Mumford Lisa

SEC source: 0001628280-26-061332 · wk-form4_1789070966.xml · nonDerivative · entry 1

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 98,954

F1 · shares: The 10,181 shares of common stock, $0.001 par value per share (the "Common Shares") remain forfeitable, subject to the reporting person's continued service as a member of the board of directors of Ellington Financial Inc. (the "Company"), until September 8, 2027. The Common Shares were issued pursuant to, and are subject to the terms and conditions of the Company's 2026 Equity Incentive Plan.

F1 · price: The 10,181 shares of common stock, $0.001 par value per share (the "Common Shares") remain forfeitable, subject to the reporting person's continued service as a member of the board of directors of Ellington Financial Inc. (the "Company"), until September 8, 2027. The Common Shares were issued pursuant to, and are subject to the terms and conditions of the Company's 2026 Equity Incentive Plan.

SEC source: 0000890926-26-000089 · form4.xml · derivative · entry 1

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,300

Underlying: Common Stock · 4,300 shares

Expires not disclosed

F1 · derivative.exercise_price: Each RSU represents a contingent right to receive one share of common stock.

F2 · shares: Award represents an annual equity award to non-employee directors.

F4 · price: Not Applicable

F3 · derivative.exercise_date: The time-based RSUs vest on May 25, 2027.

F4 · derivative.expiration_date: Not Applicable

SEC source: 0000890926-26-000061 · form4.xml · derivative · entry 3

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 4,837 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Each RSU represents a contingent right to receive one share of common stock.

F1 · shares: Vesting of time-based RSUs granted on May 21, 2025.

F4 · price: Not Applicable

F4 · derivative.expiration_date: Not Applicable

SEC source: 0000890926-26-000061 · form4.xml · nonDerivative · entry 2

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 27,162

F2 · shares: Pursuant to the terms of the Company's equity compensation plan, represents shares withheld by the Company to satisfy state tax withholding obligations.

SEC source: 0000890926-26-000061 · form4.xml · nonDerivative · entry 1

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 27,166

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Vesting of time-based RSUs granted on May 21, 2025.

SEC source: 0001628280-26-000494 · wk-form4_1767648993.xml · derivative · entry 2

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Units · 7,657 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · security: Represents a separate non-voting class of limited liability company interests ("OP LTIP Units") of the Operating Partnership.

F1 · derivative.exercise_price: On December 31, 2025, Ms. Mumford converted 7,657 OP LTIP Units (as defined below) that were previously granted to her on December 14, 2023 pursuant to, and are subject to the terms and conditions of Ellington Financial Inc.'s (the "Company") 2017 Equity Incentive Plan (the "Plan"), into 7,657 shares of common stock of the Company, $0.001 par value per share (the "Common Shares").

F4 · price: Represents the conversion of outstanding vested OP LTIP Units into Common Units and the redemption of the Common Units for Common Shares pursuant to the terms thereof. The conversion and redemption do not represent or involve a disposition for value. The rights to convert OP LTIP Units into Common Units and redeem such Common Units do not have expiration dates.

F4 · derivative.exercise_date: Represents the conversion of outstanding vested OP LTIP Units into Common Units and the redemption of the Common Units for Common Shares pursuant to the terms thereof. The conversion and redemption do not represent or involve a disposition for value. The rights to convert OP LTIP Units into Common Units and redeem such Common Units do not have expiration dates.

F4 · derivative.expiration_date: Represents the conversion of outstanding vested OP LTIP Units into Common Units and the redemption of the Common Units for Common Shares pursuant to the terms thereof. The conversion and redemption do not represent or involve a disposition for value. The rights to convert OP LTIP Units into Common Units and redeem such Common Units do not have expiration dates.

F4 · derivative.underlying: Represents the conversion of outstanding vested OP LTIP Units into Common Units and the redemption of the Common Units for Common Shares pursuant to the terms thereof. The conversion and redemption do not represent or involve a disposition for value. The rights to convert OP LTIP Units into Common Units and redeem such Common Units do not have expiration dates.

SEC source: 0001628280-26-000494 · wk-form4_1767648993.xml · nonDerivative · entry 1

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 88,773

F1 · shares: On December 31, 2025, Ms. Mumford converted 7,657 OP LTIP Units (as defined below) that were previously granted to her on December 14, 2023 pursuant to, and are subject to the terms and conditions of Ellington Financial Inc.'s (the "Company") 2017 Equity Incentive Plan (the "Plan"), into 7,657 shares of common stock of the Company, $0.001 par value per share (the "Common Shares").

F2 · shares: Upon issuance, the 7,657 OP LTIP Units remained forfeitable, subject to Ms. Mumford's continued service as a member of the board of directors of the Company, until September 12, 2024. Once the vesting restrictions lapsed, the OP LTIP Units have been able to be converted, at the election of the holder, or at any time at the election of the Company, into limited liability company interests of Ellington Financial Operating Partnership LLC (the "Operating Partnership, the operating partnership of the Company, designated as common units ("Common Units") on a one-for-one basis. Subject to certain conditions, the Common Units have been redeemable by the holder for an equivalent number of Common Shares or for the cash value of such Common Shares, at the Company's election. The OP LTIP Units were previously issued pursuant to, and are subject to the terms and conditions of the Plan. The rights to convert OP LTIP Units into Common Units and redeem such Common Units do not have expiration dates.

SEC source: 0001628280-25-043748 · wk-form4_1759437121.xml · nonDerivative · entry 1

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 81,116

F1 · shares: The 9,198 shares of common stock, $0.001 par value per share (the "Common Shares") remain forfeitable, subject to the reporting person's continued service as a member of the board of directors of Ellington Financial Inc. (the "Company"), until September 9, 2026. The Common Shares were issued pursuant to, and are subject to the terms and conditions of the Company's 2017 Equity Incentive Plan.

F1 · price: The 9,198 shares of common stock, $0.001 par value per share (the "Common Shares") remain forfeitable, subject to the reporting person's continued service as a member of the board of directors of Ellington Financial Inc. (the "Company"), until September 9, 2026. The Common Shares were issued pursuant to, and are subject to the terms and conditions of the Company's 2017 Equity Incentive Plan.

SEC source: 0001062993-25-011240 · form4.xml · nonDerivative · entry 1

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 22,329

SEC source: 0001062993-25-010266 · form4.xml · derivative · entry 1

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,837

Underlying: Common Stock · 4,837 shares

Expires not disclosed

F1 · derivative.exercise_price: Each RSU represents a contingent right to receive one share of common stock.

