Rithm Property Trust Inc. 8-K

What Happened
Rithm Property Trust Inc. announced in an 8-K that it completed a 1-for-6 reverse stock split of its common stock effective December 30, 2025 at 5:00 p.m. Eastern Time. The split automatically converted every six shares into one share and also included a corresponding adjustment to outstanding common units of its operating partnership. No action was required by stockholders; accounts were automatically updated.

Key Details

• Reverse split ratio: 1-for-6, effective Dec 30, 2025 at 5:00 p.m. ET.
• Shares outstanding reduced from 45,401,123 to approximately 7,566,853 as of the Effective Time.
• Fractional shares will be settled in cash based on the NYSE closing price on Dec 30, 2025 (post-split).
• Company filed two Articles of Amendment: one implementing the split and a temporary par value change to $0.06, and a second returning par value to $0.01 immediately after.
• NYSE trading is expected to resume on a split-adjusted basis on Dec 31, 2025 under the existing symbol “RPT”; new CUSIP: 38983D854.
• Equity awards under the Company’s 2014 Director Equity Plan and 2016 Equity Incentive Plan and outstanding awards were ratably adjusted.

Why It Matters
A reverse stock split reduces the number of shares outstanding and proportionally increases the per‑share price, while leaving each holder’s percentage ownership unchanged except for de minimis effects from cashing out fractional shares. For investors, this changes share count, ticker CUSIP details, and how fractional holdings are handled, but does not by itself change underlying ownership stakes or the company’s reported fundamentals.