_g6.jpg (GRAPHIC) — 294KB
• 0001411342-24-000038.txt (&nbsp;) — 3858KB
• efc-20240405.xsd (EX-101.SCH) — 4KB
• efc-20240405_def.xml (EX-101.DEF) — 4KB
• efc-20240405_lab.xml (EX-101.LAB) — 6KB
• efc-20240405_pre.xml (EX-101.PRE) — 4KB
• efc-20240405_htm.xml (XML) — 74KB

From the Filing

efc-20240405 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 14A (Rule 14a-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the registrant x Filed by a party other than the registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) x Definitive Proxy Statement Definitive Additional Materials Soliciting Material under 240.14a-12 Ellington Financial Inc. (Name of Registrant as Specified in its Charter) (Name of Person(s) Filing Proxy Statement, if Other Than the Registrant) Payment of filing fee (Check the appropriate box): x No fee required Fee paid previously with preliminary materials Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 53 Forest Avenue Old Greenwich, Connecticut 06870 NOTICE OF ANNUAL MEETING OF STOCKHOLDERS TO BE HELD ON MAY 17, 2024 To Our Stockholders: You are cordially invited to attend the 2024 Annual Meeting of Stockholders, or the "Annual Meeting," of Ellington Financial Inc. (the "Company," "we," "our," or "us"), which will be conducted virtually via live webcast, on May 17, 2024, at 10:30 a.m., Eastern Time. You will be able to attend the 2024 Annual Meeting, vote, and submit your questions during the meeting via live webcast by visiting www.virtualshareholdermeeting.com/EFC2024. To enter the meeting, you must have your sixteen-digit control number that is shown on your Notice of Internet Availability of Proxy Materials, your proxy card or on the instructions that accompanied your proxy materials. You will not be able to attend the Annual Meeting in person. The purpose of the Annual Meeting is to consider and take action on the following: 1. To elect the five directors nominated and recommended by the Board of Directors, each to serve until the 2025 Annual Meeting of Stockholders or until such time as their respective successors are elected and qualified; 2. To hold an advisory (non-binding) vote on executive compensation; 3. To ratify the appointment of PricewaterhouseCoopers LLP to serve as our independent registered public accounting firm for the year ending December 31, 2024; 4. To approve an amendment to our Certificate of Incorporation to increase the total authorized number of shares of common stock, par value $0.001 per share (the "Common Shares") for issuance from 200,000,000 to 300,000,000 shares with a corresponding increase in the total authorized number of shares from 300,000,000 to 400,000,000; and 5. To transact such other business, if any, properly brought before the meeting. Stockholders of record at the close of business on March 25, 2024 are entitled to notice of, and to vote at, the Annual Meeting and any adjournment or postponement of the meeting. For more information with respect to voting your shares at our Annual Meeting, see "Questions and Answers" beginning on page 2 of the Proxy Statement accompanying this notice. Whether or not you plan to attend the Annual Meeting, your vote is very important, and we encourage you to vote promptly. You may vote your shares online during our Annual Meeting or by proxy over the Internet by following the instructions provided in the Notice of Internet Availability of Proxy Materials, or, if you requested to receive printed proxy materials, you can also vote by mail or telephone pursuant to instructions provided on the proxy card. If you execute a proxy but later decide to attend the Annual Meeting, or for any other reason desire to revoke your proxy, you may do so at any time before your proxy is voted. By order of the Board of Directors Daniel Margolis General Counsel April 5, 2024 Important Notice Regarding the Availability of Proxy Materials for the Annual Meeting of Stockholders to Be Held on May 17, 2024 : This Proxy Statement, the accompanying proxy card and our Annual Report to Stockholders are available on the Internet at www.proxyvote.com. On this site, you will be able to access this Proxy Statement, the accompanying proxy card, our Annual Report to Stockholders, which includes our Annual Report on Form 10-K, and any amendments or supplements to the foregoing materials that are required to be furnished to stockholders. 1 ELLINGTON FINANCIAL INC. 53 FOREST AVENUE OLD GREENWICH, CONNECTICUT 06870 PROXY STATEMENT FOR THE ANNUAL MEETING OF STOCKHOLDERS TO BE HELD ON MAY 17, 2024 This Proxy Statement is furnished in connection with the solicitation of proxies by the board of directors (the "Board of Directors" or the "Board") of Ellington Financial Inc. (the "Company," "EFC," "we," "us," or "our") for use at our 2024 Annual Meeting of Stockholders, or the "Annual Meeting," to be held on May 17, 2024, at 10:30 a.m., Eastern Time, via live webcast at www.virtualsharehold

View Full Filing

View this DEF 14A filing on SEC EDGAR