F2 · shares: Award represents an annual equity award to non-employee directors.

F4 · price: Not Applicable

F3 · derivative.exercise_date: The time-based RSUs vest on May 15, 2026.

F4 · derivative.expiration_date: Not Applicable

SEC source: 0001062993-25-009818 · form4.xml · derivative · entry 3

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 5,109 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Each RSU represents a contingent right to receive one share of common stock.

F1 · shares: Vesting of time-based RSUs granted on May 22, 2024.

F4 · price: Not Applicable

F4 · derivative.expiration_date: Not Applicable

SEC source: 0001062993-25-009818 · form4.xml · nonDerivative · entry 2

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 24,829

F2 · shares: Pursuant to the terms of the Company's equity compensation plan, represents shares withheld by the Company to satisfy state tax withholding obligations.

SEC source: 0001062993-25-009818 · form4.xml · nonDerivative · entry 1

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 24,836

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Vesting of time-based RSUs granted on May 22, 2024.

SEC source: 0001411342-24-000124 · wk-form4_1735594978.xml · derivative · entry 2

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,657

Underlying: Common Units · 8,378 shares

Expires not disclosed

F2 · security: Represents a separate non-voting class of limited liability company interests ("OP LTIP Units") of Ellington Financial Operating Partnership LLC (the "Operating Partnership"), the operating partnership of the Company.

F3 · derivative.exercise_price: Ms. Mumford's 7,657 OP LTIP Units remaining vested on September 13, 2024. The OP LTIP Units may be converted at the election of the holder, or at any time at the election of the Company, into limited liability company interests of the Operating Partnership designated as common units ("Common Units") on a one-for-one basis. Subject to certain conditions, the Common Units are redeemable by the holder for an equivalent number of Common Shares or for the cash value of such Common Shares, at the Company's election. The OP LTIP Units were issued pursuant to, and are subject to the terms and conditions of the Company's 2017 Equity Incentive Plan. The rights to convert OP LTIP Units into Common Units and redeem such Common Units do not have expiration dates.

F1 · kind: On December 27, 2024, Ms. Mumford and Ellington Financial Inc. (the "Company") entered into an Exchange Agreement (the "Exchange Agreement") whereby Ms. Mumford exchanged the 8,378 OP LTIP Units (as defined below) that were granted to her on September 11, 2024 pursuant to, and are subject to the terms and conditions of the Company's 2017 Equity Incentive Plan (the "Plan"), for 8,378 shares of common stock of the Company, $0.001 par value per share (the "Common Shares"). No other consideration was involved in connection with the Exchange Agreement. The Common Shares were also issued pursuant to, and are subject to the terms and conditions of, the Plan. The 8,378 Common Shares remain forfeitable, subject to Ms. Mumford's continued service as a member of the board of directors of the Company, until December 26, 2025.

F3 · derivative.exercise_date: Ms. Mumford's 7,657 OP LTIP Units remaining vested on September 13, 2024. The OP LTIP Units may be converted at the election of the holder, or at any time at the election of the Company, into limited liability company interests of the Operating Partnership designated as common units ("Common Units") on a one-for-one basis. Subject to certain conditions, the Common Units are redeemable by the holder for an equivalent number of Common Shares or for the cash value of such Common Shares, at the Company's election. The OP LTIP Units were issued pursuant to, and are subject to the terms and conditions of the Company's 2017 Equity Incentive Plan. The rights to convert OP LTIP Units into Common Units and redeem such Common Units do not have expiration dates.

F3 · derivative.expiration_date: Ms. Mumford's 7,657 OP LTIP Units remaining vested on September 13, 2024. The OP LTIP Units may be converted at the election of the holder, or at any time at the election of the Company, into limited liability company interests of the Operating Partnership designated as common units ("Common Units") on a one-for-one basis. Subject to certain conditions, the Common Units are redeemable by the holder for an equivalent number of Common Shares or for the cash value of such Common Shares, at the Company's election. The OP LTIP Units were issued pursuant to, and are subject to the terms and conditions of the Company's 2017 Equity Incentive Plan. The rights to convert OP LTIP Units into Common Units and redeem such Common Units do not have expiration dates.

SEC source: 0001411342-24-000124 · wk-form4_1735594978.xml · nonDerivative · entry 1

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 71,918

F1 · shares: On December 27, 2024, Ms. Mumford and Ellington Financial Inc. (the "Company") entered into an Exchange Agreement (the "Exchange Agreement") whereby Ms. Mumford exchanged the 8,378 OP LTIP Units (as defined below) that were granted to her on September 11, 2024 pursuant to, and are subject to the terms and conditions of the Company's 2017 Equity Incentive Plan (the "Plan"), for 8,378 shares of common stock of the Company, $0.001 par value per share (the "Common Shares"). No other consideration was involved in connection with the Exchange Agreement. The Common Shares were also issued pursuant to, and are subject to the terms and conditions of, the Plan. The 8,378 Common Shares remain forfeitable, subject to Ms. Mumford's continued service as a member of the board of directors of the Company, until December 26, 2025.

SEC source: 0001411342-24-000087 · wk-form4_1726261444.xml · derivative · entry 2

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 16,035

Underlying: Common Units · 8,378 shares

Expires not disclosed

F1 · security: Represents a separate non-voting class of limited liability company interests ("OP LTIP Units") of Ellington Financial Operating Partnership LLC (the "Operating Partnership"), the operating partnership ofEllington Financial LLC (the "Company").

F2 · derivative.exercise_price: The 8,378 OP LTIP Units remain forfeitable, subject to the reporting person's continued service as a member of the board of directors of the Company, until September 10, 2025. The OP LTIP Units may be converted, upon lapse of the vesting restrictions described above, at the election of the holder, or at any time at the election of the Company, into limited liability company interests of the Operating Partnership designated as common units ("Common Units") on a one-for-one basis. Subject to certain conditions, the Common Units are redeemable by the holder for an equivalent number of shares of common stock of the Company, $0.001 par value per share (the "Common Shares") or for the cash value of such Common Shares, at the Company's election. The OP LTIP Units were issued pursuant to, and are subject to the terms and conditions of the Company's 2017 Equity Incentive Plan. The rights to convert OP LTIP Units into Common Units and redeem such Common Units do not have expiration dates.

