Rithm Capital Corp.·4

May 27, 5:13 PM ET

Kripalani Ranjit M 4

Research Summary

AI-generated summary

Updated

Rithm Capital (RITM) Director Ranjit Kripalani Receives Award

What Happened

  • Ranjit M. Kripalani, a director of Rithm Capital Corp. (RITM), was issued 16,739 shares as an award/compensation on May 26, 2026. The reported acquisition price was $0.00 (i.e., a grant). Using the applicable closing price of $9.26 on May 22, 2026, the shares had a market value of about $155,000 at that close.
  • This was an award/compensation issuance (transaction code A), not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-05-26 (reported on Form 4 filed 2026-05-27).
  • Acquisition price: $0.00 per share (grant).
  • Shares granted: 16,739 shares (approx. $155,000 using $9.26 close on 2026-05-22).
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Footnote: The shares were issued under the Issuer's Omnibus Incentive Plan pursuant to a board resolution; the filing cites the $9.26 closing price used for valuation (F1).
  • Filing timeliness: Report appears timely (transaction 2026-05-26, Form 4 filed 2026-05-27).

Context

  • This was a compensation award to a director. Such grants are routine corporate compensation and do not represent an open‑market purchase (a stronger bullish signal) or a sale.
  • Awards under omnibus plans can carry vesting schedules or other restrictions; the Form 4 notes issuance under the plan but does not detail vesting — check other SEC filings (e.g., proxy statements or subsequent Form 4s) for vesting or disposition information.