F2 · price: The 8,378 OP LTIP Units remain forfeitable, subject to the reporting person's continued service as a member of the board of directors of the Company, until September 10, 2025. The OP LTIP Units may be converted, upon lapse of the vesting restrictions described above, at the election of the holder, or at any time at the election of the Company, into limited liability company interests of the Operating Partnership designated as common units ("Common Units") on a one-for-one basis. Subject to certain conditions, the Common Units are redeemable by the holder for an equivalent number of shares of common stock of the Company, $0.001 par value per share (the "Common Shares") or for the cash value of such Common Shares, at the Company's election. The OP LTIP Units were issued pursuant to, and are subject to the terms and conditions of the Company's 2017 Equity Incentive Plan. The rights to convert OP LTIP Units into Common Units and redeem such Common Units do not have expiration dates.

F2 · derivative.exercise_date: The 8,378 OP LTIP Units remain forfeitable, subject to the reporting person's continued service as a member of the board of directors of the Company, until September 10, 2025. The OP LTIP Units may be converted, upon lapse of the vesting restrictions described above, at the election of the holder, or at any time at the election of the Company, into limited liability company interests of the Operating Partnership designated as common units ("Common Units") on a one-for-one basis. Subject to certain conditions, the Common Units are redeemable by the holder for an equivalent number of shares of common stock of the Company, $0.001 par value per share (the "Common Shares") or for the cash value of such Common Shares, at the Company's election. The OP LTIP Units were issued pursuant to, and are subject to the terms and conditions of the Company's 2017 Equity Incentive Plan. The rights to convert OP LTIP Units into Common Units and redeem such Common Units do not have expiration dates.

F2 · derivative.expiration_date: The 8,378 OP LTIP Units remain forfeitable, subject to the reporting person's continued service as a member of the board of directors of the Company, until September 10, 2025. The OP LTIP Units may be converted, upon lapse of the vesting restrictions described above, at the election of the holder, or at any time at the election of the Company, into limited liability company interests of the Operating Partnership designated as common units ("Common Units") on a one-for-one basis. Subject to certain conditions, the Common Units are redeemable by the holder for an equivalent number of shares of common stock of the Company, $0.001 par value per share (the "Common Shares") or for the cash value of such Common Shares, at the Company's election. The OP LTIP Units were issued pursuant to, and are subject to the terms and conditions of the Company's 2017 Equity Incentive Plan. The rights to convert OP LTIP Units into Common Units and redeem such Common Units do not have expiration dates.

SEC source: 0001062993-24-011259 · form4.xml · nonDerivative · entry 1

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 19,727

F1 · shares: Sale of common stock sold to cover tax liability resulting from the May 2024 vesting of restricted stock units.

SEC source: 0001062993-24-011259 · form4.xml · derivative · entry 2

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,109

Underlying: Common Stock · 5,109 shares

Expires not disclosed

F2 · derivative.exercise_price: Each RSU represents a contingent right to receive one share of common stock.

F3 · shares: Award represents an annual equity award to non-employee directors.

F5 · price: Not Applicable

F4 · derivative.exercise_date: The time-based RSUs vest on May 15, 2025.

F5 · derivative.expiration_date: Not Applicable

SEC source: 0001062993-24-010654 · form4.xml · derivative · entry 3

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 5,899 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Each RSU represents a contingent right to receive one share of common stock.

F1 · shares: Vesting of time-based RSUs granted on May 17, 2023.

F4 · price: Not Applicable

F4 · derivative.expiration_date: Not Applicable

SEC source: 0001062993-24-010654 · form4.xml · nonDerivative · entry 2

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 22,382

F2 · shares: Pursuant to the terms of the Company's equity compensation plan, represents shares withheld by the Company to satisfy state tax withholding obligations.

SEC source: 0001062993-24-010654 · form4.xml · nonDerivative · entry 1

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 22,391

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Vesting of time-based RSUs granted on May 17, 2023.

SEC source: 0001628280-23-041801 · wk-form4_1702937260.xml · derivative · entry 4

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,657

Underlying: Common Units · 7,657 shares

Expires not disclosed

F1 · security: Represents a separate non-voting class of limited liability company interests ("OP LTIP Units") of Ellington Financial Operating Partnership LLC (the "Operating Partnership"), the operating partnership of Ellington Financial Inc. (the "Company").

F4 · derivative.exercise_price: The 7,657 OP LTIP Units remain forfeitable, subject to the reporting person's continued service as a member of the board of directors of the Company, until September 13, 2024. The OP LTIP Units may be converted, upon lapse of the vesting restrictions described above, at the election of the holder, or at any time at the election of the Company, into Common Units on a one-for-one basis. Subject to certain conditions, the Common Units are redeemable by the holder for an equivalent number of Common Shares or for the cash value of such Common Shares, at the Company's election. The OP LTIP Units were issued pursuant to, and are subject to the terms and conditions of the Company's 2017 Plan. The rights to convert OP LTIP Units into Common Units and redeem such Common Units do not have expiration dates.

F4 · price: The 7,657 OP LTIP Units remain forfeitable, subject to the reporting person's continued service as a member of the board of directors of the Company, until September 13, 2024. The OP LTIP Units may be converted, upon lapse of the vesting restrictions described above, at the election of the holder, or at any time at the election of the Company, into Common Units on a one-for-one basis. Subject to certain conditions, the Common Units are redeemable by the holder for an equivalent number of Common Shares or for the cash value of such Common Shares, at the Company's election. The OP LTIP Units were issued pursuant to, and are subject to the terms and conditions of the Company's 2017 Plan. The rights to convert OP LTIP Units into Common Units and redeem such Common Units do not have expiration dates.

F4 · derivative.exercise_date: The 7,657 OP LTIP Units remain forfeitable, subject to the reporting person's continued service as a member of the board of directors of the Company, until September 13, 2024. The OP LTIP Units may be converted, upon lapse of the vesting restrictions described above, at the election of the holder, or at any time at the election of the Company, into Common Units on a one-for-one basis. Subject to certain conditions, the Common Units are redeemable by the holder for an equivalent number of Common Shares or for the cash value of such Common Shares, at the Company's election. The OP LTIP Units were issued pursuant to, and are subject to the terms and conditions of the Company's 2017 Plan. The rights to convert OP LTIP Units into Common Units and redeem such Common Units do not have expiration dates.

F4 · derivative.expiration_date: The 7,657 OP LTIP Units remain forfeitable, subject to the reporting person's continued service as a member of the board of directors of the Company, until September 13, 2024. The OP LTIP Units may be converted, upon lapse of the vesting restrictions described above, at the election of the holder, or at any time at the election of the Company, into Common Units on a one-for-one basis. Subject to certain conditions, the Common Units are redeemable by the holder for an equivalent number of Common Shares or for the cash value of such Common Shares, at the Company's election. The OP LTIP Units were issued pursuant to, and are subject to the terms and conditions of the Company's 2017 Plan. The rights to convert OP LTIP Units into Common Units and redeem such Common Units do not have expiration dates.

F4 · derivative.underlying: The 7,657 OP LTIP Units remain forfeitable, subject to the reporting person's continued service as a member of the board of directors of the Company, until September 13, 2024. The OP LTIP Units may be converted, upon lapse of the vesting restrictions described above, at the election of the holder, or at any time at the election of the Company, into Common Units on a one-for-one basis. Subject to certain conditions, the Common Units are redeemable by the holder for an equivalent number of Common Shares or for the cash value of such Common Shares, at the Company's election. The OP LTIP Units were issued pursuant to, and are subject to the terms and conditions of the Company's 2017 Plan. The rights to convert OP LTIP Units into Common Units and redeem such Common Units do not have expiration dates.

SEC source: 0001628280-23-041801 · wk-form4_1702937260.xml · nonDerivative · entry 2

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 63,540

SEC source: 0001628280-23-041801 · wk-form4_1702937260.xml · derivative · entry 3

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Units · 84,720 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · security: Represents a separate non-voting class of limited liability company interests ("OP LTIP Units") of Ellington Financial Operating Partnership LLC (the "Operating Partnership"), the operating partnership of Ellington Financial Inc. (the "Company").

F2 · derivative.exercise_price: The OP LTIP Units were issued pursuant to, and were subject to the terms and conditions of, the Company' 2017 Equity Incentive Plan (the "2017 Plan") and were converted into limited liability company interests of the Operating Partnership designated as common units (the "Common Units") on a one-for-one basis and subsequently redeemed for an equivalent number of shares of common stock of the Company, $0.001 par value per share (the "Common Shares").

F3 · price: Represents the conversion of outstanding vested OP LTIP Units into Common Units and the redemption of the Common Units for Common Shares pursuant to the terms thereof. The conversion and redemption do not represent or involve a disposition for value. The 84,720 OP LTIP Units became convertible on the day before the one year anniversary of their respective grant. The rights to convert OP LTIP Units into Common Units and redeem such Common Units do not have expiration dates.

F3 · derivative.exercise_date: Represents the conversion of outstanding vested OP LTIP Units into Common Units and the redemption of the Common Units for Common Shares pursuant to the terms thereof. The conversion and redemption do not represent or involve a disposition for value. The 84,720 OP LTIP Units became convertible on the day before the one year anniversary of their respective grant. The rights to convert OP LTIP Units into Common Units and redeem such Common Units do not have expiration dates.

F3 · derivative.expiration_date: Represents the conversion of outstanding vested OP LTIP Units into Common Units and the redemption of the Common Units for Common Shares pursuant to the terms thereof. The conversion and redemption do not represent or involve a disposition for value. The 84,720 OP LTIP Units became convertible on the day before the one year anniversary of their respective grant. The rights to convert OP LTIP Units into Common Units and redeem such Common Units do not have expiration dates.

F3 · derivative.underlying: Represents the conversion of outstanding vested OP LTIP Units into Common Units and the redemption of the Common Units for Common Shares pursuant to the terms thereof. The conversion and redemption do not represent or involve a disposition for value. The 84,720 OP LTIP Units became convertible on the day before the one year anniversary of their respective grant. The rights to convert OP LTIP Units into Common Units and redeem such Common Units do not have expiration dates.

SEC source: 0001628280-23-041801 · wk-form4_1702937260.xml · nonDerivative · entry 1

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 84,720

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001062993-23-012550 · form4.xml · nonDerivative · entry 1

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 16,492

F1 · shares: Pursuant to a 10b5-1 trading plan entered into in February 2023, the sale of common stock was sold to cover tax liability resulting from the May 2023 vesting of restricted stock units.

SEC source: 0001062993-23-011443 · form4.xml · derivative · entry 4

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,899

Underlying: Common Stock · 5,899 shares

Expires not disclosed

F3 · derivative.exercise_price: Each RSU represents a contingent right to receive one share of common stock.

F5 · shares: Award represents an annual equity award to non-employee directors.

F4 · price: Not Applicable

F6 · derivative.exercise_date: The time-based RSUs vest on May 15, 2024.

F4 · derivative.expiration_date: Not Applicable

F6 · balance_after: The time-based RSUs vest on May 15, 2024.

SEC source: 0001062993-23-011443 · form4.xml · derivative · entry 3

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 7,083 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Each RSU represents a contingent right to receive one share of common stock.

F1 · shares: Vesting of time-based RSUs granted on May 11, 2022.

F4 · price: Not Applicable

F1 · derivative.exercise_date: Vesting of time-based RSUs granted on May 11, 2022.

F4 · derivative.expiration_date: Not Applicable

SEC source: 0001062993-23-011443 · form4.xml · nonDerivative · entry 2

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 19,322

F2 · shares: Pursuant to the terms of the Company's equity compensation plan, represents shares withheld by the Company to satisfy state tax withholding obligations.

SEC source: 0001062993-23-011443 · form4.xml · nonDerivative · entry 1

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 19,329

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Vesting of time-based RSUs granted on May 11, 2022.

SEC source: 0001628280-22-024992 · wf-form4_166327230699370.xml · derivative · entry 1

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 84,720

Underlying: Common Units · 6,199 shares

Expires not disclosed

F1 · security: Represents a separate non-voting class of limited liability company interests ("OP LTIP Units") of Ellington Financial Operating Partnership LLC (the "Operating Partnership"), the operating partnership of Ellington Financial Inc. (the "Company").

F2 · derivative.exercise_price: The 6,199 OP LTIP Units remain forfeitable, subject to the reporting person's continued service as a member of the board of directors of the Company, until September 12, 2023. The OP LTIP Units may be converted, upon lapse of the vesting restrictions described above, at the election of the holder, or at any time at the election of the Company, into limited liability company interests of the Operating Partnership designated as common units ("Common Units") on a one-for-one basis. Subject to certain conditions, the Common Units are redeemable by the holder for an equivalent number of shares of common stock of the Company, $0.001 par value per share (the "Common Shares") or for the cash value of such Common Shares, at the Company's election. The OP LTIP Units were issued pursuant to, and are subject to the terms and conditions of,the Company's 2017 Equity Incentive Plan. The rights to convert OP LTIP Units into Common Units and redeem such Common Units do not have expiration dates.

F2 · price: The 6,199 OP LTIP Units remain forfeitable, subject to the reporting person's continued service as a member of the board of directors of the Company, until September 12, 2023. The OP LTIP Units may be converted, upon lapse of the vesting restrictions described above, at the election of the holder, or at any time at the election of the Company, into limited liability company interests of the Operating Partnership designated as common units ("Common Units") on a one-for-one basis. Subject to certain conditions, the Common Units are redeemable by the holder for an equivalent number of shares of common stock of the Company, $0.001 par value per share (the "Common Shares") or for the cash value of such Common Shares, at the Company's election. The OP LTIP Units were issued pursuant to, and are subject to the terms and conditions of,the Company's 2017 Equity Incentive Plan. The rights to convert OP LTIP Units into Common Units and redeem such Common Units do not have expiration dates.

F2 · derivative.exercise_date: The 6,199 OP LTIP Units remain forfeitable, subject to the reporting person's continued service as a member of the board of directors of the Company, until September 12, 2023. The OP LTIP Units may be converted, upon lapse of the vesting restrictions described above, at the election of the holder, or at any time at the election of the Company, into limited liability company interests of the Operating Partnership designated as common units ("Common Units") on a one-for-one basis. Subject to certain conditions, the Common Units are redeemable by the holder for an equivalent number of shares of common stock of the Company, $0.001 par value per share (the "Common Shares") or for the cash value of such Common Shares, at the Company's election. The OP LTIP Units were issued pursuant to, and are subject to the terms and conditions of,the Company's 2017 Equity Incentive Plan. The rights to convert OP LTIP Units into Common Units and redeem such Common Units do not have expiration dates.

F2 · derivative.expiration_date: The 6,199 OP LTIP Units remain forfeitable, subject to the reporting person's continued service as a member of the board of directors of the Company, until September 12, 2023. The OP LTIP Units may be converted, upon lapse of the vesting restrictions described above, at the election of the holder, or at any time at the election of the Company, into limited liability company interests of the Operating Partnership designated as common units ("Common Units") on a one-for-one basis. Subject to certain conditions, the Common Units are redeemable by the holder for an equivalent number of shares of common stock of the Company, $0.001 par value per share (the "Common Shares") or for the cash value of such Common Shares, at the Company's election. The OP LTIP Units were issued pursuant to, and are subject to the terms and conditions of,the Company's 2017 Equity Incentive Plan. The rights to convert OP LTIP Units into Common Units and redeem such Common Units do not have expiration dates.

SEC source: 0001062993-22-013540 · form4.xml · nonDerivative · entry 1

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,246

F1 · shares: Sale of Common Stock pursuant to a 10b5-1 trading plan.

SEC source: 0001062993-22-012776 · form4.xml · derivative · entry 3

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 5,986 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Each RSU represents a contingent right to receive one share of common stock.

F1 · shares: Vesting of time-based RSUs granted on May 12, 2021.

F4 · price: Not Applicable.

F1 · derivative.exercise_date: Vesting of time-based RSUs granted on May 12, 2021.

F4 · derivative.expiration_date: Not Applicable.

SEC source: 0001062993-22-012776 · form4.xml · nonDerivative · entry 2

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,639

F2 · shares: Pursuant to the terms of the Company???s equity compensation plan, represents shares withheld by the Company to satisfy state tax withholding obligations.

SEC source: 0001062993-22-012776 · form4.xml · nonDerivative · entry 1

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,643

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Vesting of time-based RSUs granted on May 12, 2021.

SEC source: 0001062993-22-012413 · form4.xml · derivative · entry 1

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,083

Underlying: Common Stock · 7,083 shares

Expires not disclosed

F1 · derivative.exercise_price: Each RSU represents a contingent right to receive one share of common stock.

F2 · shares: Award represents an annual equity award to non-employee directors.

F4 · price: Not Applicable.

F3 · derivative.exercise_date: The time-based RSUs vest on May 15, 2023.

F4 · derivative.expiration_date: Not Applicable.

F3 · balance_after: The time-based RSUs vest on May 15, 2023.

SEC source: 0001628280-21-018679 · wf-form4_163173636795711.xml · derivative · entry 1

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 78,521

Underlying: Common Units · 4,066 shares

Expires not disclosed

F1 · security: Represents a separate non-voting class of limited liability company interests ("OP LTIP Units") of Ellington Financial Operating Partnership LLC (the "Operating Partnership"), the operating partnership ofEllington Financial Inc. (the "Company").

F2 · derivative.exercise_price: The 4,066 OP LTIP Units remain forfeitable, subject to the reporting person's continued service as a member of the board of directors of the Company, until September 13, 2022. The OP LTIP Units may be converted, upon lapse of the vesting restrictions described above, at the election of the holder, or at any time at the election of the Company, into limited liability company interests of the Operating Partnership designated as common units ("Common Units") on a one-for-one basis. Subject to certain conditions, the Common Units are redeemable by the holder for an equivalent number of shares of common stock of the Company, $0.001 par value per share (the "Common Shares") or for the cash value of such Common Shares, at the Company's election. The OP LTIP Units were issued pursuant to, and are subject to the terms and conditions of,the Company's 2017 Equity Incentive Plan (the "2017 Plan").

F2 · price: The 4,066 OP LTIP Units remain forfeitable, subject to the reporting person's continued service as a member of the board of directors of the Company, until September 13, 2022. The OP LTIP Units may be converted, upon lapse of the vesting restrictions described above, at the election of the holder, or at any time at the election of the Company, into limited liability company interests of the Operating Partnership designated as common units ("Common Units") on a one-for-one basis. Subject to certain conditions, the Common Units are redeemable by the holder for an equivalent number of shares of common stock of the Company, $0.001 par value per share (the "Common Shares") or for the cash value of such Common Shares, at the Company's election. The OP LTIP Units were issued pursuant to, and are subject to the terms and conditions of,the Company's 2017 Equity Incentive Plan (the "2017 Plan").

F2 · derivative.exercise_date: The 4,066 OP LTIP Units remain forfeitable, subject to the reporting person's continued service as a member of the board of directors of the Company, until September 13, 2022. The OP LTIP Units may be converted, upon lapse of the vesting restrictions described above, at the election of the holder, or at any time at the election of the Company, into limited liability company interests of the Operating Partnership designated as common units ("Common Units") on a one-for-one basis. Subject to certain conditions, the Common Units are redeemable by the holder for an equivalent number of shares of common stock of the Company, $0.001 par value per share (the "Common Shares") or for the cash value of such Common Shares, at the Company's election. The OP LTIP Units were issued pursuant to, and are subject to the terms and conditions of,the Company's 2017 Equity Incentive Plan (the "2017 Plan").

F2 · derivative.expiration_date: The 4,066 OP LTIP Units remain forfeitable, subject to the reporting person's continued service as a member of the board of directors of the Company, until September 13, 2022. The OP LTIP Units may be converted, upon lapse of the vesting restrictions described above, at the election of the holder, or at any time at the election of the Company, into limited liability company interests of the Operating Partnership designated as common units ("Common Units") on a one-for-one basis. Subject to certain conditions, the Common Units are redeemable by the holder for an equivalent number of shares of common stock of the Company, $0.001 par value per share (the "Common Shares") or for the cash value of such Common Shares, at the Company's election. The OP LTIP Units were issued pursuant to, and are subject to the terms and conditions of,the Company's 2017 Equity Incentive Plan (the "2017 Plan").

SEC source: 0000890926-21-000077 · edgar.xml · nonDerivative · entry 1

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,657

SEC source: 0000890926-21-000058 · edgar.xml · derivative · entry 3

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 9,962 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Each RSU represents a contingent right to receive one share of common stock.

F1 · shares: Vesting of time-based RSUs granted on May 13, 2020.

F5 · price: Not Applicable.

F1 · derivative.exercise_date: Vesting of time-based RSUs granted on May 13, 2020.

F5 · derivative.expiration_date: Not Applicable.

F1 · derivative.underlying_shares: Vesting of time-based RSUs granted on May 13, 2020.

SEC source: 0000890926-21-000058 · edgar.xml · nonDerivative · entry 1

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,657

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Vesting of time-based RSUs granted on May 13, 2020.

SEC source: 0000890926-21-000058 · edgar.xml · derivative · entry 2

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,986

Underlying: Common Stock · 5,986 shares

Expires not disclosed

F2 · derivative.exercise_price: Each RSU represents a contingent right to receive one share of common stock.

F3 · shares: Award represents an annual equity award to non-employee directors.

F5 · price: Not Applicable.

F4 · derivative.exercise_date: The time-based RSUs vest on May 15, 2022

F5 · derivative.expiration_date: Not Applicable.

F4 · balance_after: The time-based RSUs vest on May 15, 2022

SEC source: 0001628280-20-013551 · wf-form4_160011382216981.xml · derivative · entry 1

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 74,455

Underlying: Common Units · 5,710 shares

Expires not disclosed

F1 · security: Represents a separate non-voting class of limited liability company interests ("OP LTIP Units") of Ellington Financial Operating Partnership LLC (the "Operating Partnership"), the operating partnership of Ellington Financial Inc. (the "Company").

F2 · derivative.exercise_price: The 5,710 OP LTIP Units remain forfeitable, subject to the reporting person's continued service as a member of the board of directors of the Company, until September 9, 2021. The OP LTIP Units may be converted, upon lapse of the vesting restrictions described above, at the election of the holder, or at any time at the election of the Company, into limited liability company interests of the Operating Partnership designated as common units ("Common Units") on a one-for-one basis. Subject to certain conditions, the Common Units are redeemable by the holder for an equivalent number of shares of common stock of the Company, $0.001 par value per share (the "Common Shares") or for the cash value of such Common Shares, at the Company's election. The OP LTIP Units were issued pursuant to, and are subject to the terms and conditions of,the Company's 2017 Equity Incentive Plan (the "2017 Plan").

F2 · price: The 5,710 OP LTIP Units remain forfeitable, subject to the reporting person's continued service as a member of the board of directors of the Company, until September 9, 2021. The OP LTIP Units may be converted, upon lapse of the vesting restrictions described above, at the election of the holder, or at any time at the election of the Company, into limited liability company interests of the Operating Partnership designated as common units ("Common Units") on a one-for-one basis. Subject to certain conditions, the Common Units are redeemable by the holder for an equivalent number of shares of common stock of the Company, $0.001 par value per share (the "Common Shares") or for the cash value of such Common Shares, at the Company's election. The OP LTIP Units were issued pursuant to, and are subject to the terms and conditions of,the Company's 2017 Equity Incentive Plan (the "2017 Plan").

F2 · derivative.exercise_date: The 5,710 OP LTIP Units remain forfeitable, subject to the reporting person's continued service as a member of the board of directors of the Company, until September 9, 2021. The OP LTIP Units may be converted, upon lapse of the vesting restrictions described above, at the election of the holder, or at any time at the election of the Company, into limited liability company interests of the Operating Partnership designated as common units ("Common Units") on a one-for-one basis. Subject to certain conditions, the Common Units are redeemable by the holder for an equivalent number of shares of common stock of the Company, $0.001 par value per share (the "Common Shares") or for the cash value of such Common Shares, at the Company's election. The OP LTIP Units were issued pursuant to, and are subject to the terms and conditions of,the Company's 2017 Equity Incentive Plan (the "2017 Plan").

F2 · derivative.expiration_date: The 5,710 OP LTIP Units remain forfeitable, subject to the reporting person's continued service as a member of the board of directors of the Company, until September 9, 2021. The OP LTIP Units may be converted, upon lapse of the vesting restrictions described above, at the election of the holder, or at any time at the election of the Company, into limited liability company interests of the Operating Partnership designated as common units ("Common Units") on a one-for-one basis. Subject to certain conditions, the Common Units are redeemable by the holder for an equivalent number of shares of common stock of the Company, $0.001 par value per share (the "Common Shares") or for the cash value of such Common Shares, at the Company's election. The OP LTIP Units were issued pursuant to, and are subject to the terms and conditions of,the Company's 2017 Equity Incentive Plan (the "2017 Plan").

SEC source: 0000890926-20-000060 · edgar.xml · nonDerivative · entry 1

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,695

SEC source: 0000890926-20-000052 · edgar.xml · derivative · entry 1

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,962

Underlying: Common Stock · 9,962 shares

Expires not disclosed

F1 · security: Award represents an annual equity award to non-employee directors.

F2 · shares: Each RSU represents a contingent right to receive one share of common stock.

F4 · price: Not applicable to this transaction.

F3 · derivative.exercise_date: Each RSU vests on the first anniversary of the grant date.

F3 · derivative.expiration_date: Each RSU vests on the first anniversary of the grant date.

F2 · derivative.underlying_shares: Each RSU represents a contingent right to receive one share of common stock.

F3 · balance_after: Each RSU vests on the first anniversary of the grant date.

SEC source: 0001628280-19-011685 · wf-form4_156839814827951.xml · derivative · entry 1

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 68,745

Underlying: Common Units · 3,638 shares

Expires not disclosed

F1 · security: Represents a separate non-voting class of limited liability company interests ("OP LTIP Units") of Ellington Financial Operating Partnership LLC (the "Operating Partnership"), the operating partnership subsidiary of Ellington Financial Inc. (the "Company").

F2 · derivative.exercise_price: The 3,638 OP LTIP Units remain forfeitable, subject to the reporting person's continued service as a member of the board of directors of the Company, until September 10, 2020. The OP LTIP Units may be converted, upon lapse of the vesting restrictions described above, at the election of the holder, or at any time at the election of the Company, into limited liability company interests of the Operating Partnership designated as common units ("Common Units") on a one-for-one basis. Subject to certain conditions, the Common Units are redeemable by the holder for an equivalent number of shares of common stock of the Company, $0.001 par value per share (the "Common Shares"), or for the cash value of such Common Shares, at the Company's election. The OP LTIP Units were issued pursuant to, and are subject to the terms and conditions of, the Company's 2017 Equity Incentive Plan.

F2 · price: The 3,638 OP LTIP Units remain forfeitable, subject to the reporting person's continued service as a member of the board of directors of the Company, until September 10, 2020. The OP LTIP Units may be converted, upon lapse of the vesting restrictions described above, at the election of the holder, or at any time at the election of the Company, into limited liability company interests of the Operating Partnership designated as common units ("Common Units") on a one-for-one basis. Subject to certain conditions, the Common Units are redeemable by the holder for an equivalent number of shares of common stock of the Company, $0.001 par value per share (the "Common Shares"), or for the cash value of such Common Shares, at the Company's election. The OP LTIP Units were issued pursuant to, and are subject to the terms and conditions of, the Company's 2017 Equity Incentive Plan.

F2 · derivative.exercise_date: The 3,638 OP LTIP Units remain forfeitable, subject to the reporting person's continued service as a member of the board of directors of the Company, until September 10, 2020. The OP LTIP Units may be converted, upon lapse of the vesting restrictions described above, at the election of the holder, or at any time at the election of the Company, into limited liability company interests of the Operating Partnership designated as common units ("Common Units") on a one-for-one basis. Subject to certain conditions, the Common Units are redeemable by the holder for an equivalent number of shares of common stock of the Company, $0.001 par value per share (the "Common Shares"), or for the cash value of such Common Shares, at the Company's election. The OP LTIP Units were issued pursuant to, and are subject to the terms and conditions of, the Company's 2017 Equity Incentive Plan.

F2 · derivative.expiration_date: The 3,638 OP LTIP Units remain forfeitable, subject to the reporting person's continued service as a member of the board of directors of the Company, until September 10, 2020. The OP LTIP Units may be converted, upon lapse of the vesting restrictions described above, at the election of the holder, or at any time at the election of the Company, into limited liability company interests of the Operating Partnership designated as common units ("Common Units") on a one-for-one basis. Subject to certain conditions, the Common Units are redeemable by the holder for an equivalent number of shares of common stock of the Company, $0.001 par value per share (the "Common Shares"), or for the cash value of such Common Shares, at the Company's election. The OP LTIP Units were issued pursuant to, and are subject to the terms and conditions of, the Company's 2017 Equity Incentive Plan.

F2 · derivative.underlying: The 3,638 OP LTIP Units remain forfeitable, subject to the reporting person's continued service as a member of the board of directors of the Company, until September 10, 2020. The OP LTIP Units may be converted, upon lapse of the vesting restrictions described above, at the election of the holder, or at any time at the election of the Company, into limited liability company interests of the Operating Partnership designated as common units ("Common Units") on a one-for-one basis. Subject to certain conditions, the Common Units are redeemable by the holder for an equivalent number of shares of common stock of the Company, $0.001 par value per share (the "Common Shares"), or for the cash value of such Common Shares, at the Company's election. The OP LTIP Units were issued pursuant to, and are subject to the terms and conditions of, the Company's 2017 Equity Incentive Plan.

SEC source: 0001628280-18-011863 · wf-form4_153695546007557.xml · derivative · entry 1

Mumford Lisa · CIK 0001380384 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 65,107

Underlying: Common shares representing ltd liability company interests · 3,610 shares

Expires not disclosed

F1 · security: Represents a separate non-voting class of limited liability company interests ("LTIP Units") of Ellington Financial LLC (the "Company"), which are structured as profits interests. The LTIP Units were issued pursuant to, and are subject to the terms and conditions of, the Issuer's 2017 Equity Incentive Plan.

F2 · derivative.exercise_price: The 3,610 LTIP Units remain forfeitable, subject to the reporting person's continued service as a member of the board of directors of the Company, until September 11, 2019. After the applicable forfeiture restrictions lapse, the LTIP Units may be converted at the election of the holder, into common shares representing limited liability interests of the Company ("Common Shares") on a one-for-one basis. The rights to convert LTIP Units into Common Shares do not have expiration dates.

F2 · derivative.exercise_date: The 3,610 LTIP Units remain forfeitable, subject to the reporting person's continued service as a member of the board of directors of the Company, until September 11, 2019. After the applicable forfeiture restrictions lapse, the LTIP Units may be converted at the election of the holder, into common shares representing limited liability interests of the Company ("Common Shares") on a one-for-one basis. The rights to convert LTIP Units into Common Shares do not have expiration dates.

F2 · derivative.expiration_date: The 3,610 LTIP Units remain forfeitable, subject to the reporting person's continued service as a member of the board of directors of the Company, until September 11, 2019. After the applicable forfeiture restrictions lapse, the LTIP Units may be converted at the election of the holder, into common shares representing limited liability interests of the Company ("Common Shares") on a one-for-one basis. The rights to convert LTIP Units into Common Shares do not have expiration dates.

SEC source: 0001628280-17-012335 · wf-form4_151326844166850.xml · derivative · entry 1

Mumford Lisa · CIK 0001380384 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 61,497

Underlying: Common shares representing ltd liability company interests · 11,773 shares

Expires not disclosed

F1 · security: Represents a separate non-voting class of limited liability company interests ("LTIP Units") of the Issuer, which are structured as profits interests. 5,887 of the LTIP Units will vest one year from the date of grant and the remaining 5,886 of the LTIP units will vest two years from the date of grant. The LTIP Units may be converted at the election of the holder, into common shares representing limited liability company interests of the Issuer on a one-for-one basis. The LTIP Units were issued pursuant to, and are subject to the terms and conditions of, the Issuer's 2017 Equity Incentive Plan.

F1 · derivative.exercise_price: Represents a separate non-voting class of limited liability company interests ("LTIP Units") of the Issuer, which are structured as profits interests. 5,887 of the LTIP Units will vest one year from the date of grant and the remaining 5,886 of the LTIP units will vest two years from the date of grant. The LTIP Units may be converted at the election of the holder, into common shares representing limited liability company interests of the Issuer on a one-for-one basis. The LTIP Units were issued pursuant to, and are subject to the terms and conditions of, the Issuer's 2017 Equity Incentive Plan.

F1 · derivative.exercise_date: Represents a separate non-voting class of limited liability company interests ("LTIP Units") of the Issuer, which are structured as profits interests. 5,887 of the LTIP Units will vest one year from the date of grant and the remaining 5,886 of the LTIP units will vest two years from the date of grant. The LTIP Units may be converted at the election of the holder, into common shares representing limited liability company interests of the Issuer on a one-for-one basis. The LTIP Units were issued pursuant to, and are subject to the terms and conditions of, the Issuer's 2017 Equity Incentive Plan.

F1 · derivative.expiration_date: Represents a separate non-voting class of limited liability company interests ("LTIP Units") of the Issuer, which are structured as profits interests. 5,887 of the LTIP Units will vest one year from the date of grant and the remaining 5,886 of the LTIP units will vest two years from the date of grant. The LTIP Units may be converted at the election of the holder, into common shares representing limited liability company interests of the Issuer on a one-for-one basis. The LTIP Units were issued pursuant to, and are subject to the terms and conditions of, the Issuer's 2017 Equity Incentive Plan.

SEC source: 0001628280-17-012334 · wf-form4_151326836585077.xml · nonDerivative · entry 1

Mumford Lisa · CIK 0001380384 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,209

F1 · price: The common shares of beneficial interest (the "Common Shares") were granted to the Reporting Person as the Company's Chief Financial Officer, under the Ellington Residential Mortgage REIT 2013 Equity Incentive Plan. 1,784 of the Common Shares will vest, subject to certain limitations, on December 12, 2018, and the remaining 1,783 of the Common Shares will vest, subject to certain limitations, on December 12, 2019.

SEC source: 0001628280-16-022034 · wf-form4_148175103251557.xml · derivative · entry 1

Mumford Lisa · CIK 0001380384 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 49,724

Underlying: Common shares representing ltd liability company interests · 11,166 shares

Expires not disclosed

F1 · security: Represents a separate non-voting class of limited liability company interests ("LTIP Units") of the Issuer, which are structured as profits interests. 5,583 of the LTIP Units will vest one year from the date of grant and the remaining 5,583 of the LTIP units will vest two years from the date of grant. The LTIP Units may be converted at the election of the holder, into common shares representing limited liability company interests of the Issuer on a one-for-one basis. The LTIP Units were issued pursuant to, and are subject to the terms and conditions of, the Issuer's 2007 Incentive Plan for Individuals.

F1 · derivative.exercise_price: Represents a separate non-voting class of limited liability company interests ("LTIP Units") of the Issuer, which are structured as profits interests. 5,583 of the LTIP Units will vest one year from the date of grant and the remaining 5,583 of the LTIP units will vest two years from the date of grant. The LTIP Units may be converted at the election of the holder, into common shares representing limited liability company interests of the Issuer on a one-for-one basis. The LTIP Units were issued pursuant to, and are subject to the terms and conditions of, the Issuer's 2007 Incentive Plan for Individuals.

F1 · derivative.exercise_date: Represents a separate non-voting class of limited liability company interests ("LTIP Units") of the Issuer, which are structured as profits interests. 5,583 of the LTIP Units will vest one year from the date of grant and the remaining 5,583 of the LTIP units will vest two years from the date of grant. The LTIP Units may be converted at the election of the holder, into common shares representing limited liability company interests of the Issuer on a one-for-one basis. The LTIP Units were issued pursuant to, and are subject to the terms and conditions of, the Issuer's 2007 Incentive Plan for Individuals.

F1 · derivative.expiration_date: Represents a separate non-voting class of limited liability company interests ("LTIP Units") of the Issuer, which are structured as profits interests. 5,583 of the LTIP Units will vest one year from the date of grant and the remaining 5,583 of the LTIP units will vest two years from the date of grant. The LTIP Units may be converted at the election of the holder, into common shares representing limited liability company interests of the Issuer on a one-for-one basis. The LTIP Units were issued pursuant to, and are subject to the terms and conditions of, the Issuer's 2007 Incentive Plan for Individuals.

SEC source: 0001628280-16-022036 · wf-form4_148175114680626.xml · nonDerivative · entry 1

Mumford Lisa · CIK 0001380384 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,642

F1 · price: The common shares of beneficial interest (the "Common Shares") were granted to the Reporting Person as the Company's Chief Financial Officer, under the Ellington Residential Mortgage REIT 2013 Equity Incentive Plan. 1,557 of the Common Shares will vest, subject to certain limitations, on December 13, 2017, and the remaining 1,556 of the Common Shares will vest, subject to certain limitations, on December 13, 2018.